Adding mpesa services to my business

Susan

Nyambari Lari, Kenya

100% repaid

Entrepreneur

Name

Susan

Member since

February 2015

On-time repayments

71 installments  •  37%

About Me

My name is Susan Wanjiru Mbugua aged 24 years old.I am the first born in the family of four girls.i am a kenyan by nationality born and raised in kiambu county,lari sub-county,lari division in gitithia sub-location.i am a christian by faith and worship at PCEA CHURCH in gitithia.
I schooled in lare primary school and then joined Gitithia secondary school and completed my o-level education with a KCSE certificate (Kenya Certificate of Secondary Education) but unfortunately i did not join college due to lack of finances.
i was later employed in a shoe selling shop where i worked for two years and gained some experience on selling shoes and later decided to feature in self employment after i managed to save Kshs. 20,000 in my bank account which was the base capital for my shoe selling kiosk.

My Business

my business is in nyambari centre along the nairobi- naivasha highway approximately 20 meteres from the highway.its only one and half years old.after observing the selling trends i decided to feature mainly on young people shoes and kids mainly from one year old since these age group frequently buy more than the aged group and also because they are ford of any new arrivals and fashion
i usually get my shoes from kampala uganda and others from nairobi area where i get them at a fair price that gives me back a profit averaging of $5.56(Kshs 500) per pair of shoe which helps me to get some more pairs as well assist in paying school fees for my two sisters who are currently undertaking their kenya secondary education,and also maintaining my business investment.

Loan Proposal

Hello lenders , I am back again with an idea of adding mpesa services to my shoe business, if i get this loan , the whole amount will be used as float since i have already organized with a dealer about the till , This business is profitable and will be an added advantage to my current business since i do not have to get another shop, The other advantage is since my shop is just along the front face and that way will bring even more customers to my shoe business.I am hopping to be getting an extra 50$ to 150$ per month depending with the services if i successfully start the mpesa services.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

May 15, 2015

Repayment status

On Time

Projected term

6 months

Lenders

G

GalantnostS

Hong Kong, Hong Kong

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

DeanDropshot

Oslo, Norway

KyRoamer

Louisville, Kentucky, United States

Zidisha

Sterling, United States

A

ashtanga99

Newport, United States

BJ

Brandon Joz

North Carolina, United States

F

farwest

Alamo, United States

J

jzidi

Los Angeles, United States

Jouni

Finland

ads68

Melbourne, Australia

chadgibbs

Loveliest Village, United States

fairspirit

Utrecht, Netherlands

Argyris

Los Angeles, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

D

DogFort1

Sydney, Australia

E

E

Marin county, United States

Z

zvrk2014

Brookline, MA, United States

Matching Fund

Sterling, United States

Romojo

Paraparaumu, New Zealand

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

B

blambert

United States

I

idris

United States

A

adamdreaming

United States

KM

Kirsty M

United Kingdom

MZ

Matt Zirwas

United States

MW

Matt Willis

United States

B

Beth

United States

YM

Yelka Mikolji

United States

C

calvin

Australia

Ask Susan 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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