Increasing float for my mpesa business

Damaris

Kwale, Kenya

100% repaid

Entrepreneur

Name

Damaris

Member since

April 2018

On-time repayments

43 installments  •  26%

About Me

Am was born in 1990 at kwale county out of six am the first born in my family.Am a form four leaver I went for computer college.am currently working with national government as a casual in the ministry of immigration and registration of persons... I had a vision of starting my own business to enable me continue pursue my education . I have two ambitious children one in class three who would like to be an engineer.I like travelling most.

My Business

Electronic money saving and transfer.it helps people since its the modern way of saving money.I get commison upon transaction made.its the modern and most current used mobile banking and money transfer transaction. It also register sim card and u earn commission upon every registration sim replacement too.

Loan Proposal

The loan am planing to apply will assist me in expanding my mpesa business among other services. This is because the business require quit a good capital and the more float you have the more you are capable of transacting more transactions and more customers thus more profits thus enabling me be able to be able to sustain myself. The business will require a capital of 400 usd but i already have a part of that so the loan am applying will be used for top up of the capital i already have. The breakdown is as follows 50usd for renting a shop, 100usd for buying the registered simcard that will enable me be able to transact transaction. I expect the business to be to give me a monthly interest of 200usd this will enable me be an independent woman and sustain my family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$123.00

Date disbursed

Jun 28, 2018

Repayment status

On Time

Projected term

7 weeks

Lenders

TomF925

www.AfricaLeap.com, United States

moursund

Beaver Nation, United States

EA

Eric Ayers

Atlanta, United States

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