Inventory of mpesa money transfer business

Lydia

Eldoret, Kenya

Funds disbursed

$0 to go

100% funded of $232 goal

0

days left

Entrepreneur

Name

Lydia

Member since

November 2017

On-time repayments

14 installments  •  29%

About Me

my name is Lydia Kiplagat. i come from eldoret town though this is not my home town. i moved to this town when i was in college and i liked the place and i know so many people so i opted to stay here when i finished school and start a life here. i grew up in Kitale. i went to primary school there, i passed well and i was admitted to a high school in Bungoma Girls, a pure girl's school where i managed to be the top student. i went to Eldoret town to pursue a diploma min Pharmacy which i did for two years and i completed in 2015. i have been working at a pharmacy till date.

My Business

Hello, I work as an employee at a chemist in Eldoret town. it is a qualified and certified chemist even though it is not nationally recognized, but i still get good experience. a chemist is an important business because it offers drugs that help the sick and relieve people from pain. at least we make these services available locally and people do not go far looking for treatment. i am paid a monthly salary of 300 us dollars and i use the money for my upkeep, dressing and food. i send some to my family back in the village for their own needs. i save some of the cash in locked bank account so i could have a future

Loan Proposal

Hello, Once again am greatfull for the previous loan which helped me in many ways. am now in need of money to setup money transfer business known as Mpesa.
After consultation with my boss he accepted to lend me a space where I can setup the business. I will have to employ a relative and it will be easy for me to monitor. This will increase my monthly income as I hope to make 150 us dollars monthly commision from the business.
I will buy metals and boards cater for labour and use some money to top the required float money.
This is what was on my mind since last year I hope it will be a success.

Feedback

1

None

None

  • David    Jun 23, 2019

    Loan was originally scheduled to take two weeks and was paid off as planned. I wish you continued success.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$232.00

Date disbursed

Jun 21, 2019

Repayment status

Late

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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