Business expansion of livestock and M-Pesa agency

Daniel Ajulu

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Daniel Ajulu

Location

Nairobi, Kenya

On-time repayments

41 weekly installments  •  100%

About Me

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.

My Business

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

Loan Proposal

Sold old machines that were expensive to maintain, need to replace the old machine with digitally faster one for efficient service to my clients and also prepare for schools reopening by addition of sales items for school; stationeries,

Income Source

I plan to repay the loan from sales and service proceeds from my shop. The business is an ongoing one and can easily afford to pay at least 3000 ksh weekly from the expanded and diversified sales proceeds

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$372.12

Date disbursed

Dec 24, 2020

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: 5% of $372.12 = $18.61

Credit risk payment: $44.65

Lenders

Laurie

Sry, Canada

mtnsailor

Harrisonburg, United States

R

roger

United Kingdom

jtreyes

United States

Richard

Shrewsbury, United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

Sinan Taifour

Munich, Germany, Germany

Ren

Minneapolis/StPaul, United States

M

Marama

Australia

Vratik Krocik

Prague, Czech Republic

JE

Joseph Edd

United States

BS

Brooke Schreier Ganz

Mill Valley, California, United States

AD

Andrew DiMuro

United States

MC

Martin Carmouze

Sterling, United States

T

TP

United States

WV

Wouter van Buizen

Amsterdam, Netherlands

J

Juhani

Helsinki, Finland

E

Ed

Colombia

A

Andy

United States

B

Berend

Netherlands

M

Mark

United Kingdom

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