Working capital for mobile phone payment service center

Dan

Utawala, Kenya

100% repaid

Entrepreneur

Name

Dan

Member since

February 2016

On-time repayments

100 installments  •  84%

About Me

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My Business

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Loan Proposal

I would like to add my MPESA float to at least KES 35,000. I also wish to stock my shop with airtime and phone accessories to supplement the MPESA business. Both these are strategies that will help me retain my customers. I will not only be able to handle more customer transactions, but I will also have more customers coming to purchase airtime and phone accessories.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$222.00

Date disbursed

Apr 25, 2016

Repayment status

On Time

Projected term

27 months

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  • Dan    Apr 6, 2018

    I really appreciate you, my lenders for supporting me in my previous loan request. Despite the challenges I had, there were so many lessons I got to learn from the same, and I believe am now a better entrepreneur

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  • Dan    Jan 31, 2018

    Dear lenders,
    Thank you for your support and patience for the period I have been paying my previous loan. I had a few challenges with my business and at some point it was closed down. Thankfully, I've finally managed to pay off the last installment. Am looking forward to applying for another loan soon for a new business idea that I am thinking of and counting on you once again. Regards

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  • Evans    Dec 9, 2017

    Dear Lenders,
    Dan will make some payment today 9/12/2017

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  • Dan    Sep 13, 2017

    Hi, I would like to reduce my installment amount due to a few financial needs this month that have led to the adjustment of my budget. I will raise the amount once I have readjusted. Thank you

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  • Gladys Nyawira    Jul 31, 2017

    Hey Lenders.

    This morning I talked to Dan about the past due instalment and he promised to repay this week.

    Kind Regards,

    Karen Gladys.

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  • Evans    Jan 21, 2017

    Dear Lenders,
    Dan will pay the balance on 28/01/2017

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  • Dan    Aug 15, 2016

    For the last few weeks I have been having a few financial challenges. I therefore wish to reduce my installment amount. I hope to increase it back up once I stabilize. Thanks

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  • Dan    Apr 26, 2016

    Dear lenders,
    Thank you for your support. I would like to acknowledge that I have received the loan I requested. I am thus able to add to my M-PESA float to increase the transactions. Thank you so much for your support.

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  • Dan    Apr 19, 2016

    Hi Lenders! I am unable to fully express my gratitude for your kind gesture in funding my loan. I am now confident that my business will proceed without a hitch. I will keep you posted on the same :).

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  • Matt B    Apr 16, 2016

    Dan - good luck with your business. Regards, Matt in England.

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    • Dan    Apr 16, 2016

      Thanks Matt, for your encouragement and support. God bless you

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  • Dan    Apr 13, 2016

    I am thankful that the last loan enabled me to start my business. The business is doing well with an initial float of KES 20,000. I intend to apply for another loan to add to my float and buy phone accessories and airtime to supplement the MPESA business

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  • Dan    Apr 6, 2016

    I have gotten enough cash to clear the loan, and would like another loan to expand my business

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  • Dan    Feb 18, 2016

    Hi Lenders! I really want to appreciate you for your support. I received the loan, and am glad that am ready to use it to boost my business. This week has been a rather tricky one as I lost a very close friend, and hence very much engrossed in the funeral plans, hence my late response. Once again I appreciate you for your support... I will keep you updated on the progress.

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