Funds to increased the mobile accessories

Geoffrey Kizenge

Nakuru Town, Kenya

Funds disbursed

$0 to go

100% funded of $550 goal

0

days left

Entrepreneur

Name

Geoffrey Kizenge

Member since

February 2017

On-time repayments

48 installments  •  54%

About Me

I was born in 1980 in a family of five, two boys and three girls. My home county is in Bungoma County in western part of Kenya. Bungoma County is the only county in Kenya which is known for forced male circumcision to those who are uncircumcised and have attained that age during circumcision period. I was enrolled in Bunyore primary school for my pre- unit studies in the year 1984 completed the two years early studies and proceeded to Bunyore primary school for eight years studies in 1986. I sat for my class eight last examination in the year 1993 and passed with flying colors and was hopeful to joined good secondary but due to financial problems that was the end of my education. After along time of struggling to make the ends meet by doing odd jobs and casual work in order to support my family and siblings education. I was lucky to be called by my uncle to Nakuru town to look for greener pastures in the year 2006. Getting job in Nakuru becomes very difficult for a school dropout like me since, everywhere I visited for job opportunity I was asked about my career’s papers. I therefore requested a small capital from friends and my uncle which enabled me to start my M-pesa mobile money transactions Shop business. I started this business with a capital of $200 in the year 2007 and the business has expanded and it’s now the source of my livelihoods to date. This small business has also supported my computer part time studies and I’m looking forward to go further ahead and studies business management course. I chose to locate my business at Nakuru town center after some research and finding that there were very many potential customers overcrowding the few available M-pesa mobile money transactions shops. I am now married with two kids and all my kids would like to be business person in future. I like traveling, swimming and watching football matches in my free time.

My Business

My business is M-pesa mobile money services. Its entails, offering of mobile money transfer transactions, selling of mobile accessories, scratch cards, stationery, internet services, photocopy, and lamination, typesetting and scanning of papers. The business is approximately giving me an average of $40(4000.00KES) to $50(5000.00KES) net profit every day. This business has been the sole source of my income which pays all my playbills, and supporting the education of my family and all siblings. I have also been able to set aside some savings for future expansion.

Loan Proposal

This loan would enable me increased the Mobile accessories for my business shop, hence increased the revenue collection and the profit. At the moment my business is giving me an average profits of 2000 per week.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$550.50

Date disbursed

Jan 28, 2019

Repayment status

Late

Projected term

6 weeks

Cost to entrepreneur

Service fee: $23.19

Credit risk payment: $139.17

Lenders

S

SelvaMarcus

Green Cove Springs, United States

A

Andy

Berlin, United States

Sheena47

Ottawa, Canada

Patrick

Berlin, Germany

2

2Samuel22

Clarksville, United States

numbat

Perth, Australia

J

Joannie333

Milwaukee, United States

A

asmoris

Toronto, Canada

F

fredrikahl

Stockholm, Sweden

W

WenShiDi

mobile, China

A

andreashr

Oslo, Norway

Bill2073

Florida, United States

C

Colmena

Chicago, United States

paulclinton

malaga, Spain

L

LongTallSallymander

Menomonee Falls, United States

P

Paleomagick

Eldred, United States

Rena121

Sydney, Australia

FriendinOregon

Hillsboro, Oregon, United States

soniad

Dubai, United Arab Emirates

S

serenity

Amman, Jordan

R

RutgersStudent

New Brunswick, United States

MarshFamilyUK

Canterbury, United Kingdom

D

Draka

South park, United States

N

nglogic

Warszawa, Poland

C

christopherttran

Toronto, Canada

somuchjackson

Boston, United States

H

Hal86

Sava, Italy

R

rosebo

Bend, United States

Parkmobile

Fort Bragg, United States

G

Gdrvasc

Frederick, United States

A

andy.gayton

San Francisco, United States

M

markus61

cologne, Germany

S

svt19

Toronto, Canada

I

ingredion00

Indianapolis, United States

M

mibrahim51

Mountain View, United States

J

JudoGlenn

North Olmsted, United States

G

GreenMoney

Lahr, Germany

S

SanderBeckers

Brussel, Belgium

C

cktsai

United States

L

liseman

United States

N

nguyenlapq

United States

B

bgordon

United States

E

elhh82

Petaling Jaya, Malaysia

J

jake7705

Wilsonville, United States

P

payette

Ottawa, Canada

P

Peaches

United States

R

RJonR

United States

raychieng

Sibu, Malaysia

S

stevemorin

United States

R

richardbrewster

United Kingdom

B

BornHappy

United States

Bigbenhoward

Boise, United States

smastermind

Jerusalem, Israel

H

harry159

United States

E

expatri

United States

C

cruzerio

Indonesia

A

avital

United States

SuperMario28

Cudahy, United States

Kristin Rhodes

Kansas City, Kansas, United States

Eugen Stamm

Zurich, Switzerland

Paul Buchheit

Mountain View, United States

J

Johanna

Zürich, Austria

Ask Geoffrey a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...