Mama yvonne's mpesa shop

Entrepreneur

About Me

I was born in 1987 in a family of twelve siblings, four boys, six girls, father and my mother. When i attained 4years old, I was enrolled into pry- primary school which was nearby our homestead, called "Happy Kids Academy" for my early age studies. Upon completing my pry-primary school i was enrolled in Ngere primary school for my second stage of early age education in 1993. I completed primary education and graduated in the year 2000. Having passed my primary national examination i was enrolled in Mirogi girls High school for my secondary education in 2001 and successfully completed it in the year 2004. Hardship challenges encountered my life experience immediately after my high school. There was no adequate financial support for my further education. I had to wait praying for miracle to happened in order continue with my learning. I was very lucky to secure sponsorship from the nearby well-wisher and local mission church who came in and supported my university education. I joined Migori teaching college in 2005 and completed in 2008. My life after college has been miserable because i am yet to secure employment and that's why i started this Mpesa shop business to enables me support my siblings education and also pay my bills. My business is quite stable at the moment and has employed two youths and looking forward for your support for its expansion. I am very happy to be born in Lou tribe. The community which is characterized by the most learned people in Kenya and diverse culture. This is only community in Kenya, who go for circumcision not as passage rite but voluntary. Am a single mother of one baby girl and my girl would like to be a doctor when she grow up. On my free time i like watching movies swimming and reading novels.

My Business

My business is Mpesa shop which entails selling of all sorts of food stuff and mobile Mpesa services and Air-tell money services. I venture into this business in 2014 after working in the same business for sometimes and therefore gained some experience on it. I started from my personal savings and some contribution from friends. I started this business after thorough survey, consultation and assessment. I realized that there was no mobile money Mpesa around making more suited business to venture into due to its demand in this place. The business has been the source of my livelihood for now two years by paying my bills, supporting my siblings and am also saving for its expansion.
My business is giving me a profit of approximately 6000kes ($60) in a day, this would be 42000kes($420) in one week and 168000kes($1680) in months. the business is doing better and has employed two employees at the moment and hoping two grow and employee many unemployed youth in future. the business is capable of repaying the loan successfully without fail.

Loan Proposal

Am very greatful for my first loan which has really changed the face of my business financially by supporting the renovation and expansion of my shop which subsequently increased the capacity of stock hence, increased the averaged profit collection by about 80%.My second loan in addition to the set aside 50,000kes($500), will be used as follow; increased the Mpesa mobile money float by 30,000kes($300),and increased Airtell mobile money float by 20,000kes($200). I will used the remaining amount 1500kes( $15) to increased the sicards for both Safaricom lines and Airtell lines. This would adds value to my business and therefore attracts new customers and subsequently more profit. After been in this business for sometimes, am very confident that it's in position to not only grow bigger,and continue paying my bills, but also repay my loan faster and on time. Thanks in advance.

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