Expanding my m-pesa bussiness

Emily

Rongai, Nakuru, Kenya

100% repaid

Entrepreneur

Name

Emily

Member since

May 2015

On-time repayments

98 installments  •  65%

About Me

I am Emily Seroney, born and brought up in Kware, Rongai in Nakuru county. I went through the Primary and secondary level successfully. I later did the Accounting Courses where I graduated and since I could not be employed I started my own business( a hotel). My business did so well and I hired three people who assisted me in this business. I managed to buy a plot with the profits I made from it.
I have two children both are still in lower primary, first born is in class 4 and the other in nursery school. I am so impressed by what they would like to be in future, one is Engineering and the other a doctor. I make sure they get all what they need for their education so that they can achieve their dreams.

My Business

I later came to be employed in Rongai Rural Sacco as an Accountant therefore I decided to quit the catering department and engage in the Mpesa business which would also rhyme with my area of specialization. I have hired one person to assist me run it as I monitor it daily. This business has seen me develop my plot as well as farming and also paying for fees.

Loan Proposal

I want to expand my second M-pesa in my rural centre. Thus the loan I will get will be used to buy more stationery like Exercise books, pens, envelopes and refreshments like sodas and cakes. Already I have a photocopier in place where I normally photocopy exams because my business is a few metres from Kapkwen Kware Primary and secondary school.
i intend to hire a second worker because work is increasing. I also plan to buy 2 more computers with the earnings I will get from this business.
The profit I received from my first business as at 31st Aug 2016 was Ksh. 80,020. I intend to increase this figure after I buy refreshments for my customers. This is one way of bringing more customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.00

Date disbursed

Sep 30, 2016

Repayment status

On Time

Projected term

10 months

Lenders

T

Tmann

Los Angeles, United States

ErikN

Stockholm, Sweden

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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