I will use the loan in purchasing printing and photocopying papers for ks,1500,ink refeelters for ks,1000 and also i wil...

Cosmos

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Cosmos

Member since

November 2013

On-time repayments

64 installments  •  8%

About Me

my names are Moses,i am the second born in a family of three.i am a diploma holder in business administration.i started up the business since employment here in kenya has been poor.
my business has a combination of a cyber cafe and an Mpesa.i make deposits,withdrawals,and registering new applicants for the mpesa
For the cyber,customers come and browse,make copies ,typesetting and printing too.
From these i am able to make good profits which will help me pay my loan.
i ope i will get assistance from zidisha micro finance.

My Business

As stated above,my business has a combination of a cyber cafe and an Mpesa.i make deposits,withdrawals,and registering new applicants for the mpesa
For the cyber,customers come and browse,make copies ,typesetting and printing too.
From these i am able to make good profits which will help me pay my loan.
MY MPESA generated about 1200 per day and my cyber about 1000 per day totalling ks,2200 which could yield an average of ks,66000-75000 per month.
my net profits after payment of bills come about ks,35000-40000.

Loan Proposal

Since these items are moving very faster i will also be using the proceeds to invest in the Mpesa before i make my weekly repayments.
Also i am so grateful for the opportunity which zidisha has accorded me in order to improve my business.I will really appreciate.
Thank you and God bless Zidisha.
Thank you and God bless Zidisha.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 28, 2014

Repayment status

On Time

Projected term

7 weeks

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  • John    May 6, 2014

    Dear Cosmos.
    am writing to you in regards to loan repayment since you have not made any repayment off late.what are your plans to pay loan?

    rgds
    john

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  • Cosmos    Mar 31, 2014

    DEAR LENDERS=
    i am writing to let you know that i will be reducing the amount for the first four weeks and there after increase the amount,these will enable me invest the loan loan before increasing the repayments.
    THANK YOU SO MUCH

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  • Cosmos    Mar 2, 2014

    Thank you all lenders for the support you accorded me.i am actually suppose to start payments today and due to the weekly payments i will slightly reduce the payments to ks,400.i will be making these to avoid quick repayments though i will finish the loan on time.
    THANK YOU SO MUCH
    THANK YOU SO MUCH

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  • Cosmos    Feb 7, 2014

    DEAR LENDERS=
    Thank you all lenders for the support you accorded me.i am actually suppose to start payments today and due to the weekly payments i will slightly reduce the payments to ks,400.i will be making these to avoid quick repayments though i will finish the loan on time.
    THANK YOU SO MUCH
    THANK YOU SO MUCH

    Log in to reply • Share


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