Increase my mobile money transfer 'float'
Anthony
Mtwapa, Kenya
17% repaid
Entrepreneur
Name
Anthony
Member since
December 2014
On-time repayments
166 installments • 28%
About Me
My name is Anthony Wanyoike. Anthony was born in Limuru near Nairobi city which is the capital of Kenya. Limuru is a very cold place (by our standards!) and it is famed for quality tea production. I was born in a family of 6 and I am the first born. My 3 siblings are still in school while the other ones are working.
I went to school, both primary and secondary and later enrolled for a shipping course.
Limuru like other areas of Central Kenya is densely populated and my parents advised me to move to Mombasa to look for greener pastures while creating room for others at home. I came to Mombasa with hope of getting a shipping job but I did not succeed. However, I was lucky enough to secure a job at a mobile phone shop where I started earning a salary. I then started my own business where I sell mobile phone accessories.
I am still single but hoping to settle with a wife soon.
My Business
I was employed at a mobile shop for two years where I was earning a small salary and working for long hours. While working there, I gained crucial knowledge which would later help me in running my own business.
I started by opening a stall near a busy market and a small stock of phone accessories. With support from the client base that I had build in my previous job, I was able to rise fast and I now sell a wide variety of accessories such as batteries, covers, memory cards etc.
In spite of my success, challenges still abound, key among them lack of capital to keep up with the demands of my customers. The field of mobile phones changes rapidly and needs a good source for funds to cope with the change. This is the reason I have joined Zidisha with the hope of getting quick and reliable credit.
Loan Proposal
My business also deals with money transfer business called M-pesa. This is a very popular money transfer service and almost everybody in Kenya uses it for all kind of money transactions. I am an agent where I serve people from my small outlet here in town. The agents are required to deposit some money with the service provider (float) and customers can withdraw this money from the agent. Once the amount is depleted, the agent needs to deposit more money to continue with the business.
From the above arrangement, the more deposit you have the more clients you can serve. I am anticipating a rise in money transfer as we head to the end of the year and getting this money at this time will be timely.
Thank you.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$359.00
Date disbursed
Nov 18, 2015
Repayment status
Late
Projected term
29 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
United States
United States
United States
Ask Anthony a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$62.00
Amount remaining
$313.14
Expected completion
Apr 15, 2018
Status
Repaying late
Installment amount
$3.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 29, 2015 | $7.00 | Nov 27, 2015 | $7.00 |
| Dec 6, 2015 | $7.00 | Dec 7, 2015 | $7.00 |
| Dec 13, 2015 | $7.00 | Dec 14, 2015 | $7.00 |
| Dec 20, 2015 | $7.00 | Jan 6, 2016 | $7.00 |
| Dec 27, 2015 | $3.00 | Jan 27, 2016 | $3.00 |
| Jan 3, 2016 | $0.00 | ||
| Jan 10, 2016 | $0.00 | ||
| Jan 17, 2016 | $0.00 | ||
| Jan 24, 2016 | $0.00 | ||
| Jan 31, 2016 | $0.00 | ||
| Feb 7, 2016 | $3.00 | Feb 8, 2016 | $3.00 |
| Feb 14, 2016 | $3.00 | Feb 26, 2016 | $3.00 |
| Feb 21, 2016 | $3.00 | Mar 10, 2016 | $3.00 |
| Feb 28, 2016 | $3.00 | Mar 22, 2016 | $3.00 |
| Mar 6, 2016 | $3.00 | Mar 22, 2016 | $2.00 |
| Apr 19, 2016 | $1.00 | ||
| Mar 13, 2016 | $3.00 | May 2, 2016 | $2.00 |
| Oct 25, 2018 | $1.00 | ||
| Mar 20, 2016 | $3.00 | Nov 5, 2018 | $1.00 |
| Nov 20, 2018 | $1.00 | ||
| Dec 5, 2018 | $1.00 | ||
| Mar 27, 2016 | $3.00 | Jan 8, 2019 | $1.00 |
| Jan 24, 2019 | $1.00 | ||
| Jan 30, 2019 | $1.00 | ||
| Apr 3, 2016 | $3.00 | Feb 5, 2019 | $1.00 |
| Feb 8, 2019 | $1.00 | ||
| Feb 11, 2019 | $1.00 | ||
| Apr 10, 2016 | $3.00 | Feb 18, 2019 | $1.00 |
| Feb 21, 2019 | $1.00 | ||
| Feb 27, 2019 | $1.00 | ||
| Apr 17, 2016 | $3.00 | Mar 1, 2019 | $1.00 |
| Apr 24, 2016 | $3.00 | ||
| May 1, 2016 | $3.00 | ||
| May 8, 2016 | $3.00 | ||
| May 15, 2016 | $3.00 | ||
| May 22, 2016 | $3.00 | ||
| May 29, 2016 | $3.00 | ||
| Jun 5, 2016 | $3.00 | ||
| Jun 12, 2016 | $3.00 | ||
| Jun 19, 2016 | $3.00 | ||
| Jun 26, 2016 | $3.00 | ||
| Jul 3, 2016 | $3.00 | ||
| Jul 10, 2016 | $3.00 | ||
| Jul 17, 2016 | $3.00 | ||
| Jul 24, 2016 | $3.00 | ||
| Jul 31, 2016 | $3.00 | ||
| Aug 7, 2016 | $3.00 | ||
| Aug 14, 2016 | $3.00 | ||
| Aug 21, 2016 | $3.00 | ||
| Aug 28, 2016 | $3.00 | ||
| Sep 4, 2016 | $3.00 | ||
| Sep 11, 2016 | $3.00 | ||
| Sep 18, 2016 | $3.00 | ||
| Sep 25, 2016 | $3.00 | ||
| Oct 2, 2016 | $3.00 | ||
| Oct 9, 2016 | $3.00 | ||
| Oct 16, 2016 | $3.00 | ||
| Oct 23, 2016 | $3.00 | ||
| Oct 30, 2016 | $3.00 | ||
| Nov 6, 2016 | $3.00 | ||
| Nov 13, 2016 | $3.00 | ||
| Nov 20, 2016 | $3.00 | ||
| Nov 27, 2016 | $3.00 | ||
| Dec 4, 2016 | $3.00 | ||
| Dec 11, 2016 | $3.00 | ||
| Dec 18, 2016 | $3.00 | ||
| Dec 25, 2016 | $3.00 | ||
| Jan 1, 2017 | $3.00 | ||
| Jan 8, 2017 | $3.00 | ||
| Jan 15, 2017 | $3.00 | ||
| Jan 22, 2017 | $3.00 | ||
| Jan 29, 2017 | $3.00 | ||
| Feb 5, 2017 | $3.00 | ||
| Feb 12, 2017 | $3.00 | ||
| Feb 19, 2017 | $3.00 | ||
| Feb 26, 2017 | $3.00 | ||
| Mar 5, 2017 | $3.00 | ||
| Mar 12, 2017 | $3.00 | ||
| Mar 19, 2017 | $3.00 | ||
| Mar 26, 2017 | $3.00 | ||
| Apr 2, 2017 | $3.00 | ||
| Apr 9, 2017 | $3.00 | ||
| Apr 16, 2017 | $3.00 | ||
| Apr 23, 2017 | $3.00 | ||
| Apr 30, 2017 | $3.00 | ||
| May 7, 2017 | $3.00 | ||
| May 14, 2017 | $3.00 | ||
| May 21, 2017 | $3.00 | ||
| May 28, 2017 | $3.00 | ||
| Jun 4, 2017 | $3.00 | ||
| Jun 11, 2017 | $3.00 | ||
| Jun 18, 2017 | $3.00 | ||
| Jun 25, 2017 | $3.00 | ||
| Jul 2, 2017 | $3.00 | ||
| Jul 9, 2017 | $3.00 | ||
| Jul 16, 2017 | $3.00 | ||
| Jul 23, 2017 | $3.00 | ||
| Jul 30, 2017 | $3.00 | ||
| Aug 6, 2017 | $3.00 | ||
| Aug 13, 2017 | $3.00 | ||
| Aug 20, 2017 | $3.00 | ||
| Aug 27, 2017 | $3.00 | ||
| Sep 3, 2017 | $3.00 | ||
| Sep 10, 2017 | $3.00 | ||
| Sep 17, 2017 | $3.00 | ||
| Sep 24, 2017 | $3.00 | ||
| Oct 1, 2017 | $3.00 | ||
| Oct 8, 2017 | $3.00 | ||
| Oct 15, 2017 | $3.00 | ||
| Oct 22, 2017 | $3.00 | ||
| Oct 29, 2017 | $3.00 | ||
| Nov 5, 2017 | $3.00 | ||
| Nov 12, 2017 | $3.00 | ||
| Nov 19, 2017 | $3.00 | ||
| Nov 26, 2017 | $3.00 | ||
| Dec 3, 2017 | $3.00 | ||
| Dec 10, 2017 | $3.00 | ||
| Dec 17, 2017 | $3.00 | ||
| Dec 24, 2017 | $3.00 | ||
| Dec 31, 2017 | $3.00 | ||
| Jan 7, 2018 | $3.00 | ||
| Jan 14, 2018 | $3.00 | ||
| Jan 21, 2018 | $3.00 | ||
| Jan 28, 2018 | $3.00 | ||
| Feb 4, 2018 | $3.00 | ||
| Feb 11, 2018 | $3.00 | ||
| Feb 18, 2018 | $3.00 | ||
| Feb 25, 2018 | $3.00 | ||
| Mar 4, 2018 | $3.00 | ||
| Mar 11, 2018 | $3.00 | ||
| Mar 18, 2018 | $3.00 | ||
| Mar 25, 2018 | $3.00 | ||
| Apr 1, 2018 | $3.00 | ||
| Apr 8, 2018 | $3.00 | ||
| Apr 15, 2018 | $2.14 | ||
Loading...