Entrepreneur
Name
Ambrose Muthengi
Member since
August 2013
On-time repayments
67 installments • 6%
About Me
I am single and the third born of a family of four.as stated here above,i live in eldoret kapsoya estate
its found in plot no 325 house no 12.
When you are in Eldoret town,you take vehicles for kapsoya which is found in the main stage.
you highlight at kapsoya stage and on your opposite of the stage is a shop called Amani shop and the house which are behind the shop is the one i reside and i live in room no 12.
I own an M.pesa which is located at plot 10 in kapsoya .i venture din to the business after finishing my college pursuing business management and employment become become really hard.
From the proceeds i get i have applied for Kenya power machine which costs ksh.35000 to offer to services for electricity tokens for customers paying their electricity bill.
My Business
currently i run mpesa which is in a very strategic point as i serve over 80 customers daily .my commissions are the amounts which will be used to pay the loan.
also as i wait for electricity tokens from Kenya power that will also assist me pay the loan but none the less i get good commissions over the month.
With Mpesa i make deposits withdrawals and registering new subscribers.also,i sell safari-com credit cards and safari-com lines too.
My daily sales ranges from ksh.1000-2000 and commissions for the months comes to ks.25000 in total i actually get over ksh.35000 with both proceeds for lines,credits and mpesa.
Loan Proposal
I am so grateful for the far that zidisha has brought me in my business.now i have just acquired the Cooperative Bank agent which will be working in line with the mpesa.
I will use 80% of the loan in injecting the new cooperative agent and 20% for the mpesa.These will both increase my commissions abundantly just as the initial loan.
Thank you and God bless you Zidisha.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$307.00
Date disbursed
Dec 11, 2013
Repayment status
Late
Projected term
64 months
Other loans
Lenders
Tokyo, Japan
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