M - pesa float increment

Mary

Kakamega, Kenya

38% repaid

Entrepreneur

Name

Mary

Member since

August 2015

On-time repayments

44 installments  •  36%

About Me

My names are Mary Wambui from the central part of Kenya I was born in the year 1990 . I started school in the year 1993 and after my primary certificate I joined kabete high school with the help of my pastor. My single mother could not raise the fees and my step dad was against my joining high school. After high school my step dad warned the pastor to stop sponsoring me and with so many treats I had to move out. I travelled to nairobi were I met a friend who was working in a boutique. I was also employed to work in that boutique. After some two years I was able to Start a small kiosk selling second hand clothes. After two years I started going to other towns selling clothes at whole sell price.
After seeing business was good in kakamega I decided to relocate. But after some years I discovered a new opportunity in motorbike spares. Spares

My Business

I sell motorbike spares which gives me a profit of upto 60% am able to raise 6000 kes profit every week. At the same time I do repair myself and most people find it very funny for a lady doing that kind of work I decided to do this business because most people in this town use motorbikes as a means of transport because it's cheap and convenient.
From the profits I make am able to pay fees for my siblings who are in high school I would like them to reach their goals and not like me though I count myself lucky

Loan Proposal

Hi my zidisha family.
From the profits I made I was able to Start another business at my shop. I applied to be an M- PESA agent and I qualified right now am operating with a float of 50000 ksh and I have come to understand that am strategically placed because before noon my float is finished. My wish is that I raise my float to 100000 ksh.
With the 50000ksh at the end of the month am able to get a commission of not less than 15000ksh.
With the new loan I will be able to boost my float to 85000ksh plus my end month commission and with that I will be able to earn a commission of not less than 25000ksh per month.
Thank you all alot I will be looking forward to read from you soon. Thank you and God bless.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 23, 2015

Repayment status

Late

Projected term

9 months

Other loans

Lenders

investor

Candiac, Canada

DeanDropshot

Oslo, Norway

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

beverly

Vancouver, Canada

D

Divergent

Bethesda, United States

J

jzidi

Los Angeles, United States

L

loistf

Madrid, Spain

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Malibu

Westwood, United States

Shemuel

New Jersey, United States

Matching Fund

Sterling, United States

B

benlenarts

Netherlands

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Gab

Singapore

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

MW

Matt Willis

United States

JK

Hamburg, Germany

wissam

Jeddah, Saudi Arabia

JC

Justin cohan

United States

MS

Mike Sutherland

United Kingdom

JC

juli camrud

United States

SR

Sharyn Ribich

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Mary a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...