New stock of clothing & boosting M-Pesa (mobile money transfer) business

Eunice Watuthu

Nakuru, Kenya

28% repaid

Entrepreneur

Name

Eunice Watuthu

Member since

March 2012

On-time repayments

198 installments  •  51%

About Me

My name is Eunice Wangui Watuthu. I am a married lady and a mother of 5 children.
I come from a place called Maili Kumi, along Nakuru/Nyahururu Road. As you reach Maili Kumi, just before you reach Jomo Kenyatta High School, you alight at stage called corner just next to P.C.E.A Church on your left. My home is 100 meters from the main road. Ask for Mama Wanjau’s home. I grew up in Nyeri County where I started schooling from primary to college. Then, after getting married, we moved to Nakuru County where I live with my family. We decided to start the business with my husband. We saved some money and we started a business to be able to help educate our children in the high education and colleges.

My Business

I am a business lady at Maili Kumi Centre. My boutique is called Geocast. I started the business in the year 2007. I also operate an M-Pesa business under the same roof. The monthly income is about 60,000 for both businesses so the annual income is about 800,000. I offer bank service where I deal with M-Pesa from Safaricom. I am an equity agent and coorparative agent and also the KCB agent. Thanks to the Zidisha lenders; they have helped it to grow. These services are in demand since we are a bit far from Nakuru where the main banks are situated. I chose this business because there are many wholesalers, hardware and petrol stations around who use those agencies frequently. Typical costs and revenues are payment of house rent, salary and license. I use my profit to pay school fees, for reinvestment in growing the business, and I have built a perimeter wall around my home (home improvements).

Loan Proposal

I will use the amount to boost my M-Pesa account KSh 50,000 and also to buy a new stock (KSh 40,000) of the latest fashion clothes. The remaining amount will be used for transport and other simple things that are part of the business. I hope to expand my clothing business and banking section to the fullest.

Show original English  

About Me

My name is Eunice Wangui Watuthu. I am a married lady and a mother of 5 children.
I come from a place called called Maili Kumi, along Nakuru/Nyahururu road as you reach Maili Kumi just before you reach Jomo Kenyatta High School you alight at stage called corner just next to P.C.E.A Church on your left, my home is 100 meters from the main road. Ask for mama Wanjau’s home. i grew up in nyeri county where i started schooling from primary to college then after getting married wwe moved to nakuru county where live with my family. we decided to start the business with my husband which we saved some money and we started a business to be able to help educate our children, in the high education and colleges.

My Business

I am a business lady at Maili Kumi centre my boutique is called Geocast. I started the business in the year 2007.I also operate an Mpesa business under the same roof. The monthly income is about 60000 for both businesses so the annual income is about 800000. i offer bank service where i deal with Mpesa from safaricom , i am equity agent and co orparative agent and also the KCB agent thanks to the zidisha they have helped to grow.This good and services are in demand since we a bite far from the Nakuru where the main bank are situated. i choose this business because are many whole sellers , hardware and petrol stations around who use those agencies frequently. typical cost and revenues are payment of house rent, salary and license. i use my profit to pay school fees ,reinvestment in growing the business and i have built a perimeter wall around my home (home improvements)

Loan Proposal

I will use the amount to boost my Mpesa account Kes 50000 and also to buy a new stock of Kes 40000 of the latest fashion clothes.The remaining amount will be used for transport and other simple things that part tens the business. i hope to expand my clothing business and banking section to the fullest

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Loan Info

Project Type

Classic Loan

Disbursed amount

$992.00

Date disbursed

Apr 11, 2017

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Service fee: $41.46

Lenders

G

GalantnostS

Hong Kong, Hong Kong

G

garrybuck

Oro Valley, United States

F

Forba

Mo i Rana, Norway

T

TopUp

Toronto, Canada

C

chelseab

Oklahoma City, United States

M

mogensh

København V, Denmark

P

PeaceandLove

Morro Bay, United States

S

Sonja

London, United Kingdom

H

hwwijono

Jakarta, Indonesia

TK

Tim Koppel

WOLLONGONG, Australia

S

Sherry

Cold Spring, United States

B

Becmo

Brisbane, Australia

J

JayJay

Cleveland, United States

V

valeriesolanas

Stamford, United States

M

MattLondon

London, United Kingdom

S

SelvaMarcus

Green Cove Springs, United States

A

Arthurmb

Cebu city, Philippines

L

Ladysmom

Dallas, United States

T

TokyoBliss

Tokyo, Japan

S

suzerain

Kuala Lumpur, Malaysia

Ellwood

Wimborne, United Kingdom

C

Colesmiths

Sevenoaks, United Kingdom

Paul and Rachel

London, United Kingdom

A

Andersson

Sölvesborg, Sweden

J

JoeSolar

Virginia, United States

A

artom

Karkola, Finland

R

Rking

Eugene, United States

T

tjgiving

Oakland, United States

B

BillyJ

McKinney, United States

M

mkellerman

Shanghai, China

A

Andy

Berlin, United States

K

karit

Victoria, Canada

mithril

Prague, Czech Republic

Bobrm2k3

Charleston, United States

Richard100

Santa Ana, United States

E

erlingre

Sør-Fron, Norway

tswickrama

Orlando, United States

C

Colmena

Chicago, United States

C

colomar

Langen, Germany

B

bakedpotato

Middletown, United States

T

ThereIsNoGod

Singapore, Singapore

thomas2666

Brisbane, Australia

C

Clben7

Cincinnati, United States

A

axienjii

Amsterdam, United Kingdom

GiselleF

United Kingdom

L

lenders

United States

B

benlenarts

Netherlands

S

suraj_sindhia

United States

bb4dogs

United States

K

Kber9156

North Parramatta, Australia

Louella

Australia

dpollard

United States

Otto Barten

Amsterdam, Netherlands

S

satheajay

United States

Thorn

North Carolina, United States

NathanMoore

United States

C

Crainster

Chapel Hill, United States

AKWatson3

Norwalk, United States

M

MSpainhoward

United States

T

thehigginsons

United Kingdom

J

Joe

United States

Peter R

Fulda, Germany

T

TZ

Singapore, Singapore

A

adam

United Kingdom

Andrew

Melbourne, Australia

E

erica

antwerpen, Belgium

D

dabatate

Saarbrücken, Saarland, Germany

Cameron Graham

Nashville, TN, United States

AH

Adam Hill

United States

Corina King

Calgary, Canada

C

christine

Switzerland

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

B

Barry

United States

B

Bramlage

United States

P

Peter

Germany

Strong

Netherlands

V

Vidar

Oslo, Norway

Kayleigh George

Glasgow, United Kingdom

AC

Aaron Curtis

United States

I

isaac

United Kingdom

E

Erika

Ontario Canada, Canada

Derek Anderson

Yankton, United States

JB

John Brown

United States

RG

Ravi Gadad

United States

L

Lucas

United States

SG

Suresh Gadad

United States

SS

Sam Smithson

United Kingdom

PW

Peter Wang

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Donald

United States

A

Ari

United Kingdom

V

VJ

Canberra, Australia

SS

Sara Sobota

United States

K

Kyle

Durban, United Kingdom

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

K

Kara

United States

E

Earl

Australia

MM

Mike McGary

United States

Martha Fleury

Bethesda, MD, United States

D

dfg

United States

Paul Buchheit

Mountain View, United States

B

Brittany

United States

DN

Daphne Nock

United Kingdom

Keith Chan

Toronto, Canada

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

SL

Sam Lute

United States

A

Anonymous

United States

MW

Matt Winkler

United States, Canada

MP

Michael Poley

United States

United States

WD

Wouter D

Netherlands

Greg DeKoenigsberg

Durham NC, United States

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