M-pesa shop

Glen

Shauri Moyo, Kenya

100% repaid

Entrepreneur

Name

Glen

Member since

July 2015

On-time repayments

236 installments  •  27%

About Me

I am Glen Asudi born December 3 1993 in Vihiga in the Western part of Kenya. I am the first born in a family of two.I went to Womulalu Primary school in Vihiga where I completed my primary level in in the year 2008.
I later joined Womulalu Secondary school's, where I was able to complete my studies in the year 2012 . There after, I began hustling where I joined the famous KKV which also means KAZI KWA VIJANA which also means 'JOBS FOR THE YOUTHS' a project that was developed by the Government of Kenya to help eradicate job problems and create an opportunity for the youth to showcase their hard work because it was mainly manual work at a very unfriendly environment. An opportunity came my way which seemed greener to me, I saw an m-pesa agent needed advertisement and decided to apply lucky enough I was able to get the job and that's how I came to operate an m-pesa shop up to date.

My Business

I operate an m-pesa shop at my neighbourhood Shauri Moyo on which I am employed. While operating the shop, I managed to save and buy my own m-pesa line which is needed and plays a major role in transactions.
The challenge am facing now is the float money which a minimum of 20,000 KES Is required to maintain the business and running of it and almost to be able to make transactions as well . Those are Safaricom's rules which has been a major challenge for me as just recently they wanted to shut down the simcard as a result of it operating below the rules.
I intend to open my own m-pesa shop sooner and now that a friend of mine told me about Zidisha loans and how it's been of great help to him.Am applying for zidisha loan to be able to maintain my line's float so that it won't be shut down soon by Safaricom.
I believe with zidisha, I will be able to raise cash to open my own shop one day......

Loan Proposal

I have been working in an M-PESA shop for around two years now,while working,i managed to save some money and i was able to buy the sim card used in mpesa transactions which plays a major role when operating an mpesa shop.Its not just not an ordinary sim card like the others.
My biggest challenge right now is the float money needed in the line to run the transactions which Safaricom have put a minimum of 20,000 to maintain your line and your business.
I Decided to join Zidisha and apply for the loan to add to what i have so that i can meet Safaricom's expectations to avoid my line being shut down and my dreams of owning an mpesa shop in the near future which i know with zidisha team all is possible.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 7, 2015

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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