Buying lines

Kevin

Luanda, Kenya

100% repaid

Entrepreneur

Name

Kevin

Member since

December 2016

On-time repayments

6 installments  •  50%

About Me

I passed through hell . I never went to school at all am an orphan and I used to stay with my step mother who was much harsh on me, In my mind I wanted to engage my self in money generating activity but starting was a problem since I had no money to start over . In the process of money, I engaged myself in charcoal burning. after doing this for a while, I managed to raised some little capital which enable me start an MPESA business. After a short while I got a shop in Luanda town and I moved there. One unique thing about this land is that most of people don't own large pieces of land and this makes the town more busy because everything is got in the town. I like traveling very much exploring the new areas.

My Business

I deal in Mpesa business, and the services includes deposits, withdrawals, sim swap. line registration, airtime and jewelries for ladies etc. Each and everyone needs money like everyday and so my business provides people with money any time they want . I admired my Aunt who was engaging in this kind of business and its the same business that made her own a pickup vehicle so one day one time I also want to be like her. My typical cost is arround 12000 Ksh a month and my revenue is at 4000 Ksh. I re-invest my profit in the business and some I help the needy people who are around me.

Loan Proposal

If I get the loan I will use to buy lines each lines cost 30 Ksh. This is the season of selling lines most students are at home and they need these lines so much. This will increase my sells hence increase in profit.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Dec 23, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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