41 weekly installments • 100%
My Name is Daniel Obudho, i am a graduate of Economics and sociology. I left employment in 2014. Started very small in business, little capital and support from family. Its not been easy, persistence has kept me going. Due to low funds and bad choices my business has gone through a lot of storms and still stood. i have learnt to be master of all, i diversify a lot.
i have M-pesa, Equity and Family agency, at the end of the month the agency pay me commissions, i diversify a lot, i have a photocopy machine, a have 5 computers that i use for cyber purposes and i also sell pop corn in my shop. i am situated next to a clinic i plan to stock items such us pampers and item that can be bought by expecting mothers , also want to add cooperative agency. I have employed 3 persons plus my wife. My First born is to join form one next year
Want to construct shelves for stocking items like Pampers, Photocopy Rims and packaging bags. An additional staff will be required. My business income will increase since because of further diversification of my sales items.
This new business that i intend to do will be an additional business, my major business which is photocopy will help me in clearing the loan while the new Pampas business grows and gets noticed as i market it.
Oct 1, 2020
Cost to entrepreneur
Service fee: 10% of $13.12 = $1.27
Credit risk payment: $0.89