Float for mobile money services

Benson Aketch

Busia, Kenya

100% repaid

Entrepreneur

Name

Benson Aketch

Member since

March 2017

On-time repayments

31 installments  •  55%

About Me

Hi,I'm Benson wanzala from busia kenya,I was brought up from a humble background by a single parent "mother", enjoying basic commodities was our biggest dream ,life was full of struggling but one thing that I always thank our mother is, she used to encourage us to be focused and determine." focus and determination "helped to see myself through highschool and start my own business.

My Business

I deal with mobile phones, Mobile accessories, electrical materials, electronicsetc,the business is in a very strategic place and with enough capital, it can leave heads rolling.I chose this kind of business because, most of the goods I provide are imperishable hence loss is low,the location also contributed in desiding these kind of business,the profit I receive from my business,hep in paying for my bills

Loan Proposal

It will boost the rate of services offered in my mpesa business,hence, the commission increases.customers will get their deposit and withdrawals efficiently.mobile money business is all about float(cash),the larger amount of cash as capital, the higher the rate of operations and that determines the commission at the end of the month

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.21

Date disbursed

Apr 20, 2017

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Service fee: $0.27

Lenders

N

Nicole

Pittsburgh, United States

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