Name
Mercy
Member since
January 2018
On-time repayments
48 installments • 58%
As you know my business has been canvas bags and the last loan was to finance bag orders that I had, unfortunately, I had some emergency and diverted the funds. On the positive side the orders were not cancelled hence I will still supply the orders.
I have been only doing the bags business however most customers have mad enquiries for other ladies products like shoes, clothes, jewellery and other accessories. This has come from repeat customers I have decided to add these items to my business since my clients are asking for them and will increase my customer base. If I get funded ill build this business to be a one-stop shop from bags clothes jewellery and shoes for the ladies. Most of my clients are located outside the Capital hence they like the fact they don't have to travel to get the goods the can get them by ordering onlice and I send them as a parcel. To be able to make a profit I have to buy items at a certain minimum quantity from wholesalers and importers to be able to be accorded the wholesale price.
I need to repair my smartphone that screen cracked, it was still working but it now has white parallel and horizontal lines which makes it impossible to see anything fixing the screen costs 42 dollars while a new one may cost from 55 dollars upwards. My mobile is important since I use it to contact customers and put my products adverts on social media and track orders.
This is because I get orders from different locations and send products via post. Since this business is purely online.
Without the smartphone, I can't communicate with customers online and answer their product queries.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$24.00
Date disbursed
Nov 13, 2018
Repayment status
On Time
Projected term
2 weeks
Other loans
Amount repaid
$24.85
Amount remaining
$0.00
Date repaid
Nov 21, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 23, 2018 | $12.43 | Nov 21, 2018 | $12.43 |
Nov 30, 2018 | $12.43 | Nov 21, 2018 | $12.43 |
Ask Mercy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.