Benedict
Nairobi, Kenya
31% repaid
Name
Benedict
Member since
March 2015
On-time repayments
311 installments • 69%
I have grown and schooled in rural Kenya (Eastern Region). I have worked Hard in school till my university. I saved from menial jobs until I had enough money to star my first M-pesa agency. my hobby is visiting children homes and keeping company with the children there. I also love doing football and swimming especially in those sunny days. These days I also find joy running my various businesses which I have started courtesy of Zidisha loans.
I am an online freelancer mostly doing academic research and supplements it with a M-pesa business. i feel it is socially revolutionizing because it touches on many people lives. my typical costs are internet installation and maintenance of computers. outlay cost is also incurred in purchase of M-pesa infrastructure every time i am expanding. Revenue is inform of commission and fees charged for freelancing. my proceeds are used to pay school fee for my sister (she is an orphan) and re-invest in the business. With the help of Zidisha I have started other businesses such as Sewing business, and fast food cafe near the University. I am now running these businesses and slowly building my own small business empire in my own small way.
I would like to add a cooking gas line of business At my cafe business. I have since realized most students reside outside the University and cook in their rented houses. Through their inquiries I have realized this is a business opportunity. This loan will help me purchase the initial gas cylinders at Ksh 70, 000. The rest will come from my savings. This will help Solve the student need for gas, (they are currently going far to get it). It will also increase my earning by Ksh, 15000 a month in addition to creating an employment opportunity because I will employ some one to man it
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$451.00
Date disbursed
Jun 19, 2018
Repayment status
Late
Projected term
6 months
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