Boost my mpesa float

Jescah

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jescah

Member since

November 2017

On-time repayments

32 installments  •  88%

About Me

Am jescah ashiali, I come from butere Mumias, am am 32 years old married with 2 kids, I attended primary and secondary school in upcountry, I wasn't lucky enough to attend college to further my studies, I later moved to Nairobi where I stayed with my sister, she helped to get a job on a retail shop where I earn kes 6000 per amount. I saved the little I would and also helped her with house bills, I worked at the shop for like 4 years then I met my husband, we got married then we were blessed with our first child, depending on my husband's salary wasn't enough, so we put our savings together and I decided to start an Mpesa shop where I also sell cheap phones.

My Business

I have an Mpesa shop, where I also sell cheap phones, airtime and also do simcard replacement for those who have lost their lines.
I started this business 4 years ago, 8n the beginning I was only dealing with Mpesa and airtime but I started in add more services as Time went by.
In a month I make a profit of KES 15000 after taking care of other expenses, I use my profits to take care of household bills and part of it to help pay school fees for my kids.

Loan Proposal

I would like to express my gratitude for past and future support, this loan will help me increase my Mpesa float as well as my replacement lines stock and recharge cards.
I will invest 50 dollars in my Mpesa float, this will ensure I don't run out of float to do deposits, I will invest 15 dollars in recharge cards, the recharge cards are are a hot commodity and a must have in my shop being able to increase my stock will guarantee high sales, finally I will invest 10 dollars in replacement lines, at times a customer may damage or lose his/her line, with replacement lines am able to replace the lost or damaged line for my customers to ensure he/she stays in touch with their loved ones.
I sincerely hope you will consider funding my loan to help me grow my business.
Thanks in advance and may God bless you.

Feedback

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1

  • Margaret    Dec 22, 2018

    It has been 5 months with no payment or communication. No payments have been made towards this large loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Mar 14, 2018

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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