"Mo Cyber"

Maureen Ooko

Nairobi, Kenya

Loan disbursed

$0 to go

100% lent of $264 goal

0

days left

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Entrepreneur

Name

Maureen Ooko

Location

Nairobi, Kenya

On-time repayments

116 weekly installments  •  70%

About Me

MAUREEN MICHELLE ADHIAMBO, OOKO

Date of Birth: 30th December.
Horoscope: Capricorn
Marital Status: Single
Social Responsibility: Caregiver to many
Hobbies: Partial to reading, music and filling code-words. I also play(ed) hockey and girl football and am still an ardent watcher of both. I am a lover of animals (but crawling), and babies make my heart skip a beat (quite literally).

I like to have money, and to spend money, and to live a decent and deserving life. I thus try to make money in as many ways as possible (legitimately so), and as long as its within the precincts of the Law.

My Business

MO Cyber

begun on my phone, quite literally, with a first loan of
KES.420., now I have a desktop, and expanded the memory on my laptop. I have a stand alone printer and scanner, but have my eyes on a milti purpose heavy duty .scanner cum printer.

information is power. that's the main reason i concentrated on mass communication and internet provision. communication is an aspect of our daily lives that i believe we will always require, and if i could capitalize on the need and start a business, then that exactly what i did. I must appreciate it was not a bad decision.

in addition to the communication, i have since incorporated magazines and reading materials. last months trending magazines will sell next month at a very subsidized cost.

Loan Proposal

There is a marked increase in the number of people - young and old - requiring internet and cyber for daily running. This scenario has made it almost certain that there will always be need for internet and there will always be good returns. I have identified a multi-tasking scanner cum printer, it goes for around KES.26000. I have my eye fixed on that, if i can afford it with your support, we are good to go.

Thanks in advance!

Income Source

The internet, and communication will always sell. Currently many businesses are sadly falling apart but as mentioned, communication will always be a requirement. The core of Mo Cyber is to assist in communication.

Apart from this, i also have a day job. Should i fail to make weekly instalments, i shall definitely make a once off on the final due date - thus the choice to pay in 4 weeks.

I am also mentoring a young person in online freelancing. We have come a long way and on bad days she helps me pay off my Zidisha loan from the proceeds of her business.

Feedback

None

None

None

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Loan Info

Disbursed amount

$264.41

Date disbursed

Mar 2, 2021

Repayment status

On Time

Projected term

4 weeks

Cost of loan

Service fee: 5% of $264.41 = $13.22

Credit risk payment: $34.37

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