Hello lenders, my loan will be used to boost my business on side of m-pesa floats and buying phones accessories
Peter
Nakuru,kenland, Kenya
100% repaid
Entrepreneur
Name
Peter
Member since
February 2014
On-time repayments
79 installments • 52%
About Me
I am peter matara Kimother born in Molo Nakuru county at a village called Tayari,my parents still lives at the same village where I was born,I am a form4 school leaver and I am also a mobile repair and a business man in Nakuru where I personally live.
I am still single not yet marriage, I was born in 1986 June on 22nd. my passion is on business and I have an Mpesa shop at kenlands just opposite Denis club,I also do mobile repair at the same place as well selling of cooking gas.
I started a business 2 yrs ago and I started to help achieve my bright future and also to help my siblings who need my support since my parents are actually getting very old and my younger brothers needs the support.
I am so much passionate about my work or business I do and I want to be one of the best and prominent business men in Nakuru town.
My Business
I started my business 2yrs ago and I started as a mobile repair only and later I saw a need to add accessories to go along with it, after seeing many customers started to know me and coming to my shop, I thought of what else can this community need and is not there, I thought of an Mpesa and cooking Gas, I asked one friend of mine to loan me some cash without telling him where i am taking the cash, , I borrowed him 20,000kshs which I invested in Mpesa and later I added cooking gas, so my business deals with Mobile repair,Mobiles accessories, cooking gas and Mpesa.
Now the main challenge I face is my stock in down especially on mobile accessories and Mpesa which I need boost that's why I am decided to join zidisha to help me fulfill my life vision and passion.
my total expenditure per month is 13,500,ksh which covers the rent for business premises and bills. my profit ranges between ksh6,500ksh and 8,000ksh of which I feel is a nice profit, I believe upon adding more stock will attract more customers to my shop since they now not l luck anything when they come at my shop, they will find all my services available at their comfort, as per now the competition is very high and I need to stock my business so that to accommodate the needs of my customers so they may not luck anything at all whenever they visit they get all things they need.
the loan I am asking will help me meet this needs and through my income revenue from my business, I will be able to pay back in due time as needed.
I there for ask for the support of lenders to meet my dream and make it come true.
Loan Proposal
My loan will be used to purchase phone accessories and adding M-pesa float, as per high demand of the customers especially on M-pesa , I believe it will create more impact on the customers who comes for M-pesa transaction services.
each month I make a profit of 9 000kshs from Mpesa only and from the accessories and repair I make more benefit of ksh11000 a month which helps sustaining my business.
the reason why I applied for this loan is because I need to add Mpesa float as well phone accessories so that I don't miss any customer that comes my way,
when I have all my customers need I will be able to serve them comfortably without any worry. this is why I am requesting support from lenders.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$141.00
Date disbursed
Feb 25, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Lahr, Germany
Malaysia
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