Osoro

Olvine Nakuru County, Kenya

100% repaid

Entrepreneur

Name

Osoro

Member since

April 2013

On-time repayments

16 installments  •  56%

About Me

I am Osoro Samson Married and blessed with two children.
My family stays at kisii with my little sisters and brothers,I am the last born in my family.after I completed My form four I did acounts .The year 2011 I managed to get an M-Pesa agent line and started a small m-pesa shop to keep myself busy as well invest for my two son's future.
Since I started this business it has helped me .from the profit I have bought my self two cows for milk now planning to advance my business this year and start selling mobile accessories.

My Business

My business name is SIBLEE COMMUNICATIONS MPESA is stuated along racecourse KIAMUNYI ROAD,my business deals with exchange of money and phone charging and phone accesories.My business is very "small" since I am operating with a very small money that is in terms of float and cash as compered to customers that I do serve per day.less say if i get some customers with withdrawals i wont serve next customers who want to withdraw their cash unless deposit only, so here I found loosing customers to my competitors where by I have many customers since I work 24hrs hence making more competitors.
My business do manage to pay all revenues hence save less money from my profit.
Now i could wish if i can get ksh 50000 i will use kshs 20,000 to buy phone accessories as well use the lest as my cash and the lest as my float.this will make me pay back my loan .

Loan Proposal

As soon as I will receive the money I will buy more stock of phone accessories in plenty from where I know is cheaper when you buy it in bulk hence the remaining cash I will add to my operational float of M-pesa.from accessories I will get more profit which will enable me to pay back the loan.
I belief from this loan will enable me to boost my business from this Zidisha loan .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 19, 2013

Repayment status

On Time

Projected term

3 months

Lenders

V

vidarlil

Sandefjord, Norway

Silver

Steiermark, Austria

A

anonymus

Moon, United States

B

Bavarian

Bavaria, Germany

andreasol

Bielefeld, Germany

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