Name
John
Member since
March 2014
On-time repayments
130 installments • 13%
John Nandwa was born in 1980 and the lastborn in a family of four. I went to Emutetemo primary school and did my form four in Jemovo high school. I set up a small bisiness that deals in mobile accessories, M-pesa and Airtel money. This was as a result of after I was left home to stay with my parents who faced financial restrains. I was to wake up to the call.
I operate a mobile accessories shop among other like M-pesa and Airtel Money. I have two outlets (branches) that deal with the same as expanding my bounderies.
I buy Phones on wholesale @ kes.2000 and sell at retail price of Kes.3500. Phone battries @300 and sell @700. On Airtel money a transaction of 0.5 Million earns me a commission of Kes. 10,000. M-pesa transaction of Kes. 2Million earns me a commission of Kes.25000 per month. I want to use this second Loan to expand my area of operation. As the first one was a step forward to achiving my dream. Thanks to zidisha.
Hi lenders I am pleased to inform I amthat finally the first loan you gave me has improved the face of my business and my life personally. I am back again to request for a second loan. This time around I target to increase my Mpesa float and buy more phones for sale at approximately 300 dollars the remaining amount will use to buy phones for sale which will be valued at about 150 dollars. This will in return yield 290 dollars for phones and about 450 dollars for mpesa transactions as commision earned.
I want to say thank you in advance as you fund my loan.
long live zidisha family.
Positive
1
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$444.00
Date disbursed
Jun 24, 2014
Repayment status
On Time
Projected term
5 months
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