Adding my mpesa capital

Alice Njeri

Mombasa, Kenya

64% repaid

Entrepreneur

Name

Alice Njeri

Member since

February 2015

On-time repayments

212 installments  •  64%

About Me

My name is Alice, a mother of one child and a businesswoman doing business in Mombasa city. I was brought up in a farming community but I always had a desire to move into urban areas and that is what I did immediately after my secondary school.

With the help of my husband, I started selling second hand clothes since this was the ‘in-thing’ then. I am still doing this clothes business but I recently started selling music as well so as to maximize the usage of my business space and make more income.

I believe in hard work and I am very determined to expand my business to become a big store in future and turn it into a family business where my children will also be working.

My Business

I run three businesses under one roof, i.e. selling of second hand clothes selling music CDs and Mpesa business . I started with the former but I later realized that there is a huge market for music – both audio and video. This is the second year into my music business and it looks very promising.
I generate about 80% of my income from the clothes department and it is the one I want to strengthen with this loan. I need to stock many and different types of clothes for me retain and win new customers. The demand for this is always higher than what I can cope with in terms of finances. I normally depend of the income that I get from the business to buy new stock and occasionally get assistance from my husband but this is very rare.

Given affordable credit, the business has potential to grow much bigger and that is reason I have joined Zidisha and I hope to join the growth curve now.

Loan Proposal

I will reinvest the loan amount in the business by Adding my Mpesa(mobile money transfer) capital which is a very big business here in kenya .This will help me in quickly raise school fees for my children, My clients will be able to access the service of money transfer more so those who buy my other goods from my shop at any given time.I believe when I get this loan facility from you its going to boost my business and also am going to be in a position to employ one person to help me operate the shop thus creating an employment opportunity.Given this amount of $360 i wil invest the whole amount in raising the mpesa capital.The total expected profit from this is $70 per month which I will use to pay back and reinvest in the business for more profit

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$369.44

Date disbursed

Oct 9, 2016

Repayment status

Late

Projected term

31 months

Cost to entrepreneur

Service fee: $15.21

Lenders

G

GalantnostS

Hong Kong, Hong Kong

W

WilsonLending

Atlanta, United States

investor

Candiac, Canada

J

johan

Oslo, Norway

O

Oliver

Geneva, Switzerland

ErikN

Stockholm, Sweden

Kjartan

Oslo, Norway

K

k9rich

Bay Shore, United States

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

J

Jessica

Patagonia, Argentina

BJ

Brandon Joz

North Carolina, United States

Aggul

London, United Kingdom

T

thejacobnorton

Jubail, Saudi Arabia

A

AlexCheng

Seattle, United States

dajawein

Gladstone, Australia

M

missjoyy

Munich, Germany

J

j12345

Durham, United States

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

C

CarrotTop

Bangor, United States

J

jzidi

Los Angeles, United States

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

V

Va_Ce_Jo

Egham, United Kingdom

A

argos

Zurich, Switzerland

Maartje

Hinteregg, Switzerland

W

wildnis

Seattle, United States

L

leniwiec

Poznan, Poland

ads68

Melbourne, Australia

A

Andy

Berlin, United States

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

calvero

Bergen, Norway

Winona

Yakima, United States

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

W

WenShiDi

mobile, China

O

ommthree

Egg, Switzerland

Zal0m0n

Atlantis!!!! x), Mauritania

Rena121

Sydney, Australia

F

Forfex

Zurich, Switzerland

JFais

Atlanta, United States

N

NickLuder

London, United Kingdom

L

LenoMetus

Perth, Australia

JonB

London, United Kingdom

Mrdressup

Brisbane, Australia

Z

zangalan

Maryland, United States

xtrahardware

Cazenovia, United States

Z

zidishan

Trifouillis, France

E

E

Marin county, United States

S

sgunnink

Utrecht, Netherlands

M

Margi

Littleton, United States

iggwag

Kilifi, Kenya

Evan Lamos

Brussels, Belgium

A

akshu71

Ottawa, Canada

L

liseman

United States

pvilliger

Zurich, Switzerland

OP

Old People

Corona Del Mar, United States

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

O

osubucks45

United States

DavidHS

United Kingdom

Pomaikai

Jersey City, United States

S

stuartxyz

Denver, Colorado, United States

M

merk85

United States

E

EKuras

United States

S

sarah4d2

Saint Louis, United States

larry

Sweden

C

charleen

United States

J

jbhernan

United States

M

mjgoldsmith

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

Grant Xavier Storer

Seattle, Wa, United States

A

aajmp

United States

S

SCHAC

Switzerland

Bryan

Houston, United States

EightRiversCapital

Stamford, Ct, United States

G

GEMMGMT

United States

Kyle Hoback

Omaha, United States

R

rchissom

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

KM

KHS Microfinance

Tampa, United States

Haim Si

Mexico, Mexico

A

Aaron

United States

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

SL

Samuel Le

Seattle, WA, United States

AL

Amy Luo

United States

MZ

Matt Zirwas

United States

Mark

Nijmegen, Netherlands

MW

Matt Willis

United States

JD

Jo Dane

Melbourne, Australia

The Gusty Tree

Sacramento, United States

Dean Cress

United States

KL

Kevin Law

United States

Kevin

San Francisco, United States

JC

JD Conley

United States

TB

Taylor Brown

United States

BS

Bruno Silva

United States

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

PG

Paul Graham

United States

JM

john meserve

United States

Kavitha Amarnath

Sydney, Australia

N

Nick

United States

wissam

Jeddah, Saudi Arabia

Joe Lamantia

Reston, Virginia, United States

R

rzb

Germany

A

Andrei

United States

A

Adam

United Kingdom

Thomas

Sweden, Sweden

Strong

Netherlands

P

Patrick

Australia

V

Vidar

Oslo, Norway

NE

Nikka Eliza Morales

Talisay City, Cebu, Philippines

HPK

Switzerland, Switzerland

K

Kenny

United States

SS

Steve Smith

Winchester, Ma, United States

Myria

New Mexico, United States

C

Carlene

United States

Jes-c

United States

B

Brett

Australia

RG

Ravi Gadad

United States

Zack Stein

United States

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

L

Linn

United Kingdom

Sinan Taifour

Munich, Germany, Germany

Laurent Magniez

Annecy, France

DF

D F

United States

J

Jon

United States

cchhrriiss

Munich, Germany

LR

Laetitia Rocha

United Kingdom

Craig Newmark

United States

H

Hans

Czech Republic

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

M

MC

Canada

Thomas Naimoli

United States

Day Family

Melbourne, Australia

SA

Sam Alan

United States

A

Ari

United Kingdom

KA

Kate Aracri

United States

AA

Andy Assareh

United States

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

V

VJ

Canberra, Australia

Simon

Perth, Australia

PC

Peter Cordier

United States

MB

Mimi Botkin

United States

A

Anonymous

United States

HCPSPIRIT

Helsinki, Finland

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

Bo Rosén

Eslöv, Sweden

A

Anonymous

United States

EC

Edward Conrads

San Francisco, United States

R

Raffins

United States

TB

Tim Barrett

United States

JU

jeremy upsal

United States

DH

D hollingworth

United Kingdom

E

eleni

United Kingdom

BF

Bjorn Farmer

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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