Starting an M-Pesa shop

Entrepreneur

About Me

i am passionate guy i like to try every kind of any activity that will generate income to help my sibling and i never quit whenever i plan to start something.i come from a family where where i am a sole bread winner i have to provide for my two brothers,help mum and pay my college fees at Karatina university where am doing a Diploma in IT .i did my K.C.S.E the year 2004 and I did not go to college because I was being raised by a single mom who had no enough capital to take me to college so i decided to go to Nairobi that was 2005 . where i ended up to be a street boy for 3 years but after that i decided its me who will change myself no one else.then i started kazi ya mjengo then from that day the rest is history.i have worked with Kampala international university as a cleaner/messenger,versan brakelining as a store keeper swiftweb technologies as IT support ,cleaner,messenger and receptionist where i left last year to go for study which I have just finished on 5th of May which was on Friday .

My Business

i have 3 videos which are installed with Dstv and i have 3 kinyoz attached to those videos .for each Dstv i pay ksh9400 every month when its the season of football and it pays because its the money that pays the 6 people that i have employed 3 for the kinyoz and 3 for video .my mum helps me in checking how the business is runs and also the money helps my young bro who is in Maseno University and the last born who did KCSE last year.but i have been thinking how i can get someone to help me buy one new decoder that is in the market that is cheap compared to Dstv its called Beinsport its retailing at Ksh50,000 it come with one year subscription and then you will be paying ksh23,000 per year which is much better than Dstv coz Dstv you pay like 9400*11months =ksh 103,400 per year .you can find the decoders all over in Nairobi in those shops that sell TV

Loan Proposal

I will buy an Mpesa line with KES10000' deposit KES 20000 for the float of the mpesa then I will remain with KES35000 that is what i will be giving customer who will come to do withdrawal from my shop and the float will increase depending on how people will come to withraw cash.then i will be paid monthly on commissions depending on how money transaction i make on that month the remaining balance of KES 7200 I will use it to renovate and rent a small a shop and rent which is KES 2500 .that will boost my video business because from Juma most of the football league are ending and that means the business will be down until August when the season starts again this will increase my business by 30% .

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