Mobile money transfer service

Geoffrey Nyankiri

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Geoffrey Nyankiri

Member since

September 2014

On-time repayments

264 installments  •  93%

About Me

i am Kenyan citizen aged 25,married with one child am proffesionally technician at locoal company.i finished my O leveal education and obtained a better grade and decided to join a local college of which i managed to do my diploma course.one year down the line i got a job in a local company,while in this company i managed to raise some money and decided to start up a business.being an employee in this company i gained alot of exprience in which it helped me to be forcused in life and have a postive attited toward life.sir its to my pressure to let you know that i straight forward man who always belive in posibbilty in day todays life.i like reading and travelling.

My Business

Sir,as i stated,from the small revenue i genarated while working with the said local company,i started a small kiosk new a matatu stage in Nakuru town .i this kiosk i sell plastic sodas,bescuits,nuts,afia juice and cones.I operated the kiosk for the first three months and realised that Mpesa services was in demand.due to this i managed to get a Mpesa sim card in which its realy doing good.
Sir,the introduction of that service to that kiosk affected me in terms of capital.i invested $300 to that new service andits doing really good despite the fact that i work undercash.
I decided to introduce this kind of service due to customer's demand.In a monthly commission,safaricom the main provider can give me total of $40 per month.out of this am apple rs

Loan Proposal

As soon as i receive the loan, i will invest the loan in mobile money transfer services.i would like to inform you that i have alread done some renovetion to the said shop and only a few is remaining to be complet done.
If i receive this loan,i will take some amount to mainor varnishing of the house i.e painting and advertisment and the remaining amount will buy stork for my shop.
thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$648.87

Date disbursed

Nov 18, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $26.94

Geoffrey opted to pay $112.11 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

E

explosionsky

Brooklyn, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Dave Bogard

New York, United States

PG

Paul Graham

United States

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