Entrepreneur
Name
Catherine
Member since
May 2013
On-time repayments
65 installments • 11%
About Me
Am single mother.Am blessed with son who is now 3yrs old.And too I leave with my parents.
By profession, I studied a business course (Business Management).I normally work very hard to ensure to that meet both ends meet in terms my needs and also for my son. My son and I leave in buruburu phase two. When you are main stage to or from town, on the left hand side, there is small tent with advertisement of coca cola. The route that is tarmac which is that just like 10m from the tent is for Buruburu .I leave about 200m from the route and as you walkthrough the road in a bout about 150m,you find a wide building and the painted red and written Airtel all over.As soon as that the building end there is a long building of a four storey building. the building is just one and its called SAFINA PLAZA and that’s where we have left for over 7yrs,floor no 2 and room no 012.
With the proceeds I derive I normally try to my best and expand my businesses. My business is an Mpesa.i started offering Mpesa service since 2012 and now I have two outlets which are performing very well. With the proceeds I derived from the initial Mpesa I it assisted me open another Mpesa which is currently 3months in operation.
I TRULLY OPE THAT ZIDISHA WILL HELP ME SO AS I EXPAND MY BUSINESS
My Business
Before I started the business, I was initially working with target network limited as a sales lady. the worked very hard as I was getting a basic rate salary of ksh.5000 and now what will deter most is your sales commission prompting you work very hard.
I started the business as an mpesa and I normally do services like deposit of money withdrawals and registering of new customers for Mpesa users. Also I sell credit cards and replacing of simcards for the lost ones.
It took me over some time before I decided in buruburu because I was actually looking for strategic place that could attract more customers.
There are several challenges that we normally face to as Mpesa operators e.g. Being robbed or those who pretend they are working with safaricom and try a way of stealing from either the float or cash or also both.
I always avail everything in the shop to ensure that my customer needs are adhered. In employed young lady in the new store and that are the most expense I incur in terms of payment inclusive of rent and the normal expenses.
Mpesa is easy to operate is there is no maintenance its only cash which really is a challenge and it really needs a lot of cash for one to run smoothly.
My monthly expenses go around ksh.8000-12000.and my commissions range from ksh.30000-40000
As far as the daily number of transactions are concerned.
Loan Proposal
First, i would like to thank the Zidisha organization for the greatest opportunity they have offered me.The loan will surely be of great help to me as it will assist me increase the float of the Mpesa.I recently opened a new store within the area and since the population within the area is very high i normally serve over 100 customers daily.i will therefore increase the float for the new store which will eventually increase the commissions at the end of the month.
With golden opportunity i have accessed from Zidisha am overwhelmed that my business will now grow and i will achieve my goals.
For all the lenders i will be very grateful and God will bless you abundantly.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 5, 2013
Repayment status
On Time
Projected term
6 months
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