Financial Assistance to Support Mobile Based Money Transfer Business
Boniface
Baba Dogo, Kenya
21% repaid
Entrepreneur
Name
Boniface
Member since
April 2015
On-time repayments
199 installments • 64%
About Me
I am aged 32 years old, married with one daughter Esther. I grew up in a poor family though my parents struggled and took me to school. I managed to raise my school fees through raring of poultry and bee keeping. I equally got a loan from the government which i am still repaying.
I completed a degree in Linguistics French. I do freelance writing , and in equally offer translation services-French English & Kiswahili. I equally operate a one computer internet services for my neighbors and friends, which i do from the house.
I desire to succeed in business so and to be able to continue repaying my government loan which supported my college studies, give good education to my child as well as help the less privileged in the society, through a group which i lead that sensitizes the society about HIV and Aids and entrepreneurship skills.
My hobby is reading journals ,undertaking voluntary work in my neighborhood & i like to read success stories because believe one day i will succeed, and HELP OTHERS TOO
My Business
I am a freelance writer and i do online marketing . The money i saved from my first job helped me buy a second hand computer and a modem.I have one computer and i use a modem to access the internet. I do printing and provide other internet and printing services for my neighbors from the house where I earn averagely 30 dollars in week.
I also have a motorbike which i use to ferry people from one suburb to another within Nairobi City during my free time. I currently need to get more money so that i can secure a good place to work from where there is electricity all the day, and to buy second hand computers and a small printer so that i can open a small cyber cafe.
I need to help people access internet cheaply since most things have started being done online in Kenya.
Aftrer my second zidisha loan, i was able to open a shop where i sell electrical appliancies and i have a n MPESA shop within the same business as seen in my profile photo.
Loan Proposal
Currently, i have a shop, housing an Mobile money transfer and a business of selling mobile phone accessories.
I started the business two months a go and it has not picked well. I have sufficient customers though. So , all i need is enough cash for my mobile miney transfer and add stock for the mobile phone accessories.
Proposal
For money transfer business - i need a float( cash) of -300 dollars
The most most mobile & electrical accessories that have high demand include that i need to restock include
Mobile batteries- 60 dollars
bulbs- 100 dollars
phone chargers- 50 dollars
switches & sockets- 30 dollars
Phone cases- 20 dollars
Extension codes- 40 dollars
Fuses- 30 dollars
Small radios-100 dollars
Rechargeable torches-100 dollars
Total- 830 dollars
Thanks for accepting my proposal
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Loan Info
Project Type
Classic Loan
Disbursed amount
$832.00
Date disbursed
Aug 5, 2016
Repayment status
Late
Projected term
54 months
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