Entrepreneur
Name
Jackson
Member since
June 2014
On-time repayments
259 installments • 53%
About Me
my names are Jackson kamau mwangi.Born in a village called kimangu in Rongai ,Nakuru county.I went to Rongai primary school where I studed from class one to class eight ,where I passed and went to Njoro boys high school .After a struggle to finish high school because of lack of fees eventual finished in the year 2012 .I didn't go to college so I decide to be a business man .now I thank God I usual pay my own bills and able to live a normal life.
My Business
After finishing high school I was employed as an mpesa agent .where I worked and managed to save some money to start my business .Because the money I had saved couldnt be enough I borrowed friends .I started a cereal shop bt failed after some point thus where I decided to invest in a mpesa shop.Thnks to God it picked up went on up to now I still reinvest in it because it has a good returns.in my mpesa shop I sell phones,coves of phone ,earphones ,batteries of phone and I have an mpesa agent where my customers come to withdrawn and deposit money also I sell credit to increase my profit.
Loan Proposal
i will use the loan that i will get to upgrade my m-pesa bussiness as follows
1.i will use the money to buy new upgrade sim card kits this will help my customer to aquire new sim card in my shop
2. i will use the money to buy new simcard replacement kits this will help in aquiring replacement service in my shop..this will cost upto 27.5163usd
3.buy new improved phone to serve as my till phone worth 27.5usd
4.refurnish and light up my mpesa premises to attract more customers this will bring more customers to my shop doing all this will cost 36usd
5.i will add float and cash so that to balance both so that to allow my customers withdraw larger amount and also to deposit money.
by doing this upgrade i will be stepping-up my business to another level and also i will be increasing my monthly income
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Loan Info
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Oct 11, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Republic of Korea
Sacramento, United States
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