Hardware spare parts and lubricants

Mercy

Bamburi, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

December 2016

On-time repayments

34 installments  •  100%

About Me

My name Mercy Wambui - a business woman based in Mombasa - Kenya. I was born and raised up in central Kenya near the famous mount Kenya. I was born in a rural area where the main activity was (and still is) farming. My parents like other farmers in the region grew food crops such as maize (corn), beans and potatoes.

I later went to primary school and then joined secondary school. I then did a secretarial course in a vocational institution. I later got a job as a secretary where I worked for a number of year.

I later got married and joined my husband in Mombasa which is about 500 kilometers away. I resigned from where I was employed and joined my husband in his hardware store business. This is what I am still doing to date.

I am a mother of 2 children who are both in school. One would like to become a lawyer and the other a journalist.

My hobby is jogging which I like doing whenever time allows.

My Business

The business entails selling of hardware items such as tape measures, adhesives, lubricants etc. I get my stock from the capital city - Nairobi where there are big suppliers. I then retail them from my outlet at a profit.

I sell these items to many technicians in Mombasa city. I use the profit from this business to run our family budget and this supplements my husband's income.

Loan Proposal

I will buy more ropes,lubricants, tape measures and various sizes of screws which am buying and selling at a profit and they are first moving. I never have dead stock with my kind of business, in fact am planing to buy power tools spare parts when i get enough capital because the business is promising e,g generator spare parts like capacitors AVRs and pistons and many more.

Feedback

4

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

4 months

Lenders

PaulE

Cockeysville, MD, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

ZS

Zach Silveira

Asheville, Nc, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Mercy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mercy    May 17, 2023

    First of all I would like to thank my backers for backing me up to start my project which I did and managed to pay back my loan. Am now looking for funds so that I can add more stock to my shop, of which I have Alread started stocking gas burners, grills pipes gas lighters which am selling at whole sale price and they are fast moving.

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  • Mercy    Mar 5, 2023

    First of all I would I would like to thank all those who funded me for without you funding me I would not have realized my my dreams. I will use the funds to add a few Electrical items which are fast moving. The profit which I will get from selling those items, I will plug it back to my business and by doing so, I believe that my business will expand and I will be able to contribute comfortably towards paying some of our home bills.

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  • Victor    Mar 5, 2023

    All the best

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  • Mercy    Feb 27, 2023

    I would like to thank all my backers for raising the funds for me, without you backers I would not have moved a step forward with my business, I was able to purchase some goods with the money, which were fast moving and I was able to repay the loan smoothly, I will appreciate a lot if I get more funds so that I can be able to expand my business which is still growing slowly and I believe that with time I will stock my shop fully. My business was largely affected by the covid epidemic and now the economic effects of our country Kenya, but I thank God for we are recovering now. Apart from stocking oils with the money obtained from the fund raisers I would also like to buy other forms of goods like electrical items which I will sell at a profitable fee for there are a lot of construction of houses in my area and electrical gadgets will be needed of which I believe I will sell to them make a profit and plug it back to my growing business. Thank you are funders, I will not disappoint you.

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  • Mercy    Dec 24, 2022

    I wish to thank you all for the positive comments about me, and I promise to pay in full all my future loans. God bless you all, and I wish you all, a Merry Christmas and a prosperous new year.

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  • Ian    Dec 23, 2022

    Bless you, Mercy, and have a wonderful Christmas!

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  • Mercy    Dec 22, 2022

    Zidisha helped me to kick start my business which picked up very well and I stopped borrowing, but for now my business has been slow due to covid 19 effects, I hope to re build it up again slowly by slowly from the funds which I will get from zidisha.

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  • Mercy    Aug 4, 2017

    I would like to thank my lenders for the loan which i received Kshs7,578/- i will use the money to buy Lubricants, various sizes of screws and ropes. The amount of loan might seem small but it is helping me very much for am repaying back well without straining myself and i believe that with time my shop will be fully stocked.

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  • Mercy    Aug 1, 2017

    I would like to thank all my lenders for granting me another loan which I will use to purchase my hardware stock, like sisal ropes,tape measures and lubricants and various sizes of
    screws

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  • Mercy    Jul 28, 2017

    I would like to thank my lenders very much for the loan has been very useful to me, for i was able to purchase my goods which i then sold at a profit and i was able to repay my loan back without any problem. My business is growing little by little for am using my capital and profit earned to purchase more goods, and i can say that my shelves are now filling up with goods.

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  • Mercy    Jun 17, 2017

    Thanks for lending me again, i received Kshs. 5,052/- in my m-pesa account and i have used the money to purchase tape measures, ropes and screws.

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  • Mercy    Jun 14, 2017

    I thank you all for lending me the money, which will help me to add more stock to my shop. Am planning to buy more tape measures and ropes for my shop.

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  • Jane    Jun 10, 2017

    Good luck with your store Mercy, we hope this loan helps it grow bigger and better :)

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  • Mercy    Jun 8, 2017

    I thank my lenders for granting me the loan, which has been of great help to my business for am able to add more stock to it.r

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  • Mercy    May 15, 2017

    I would like to thank my lenders for the loan which they granted me and was received. The amount received was 3,545/- which i used to buy more sisal ropes and tape measures, am able to increase purchases for am putting back the profit and capital to buy the goods,

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  • Mercy    Apr 25, 2017

    I would like to take this opportunity to thank my lenders for granting me another loan.

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  • Mercy    Apr 25, 2017

    First of all i would like to thank my lenders for granting me these loans because my business is growing slowly for i have added more goods to my stock, of which i would not have done without these loans. From the profit which i got last time, i was able to buy sisal ropes 2kgs which am buying at kshs. 2000/- for 10pcs and for one peace i sell at kshs. 250/- making a profit of 50/- in other words i made a profit of 500/- from the kshs. 2000/- i injected in the business.

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  • Mercy    Apr 15, 2017

    I added more lubricants to my business sold them out and managed to purchase more. i can say that the loan is helping me out am growing slowly and am optimistic that am headed somewhere and am able to repay my loan back and on time. thanks for granting me that loan.

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  • Mercy    Mar 21, 2017

    I managed to purchase lubricant and tape measures and am selling now at a profit and thank you once again for the loan.

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  • Mercy    Mar 13, 2017

    I would like to thank you for granting me a loan of 2,244/- of which i will use to buy lubricant as part of my stock.

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