Money transfer business

Angellina

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Angellina

Member since

September 2015

On-time repayments

278 installments • 57%

About Me

My name is Angellina nyamai. I am 25 years old and i have grown up in rural Eastern Kenya. I completed high school in 2012. Due to the fact that I could not raise enough fees, I could not continue with my education. I therefore opted for menial jobs in our rural place.since then I have been saving so that I can start a business. I feel that such a business would give me some income so that I can attend college. I managed to start a small retail shop at Nairobi. With Help of Zidisha Previous loans I have been able to expand the shop to include mobile money transfer agency-Mpesa agency. This has increased my earnings considerably

My Business

My business is a small retail shop selling general merchandise in residential areas in Nairobi (maternity estate). I also sell grocery products outside the shop not to mention that i still have some cereals and charcoal.The shop is productive enough to allow me to survive in Nairobi. However, it hardy allows me to save and as such i would like to expand my business horizons to new ventures. I have also added a money transfer service commonly known as Mpesa here in Kenya. I seen my revenues have started to increase and i can now save

Loan Proposal

I would like to get capital that will enable me start money transfer services in my shop. In this case i will become a bank and mobile (Mpesa) money transfer agent through which i will be paid commission as per transactions done every month end. This requires a capital of at least ksh 45, 000 and i expect the commission to be 15,000 every month