I will increase the mpesa float

Judith

Githurai Progressive, Kenya

22% repaid

Entrepreneur

Name

Judith

Member since

January 2014

On-time repayments

9 installments  •  22%

About Me

I am the last born in a family of 4 and I have successfully completed diploma in sales and marketing.

I am single and reside at Githurai Progressive. I run and manage my own business which is based in Githurai. I have also employed a young lady to assist in the management of the business. My business involves selling of phone accessories, phone repair and offering mpesa services.

I started this business from capital given by my parents and this was after I looked for a job for over 5 months and then decided to utilize my skills which I acquired in college and now am happy for the decision I made because am in position to offset my month expenses, repaid my parents the capital which they gave me to start the business and also am saving some money every month so that I can expand my business.

My Business

My business has been in operation for the last two years and it is based in Githurai Progressive. My business involves selling phone accessories, phone repair and mpesa services. I have hired a young lady to assist in the repair of the phones.

My business is a male dominated industry but I have successfully managed to compete with them thus I have established good customer base because of good customer relations, excellent phone repair skills and trustworthy. I intend to expand my business by increasing the cash float for mpesa and buying few phone repair machines and also new phone accessories because I have been experiencing shortage in float and phone accessories thus through your gradually support I will be in position to expand my business by having good stock and also establishing a franchise in another another upcoming town in Kenya like Busia and Wajir, this is because of the devolved systems of government.

Loan Proposal

My business is located in a central point of my community thus most of the local people who wants to access Mpesa services and phone issues usually visit my business and also because it is being operated by women despite being male dominated affairs like phone repair but we do also have good customer relation services. With the Zidisha loan I intend to increase my Mpesa float by Kshs 6000 while the Kshs 2500 will be used to purchase phone casings while kshs 3500 will be used to purchase phone battery. This will satisfy customers demand thus increasing my revenue hence being in position to achieve my goal of dominating the local industry.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 25, 2014

Repayment status

Late

Projected term

2 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

LA

United States

L

Lemon

Switzerland, Switzerland

B

Bavarian

Bavaria, Germany

joaoferraz

RINCHOA, Portugal

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

T

thebonseung

Republic of Korea

D

Daisy

Netherlands

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  • Judith    Feb 27, 2014

    Hi Zidisha Lenders,

    Am grateful for the loan and I have increased my Mpesa float and also bought phone accessories thus am in position to serve more clients. I will keep you posted on the progress. Thanks

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  • Judith    Feb 21, 2014

    Hi Zidisha lenders,

    safaricom is the most profitable company in east africa thus investing in it's product like mpesa the profits always tickle down to small business like us thus I kindly request you to consider donating towards my loan because their is gurantee of high profit but also how much you earn depends on the capital invested thus kindly invest in my business by contributing towards my loan. Thanks all

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  • Judith    Feb 20, 2014

    Hi Zidisha Lenders,

    Am very grateful for the lenders who have shown interest to invest in my business and I request more lenders to contribute towards my loan. The nature of my business is always in demand thus generating revenue is guranteed but how much depends on the float thus with this Zidisha loan, I will purchase more Mpesa float thus serving more customers hence more revenue.

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