More cash float and buying more phone accessories

Entrepreneur

About Me

My names are Catherine Ngesa Otieno.I was born in the year 1971 in Kericho County,where i was still schooling while my parents were still working as paramedics in Kericho District Hospital.While i was still schooling,my parents got a transfer which forced me and my other siblings to transfer to Lanet location,Gorofaa estate,Nakuru-East constituency,Nakuru county,Kenya.This is where i enrolled in my O level education in Shinners Girls High School.Later after my O level,I was enrolled in Tracom college,where i underwent a certificate in secretarial and front office.After the college,i was employed in a Insurance firm in Nakuru where i used to work as a secretary.This lasted for four years until i got some capital from my monthly savings,which resulted me to start my Mobile phone services and the M-pesa services.Thank you.

My Business

I am a small scale trader here in Pipelice shopping centre,Lanet.My business deals in selling new mobile phones(Itel,nokia,samsung,tecno and wing)phone covers,Memory-cards,1GB,2GB & 4GB,M-pesa services(depositing & withdrawing),and computer accessories.My business is registered with the local authorities and granted a single business permit.The permit runs for one year and it is renewable annually.The business has been in operational for the last one and a half years.I enjoy being in the M-pesa sector since i am repaid through the commission in every trans-action i make for the deposits & withdrawal services from my royal customers from the safaricom company.
Normally,in a good month i get a profit of between kshs.7,000 to Kshs.12,000.The profit i get i do re-investing in my shop 40%,family up-keep 20% ,future investments for my family at 20% and the rest 20% i pay my bills.
Through the assistance from the Zidisha microfinance by financing my business,i can even make more sales and this will make my shop improve by a way of adding more phone accessories and also add more cash float in my mobile services.Thank you in advance and God bless you all.

Loan Proposal

I am sincerely appreciating the entire zidisha microfinance fraternity for your kind considerarion in boosting my business.This will make my shop to have more cash float as well as buying more phone accessories in my shop.The loan will make my customers to be getting good and efficient services whenever the come for.
The following is my budget from the zidisha loan:
(a).Cash float at Ksh.5,000.Same as U.s.d-56
(b).Assorted phone covers at Ksh.2,700.same as U.s.d-31.

Thnk you in advance and God bless you mightly.

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Loan Info

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