Entrepreneur

About Me

I am a 23 year old Kenyan Citizen from Makongeni Phase 10, Thika, Central Province. I am the second born in a family of three. I come from a single parent, my mother. My sister Susan, is the first born and currently a hair stylist, my brother Mike is the last born and is in Class seven in Gatumaini Primary School.
I hold a Diploma in Business Administration from Thika Technical Institute. I cleared last year (2012) and currently working in Mathai Hostels as an assistant administrator.
Before securing this job as an assistant administrator, immediately after clearing my Diploma, I ventured into business. Equity Bank had just come up with Equity Bank Agents which were more like M-pesa in Safaricom. Equity bank had brought banking services to the locals in that one could do major transcations like checking balances, withdrawing and depositing cash from the agents. I talked to my mother to give me Ksh. 50,000 to st up the business, Ksh. 30,000 to act as float for my agent and 10,000 to acquire the license and other credentials. The rest 10,000 was to rent a shop.
I started operations in September 2012 and since that day up to today, I have even refunded back the "loan" my mother gave me and actually moved out of her house to go and start a life out there as a man on my own.
After securing the job at Mathai Hostels, I employed one person who I pay Ksh. 10,000 a month. Through my business and the one I am in as an assistant administrator, I have been in a position to do a lot with just an idea that anyone would have implemented and worked on it.

My Business

I own Kevin's Equity Agent and also I am an assistant administrator at Mathai Hostels.
The equity bank agent acts as a small branch of equity bank in remote areas or even in estates here in Kenya. equity bank is one of the leading banks in Kenya.
My Equity Agent is located near Mount Kenya University, just a few metres from the gate. My target market are mostly the students from the insitution. Many hostels around use Equity Bank as their preferred bank, hence students are mostly advised to either pay their school fees or hostel fees via Equity Bank. For the students that probably forgot to pay while in Thika town or from their homes, they opt to come to my agent. I offer fast and reliable services and the employee I have has even gone to seminars and workshops about Equity Agents, hence she is efficient and reliable.
Within a month, I get a profit of between Ksh. 15,000 to 20,000 minimum.
Apart from the Equity Agent, the work under Mathai Hostels also gives me some good amount of cash, hence with Zidisha, I will be at ease to pay back my loan faster and on time without even having to get my Volunteer Mentor Mr. Paul Kamande to remind me to do so.

Loan Proposal

Hopefully by Friday this week upon receiving the loan granted by you Zidisha lenders,I will use it in the following criteria:
Ksh. 3500, to make repairs of the shop and purchase paint and other necessities to upgrade the shop as I plan to incorporate M-pesa. I will purchase the Hopefully by Friday this week upon receiving the loan granted by you Zidisha lenders,I will use it in the following criteria:
Ksh. 3500, to make repairs of the shop and purchase paint and other necessities to upgrade the shop as I plan to incorporate M-pesa. I will purchase the

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