Adding mobile phone money transfer service to my retail shop

Domnic

Nairobi, Kenya

64% repaid

Entrepreneur

Name

Domnic

Member since

December 2014

On-time repayments

253 installments  •  30%

About Me

I grew in Kamser Sub-Location and schooled in Kamser Primary School upto grade five before moving to Seka Primary School for grade Six-Eight.I lost my parents be joining Oriwo High School for secondary education thank God my dad was wise enough ,as young as I was he taught me house to leave .He was a horticultural farmer growing mainly kales and tomatoes and took over after he passed on and started growing the crops on our farm which is located on shore of Lake Victoria,while I was at school,I used my saving to pay some people to take care of the farm.The farm produce were needed in my school since all children were boarding and had to eat kales everyday,sometimes lunch and supper,I became the school supplier and that catered for my fees for the four years at school.

My Business

I am currently buying and selling various consumable and non-consumable goods like sugar,flour,cooking oil,body lotions,soap,.The consumable goods are ever in high demand and that is why I chose this king of business having seen the high population.A dozen of maize floor cost $ 10 and is sold to the consumers @ $ 14 and two kilogram of sugar cost @ 2 from wholesalers and sold @ $ 3. The proceeds will be used to improve the business as well improve my life and that of my small family.I will be able to get increased profit with increased loan amount on the goods I am going to sell.

Loan Proposal

I want to add money transfer service (mpesa) to my retail shop business. there is a big demand for this service, an opportunity I have been missing. This project requires $ 500. I will add the loan amount I want to raise with zidisha to $ 150 which I have retained from my business profits. Feasibility studies has revealed that profit from this venture will be about $ 100 per month.

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$357.00

Date disbursed

Aug 19, 2015

Repayment status

Late

Projected term

52 months

Lenders

N

nonnenore

Cashiers, NC, United States

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

sarasofia

Stockholm, Sweden

Zidisha

Sterling, United States

MienDeGraeve

Ouagadougou, Burkina Faso

C

cjmenchaca

Austin, United States

A

AlexCheng

Seattle, United States

M

MattLondon

London, United Kingdom

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

A

anonymous123

United States

G

graememoss

Amsterdam, Netherlands

M

McCoys

London, United Kingdom

SeeMeeFi

Ontario, Canada

Landei

Sandersdorf-Brehna, Germany

cmahoney

Chadds Ford, United States

Cloudways

Malta, Malta

C

cravioli

geneva, Switzerland

C

Charlotte

Charlotte, United States

ads68

Melbourne, Australia

G

GrandmaMae

Wausau, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

A

alexvanandel

Haarlemmermeer, Netherlands

Hedwich

Gorssel, Netherlands

K

kingcamo1095

Mountain Home, United States

B

Bokolo

Leeds, United Kingdom

D

Darckdog

Lisboa, Portugal

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

O

OrientExpress

Tokyo, Japan

M

mzhope

Harrisburg, United States

T

thebonseung

Republic of Korea

M

MichelleAnthony

Belchertown, United States

Matching Fund

Sterling, United States

AllieJ

Camberwell, Australia

D

Donh419

United States

S

Samhall8

Brandon, Canada

M

Manley

Windermere, United States

WiscoHorndog

United States

TyrynyRed

United States

C

cha1mers

United States

K

Keith

Luxembourg

N

nshekher

United States

Otto Barten

Amsterdam, Netherlands

Dave

Ede, Netherlands

N

nagoll

United States

T

twm3823

United States

OllieOladele

London, United Kingdom

O

ORBP1

Germany

D

djlayton4

United States

K

Kristiina

All Countries

JL

Joao Leal

United Kingdom

Valeria Cremonesi

Casalpusterlengo, Italy

John R

Ponte Vedra Beach, United States

F

FFMInvest

Frankfurt Am Main, Germany

Heiko

Haan, Germany

Paul

Auckland, New Zealand

W

Wade

United States

H

Hank

New Zealand

MB

michael breen

United Kingdom

The Bayiates Family

Chicago, IL, United States

G

Graham

United States

Rukmini Sarkar

Washington DC, USA, United States

Julia

United States

RB

Richard Busby

United States

MK

Max Kolysh

United States

BB

Ben Bellows

United States

DC

Dan Crosby

United States

JF

Jason Foti

United States

M

Mart

United Kingdom

Robin Padberg

Pétion-Ville, Haiti

SG

Sharon G

Portland, United States

RobLu

Michigan, United States

E

Eve

United States

Kyle Holohan

United States

PS

Pedro Soares

Almada, Portugal

Jason Ormand

New York City, United States

G

george

United States

KN

Ken Nielsen

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$236.89

Amount remaining

$136.16

Expected completion

Dec 22, 2019

Status

Repaying late

Installment amount

$2.00

Repayment History

Expected Payments Actual Payments
Aug 30, 2015 $10.00 Aug 30, 2015 $10.00
Sep 6, 2015 $10.00 Sep 7, 2015 $10.00
Sep 13, 2015 $10.00 Sep 14, 2015 $10.00
Sep 20, 2015 $2.00 Sep 19, 2015 $2.00
Sep 27, 2015 $2.00 Sep 29, 2015 $2.00
Oct 4, 2015 $2.00 Oct 3, 2015 $2.00
Oct 11, 2015 $2.00 Oct 9, 2015 $2.00
Oct 18, 2015 $2.00 Oct 18, 2015 $2.00
Oct 25, 2015 $2.00 Oct 26, 2015 $2.00
Nov 1, 2015 $2.00 Oct 31, 2015 $2.00
Nov 8, 2015 $2.00 Nov 9, 2015 $2.00
Nov 15, 2015 $2.00 Nov 15, 2015 $2.00
Nov 22, 2015 $2.00 Nov 21, 2015 $2.00
Nov 29, 2015 $2.00 Nov 29, 2015 $2.00
Dec 6, 2015 $2.00 Dec 6, 2015 $2.00
Dec 13, 2015 $2.00 Dec 13, 2015 $2.00
Dec 20, 2015 $2.00 Dec 20, 2015 $2.00
Dec 27, 2015 $2.00 Dec 28, 2015 $2.00
Jan 3, 2016 $2.00 Jan 4, 2016 $2.00
Jan 10, 2016 $2.00 Jan 10, 2016 $2.00
Jan 17, 2016 $2.00 Jan 17, 2016 $2.00
Jan 24, 2016 $2.00 Jan 24, 2016 $2.00
Jan 31, 2016 $15.00 Feb 1, 2016 $15.00
Feb 7, 2016 $15.00 Feb 9, 2016 $15.00
Feb 14, 2016 $15.00 Feb 14, 2016 $15.00
Feb 21, 2016 $15.00 Mar 2, 2016 $15.00
Feb 28, 2016 $15.00 Mar 2, 2016 $15.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $0.00
Mar 27, 2016 $2.00 Mar 27, 2016 $2.00
Apr 3, 2016 $2.00 Apr 4, 2016 $2.00
Apr 10, 2016 $2.00 Apr 26, 2016 $2.00
Apr 17, 2016 $2.00 Apr 26, 2016 $2.00
Apr 24, 2016 $2.00 May 11, 2016 $2.00
May 1, 2016 $2.00 May 11, 2016 $2.00
May 8, 2016 $2.00 May 11, 2016 $2.00
May 15, 2016 $2.00 May 15, 2016 $2.00
May 22, 2016 $2.00 May 15, 2016 $2.00
May 29, 2016 $2.00 Jun 12, 2016 $2.00
Jun 5, 2016 $2.00 Jun 12, 2016 $2.00
Jun 12, 2016 $2.00 Jun 12, 2016 $2.00
Jun 19, 2016 $10.00 Jul 11, 2016 $10.00
Jun 26, 2016 $10.00 Jul 11, 2016 $10.00
Jul 3, 2016 $10.00 Jul 17, 2016 $10.00
Jul 10, 2016 $10.00 Jul 17, 2016 $10.00
Jul 17, 2016 $10.00 Jul 17, 2016 $10.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $0.00
Aug 21, 2016 $0.00
Aug 28, 2016 $2.00 Sep 3, 2016 $2.00
Sep 4, 2016 $2.00 Sep 11, 2016 $2.00
Sep 11, 2016 $2.00 Sep 11, 2016 $2.00
Sep 18, 2016 $2.00 Sep 20, 2016 $2.00
Sep 25, 2016 $2.00 Nov 16, 2016 $2.00
Oct 2, 2016 $2.00 Nov 28, 2016 $2.00
Oct 9, 2016 $2.00 Jul 11, 2019 $2.00
Oct 16, 2016 $0.90 Jul 11, 2019 $0.90
Oct 23, 2016 $0.00
Oct 30, 2016 $0.00
Nov 6, 2016 $0.00
Nov 13, 2016 $0.00
Nov 20, 2016 $0.00
Nov 27, 2016 $0.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.00
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $0.00
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.00
Jul 30, 2017 $0.00
Aug 6, 2017 $0.00
Aug 13, 2017 $0.00
Aug 20, 2017 $0.00
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $0.00
Oct 15, 2017 $0.00
Oct 22, 2017 $0.00
Oct 29, 2017 $0.00
Nov 5, 2017 $0.00
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $0.00
Feb 10, 2019 $0.00
Feb 17, 2019 $0.00
Feb 24, 2019 $0.00
Mar 3, 2019 $0.00
Mar 10, 2019 $0.00
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.00
Apr 14, 2019 $0.00
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.00
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.00
Jul 7, 2019 $0.00
Jul 14, 2019 $0.50 Jul 12, 2019 $0.50
Jul 21, 2019 $0.50 Jul 12, 2019 $0.50
Jul 28, 2019 $0.50 Jul 12, 2019 $0.50
Aug 4, 2019 $0.50 Jul 12, 2019 $0.50
Aug 11, 2019 $0.50 Jul 12, 2019 $0.50
Aug 18, 2019 $0.49 Jul 12, 2019 $0.49
Aug 25, 2019 $2.00 Oct 18, 2023 $2.00
Sep 1, 2019 $2.00
Sep 8, 2019 $2.00
Sep 15, 2019 $2.00
Sep 22, 2019 $2.00
Sep 29, 2019 $10.00
Oct 6, 2019 $10.00
Oct 13, 2019 $10.00
Oct 20, 2019 $10.00
Oct 27, 2019 $10.00
Nov 3, 2019 $10.00
Nov 10, 2019 $10.00
Nov 17, 2019 $10.00
Nov 24, 2019 $10.00
Dec 1, 2019 $10.00
Dec 8, 2019 $10.00
Dec 15, 2019 $10.00
Dec 22, 2019 $8.16

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