Selling prepaid mobile phone airtime vouchers
Jones
Kisooni- Mumbuni- Machakos, Kenya
34% repaid
Entrepreneur
Name
Jones
Member since
April 2014
On-time repayments
310 installments • 10%
About Me
AM A KENYAN MAN AGED 39 YEARS. BEING BORN FROM A VERY POOR FAMILY MY FATHER WAS POLYGAMOUS. AM THE LAST BORN IN A FAMILY OF 9. MY FATHER DIED WHEN I WAS IN CLASS 8 IN 1989. AFTER COMPLETING MY PRIMARY EDUCATION I HAD NO HOPE TO CONTINUE WITH MY EDUCATION SINCE THERE WAS NOBODY TO PAY MY SCHOOL FEES. FORTUNATELY I WAS AWARDED THE PRESIDENTIAL BURSARY WHICH CATERED FOR MY SECONDARY EDUCATION. AFTER THEN I JOINED NATIONAL YOUTH SERVICE AND DISCHARGED IN 2001. AM MARRIED TO CHRISTINE AND WE HAVE TWO CHILDREN, PURITY AGED 10 AND PRINCE AGED 4.
My Business
I AM WORKING AS A SECURITY PERSONNEL AT KENYATTA UNIVERSITY HENCE I HAVE AN INCOME OF THIRTY TWO THOUSAND SHILLINGS A MONTH. I OPENED A BUSINESS IN THE UNIVERSITY OF SELLING MOBILE PHONE AIRTIME RECHARGE VOUCHERS. THERE ARE OVER 50000 STUDENTS AND OVER 5000 STAFF IN THE INSTITUTION, HENCE THE SUPPLY OF AIRTIME CREDIT CARDS HAS NOT BEEN ENOUGH. THE RETURNS FROM THE CARDS WILL ENABLE ME TO PAY THE LOAN COMFORTABLY AND HAVE SOME MONEY FOR MY FAMILY. I DECIDED TO DO THIS BUSINESS AFTER DOING SURVEY AND KNOWN THAT 90% OF KENYANS OWN MOBILE PHONES. FOR THE PHONES TO OPERATE THEY HAVE TO BE RECHARGED WITH AIRTIME AND THIS IS WHAT AM SELLING. I HAVE ALSO GONE IN TO MOBILE MONEY TRANSFER BUSINESS. I JOINED SAFARICOM'S M-PESA AS A DEALER LAST MONTH. THIS GOES HAND ON HAND WITH THE CARDS BUSINESS. I INVESTED USD 500 IN THE MONEY TRANSFER BUSINESS AS MY FLOAT. AM OPERATING THE CARDS BUSINESS WITH LESS THAN USD 300. AM NOW LOOKING FORWARD TO INCREASING THE CARDS STOCK BECAUSE THE DEMAND IS HIGHER THAN MY SUPPLY.
Loan Proposal
When i get this loan i intent to invest it in buying more recharge vouchers to increase the supply. I have employed a girl who sells the cards and transacts the mobile money transfers. Although this is a business that needs about USD 2000 I have decided to start small. I believe in growing to that amount. Currently i have build a small kiosk as seen in my profile picture where i operate the business. The girl i have employed goes for a new stock of cards two times a day. we need to have cards worthy 500 dollars a day but currently i operate with less than 200dollars. Since we buy the cards from town we incur transport expenses daily to go for the cards twice. I look forward to getting the loan so as to increase the supply for higher profits.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$325.00
Date disbursed
Jul 29, 2014
Repayment status
Late
Projected term
71 months
Other loans
Lenders
Republic of Korea
United States
Summary
Amount repaid
$208.72
Amount remaining
$406.35
Expected completion
Jun 17, 2020
Status
Repaying late
Installment amount
$1.16
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 6, 2014 | $10.80 | Aug 7, 2014 | $10.80 |
| Aug 13, 2014 | $10.80 | Aug 7, 2014 | $0.83 |
| Aug 14, 2014 | $9.98 | ||
| Aug 20, 2014 | $10.80 | Aug 14, 2014 | $0.49 |
| Sep 4, 2014 | $10.31 | ||
| Aug 27, 2014 | $10.80 | Sep 4, 2014 | $10.80 |
| Sep 3, 2014 | $0.98 | Sep 4, 2014 | $0.98 |
| Sep 10, 2014 | $5.81 | Sep 27, 2014 | $5.81 |
| Sep 17, 2014 | $5.81 | Sep 27, 2014 | $2.33 |
| Nov 2, 2014 | $3.49 | ||
| Sep 24, 2014 | $5.81 | Nov 2, 2014 | $5.81 |
| Oct 1, 2014 | $5.81 | Nov 2, 2014 | $5.81 |
| Oct 8, 2014 | $5.81 | Nov 2, 2014 | $5.81 |
| Oct 15, 2014 | $5.81 | Nov 2, 2014 | $5.81 |
| Oct 22, 2014 | $5.81 | Nov 2, 2014 | $5.81 |
| Oct 29, 2014 | $2.33 | Nov 2, 2014 | $2.33 |
| Nov 5, 2014 | $0.00 | ||
| Nov 12, 2014 | $0.00 | ||
| Nov 19, 2014 | $0.00 | ||
| Nov 26, 2014 | $0.00 | ||
| Dec 3, 2014 | $0.00 | ||
| Dec 10, 2014 | $3.49 | Dec 4, 2014 | $3.49 |
| Dec 17, 2014 | $3.49 | Dec 4, 2014 | $3.49 |
| Dec 24, 2014 | $3.49 | Dec 4, 2014 | $3.49 |
| Dec 31, 2014 | $3.49 | Dec 4, 2014 | $3.49 |
| Jan 7, 2015 | $3.49 | Jan 9, 2015 | $3.49 |
| Jan 14, 2015 | $3.49 | Jan 9, 2015 | $3.49 |
| Jan 21, 2015 | $3.49 | Jan 9, 2015 | $3.49 |
| Jan 28, 2015 | $3.49 | Jan 30, 2015 | $3.49 |
| Feb 4, 2015 | $3.49 | Jan 30, 2015 | $3.49 |
| Feb 11, 2015 | $5.81 | Feb 11, 2015 | $5.81 |
| Feb 18, 2015 | $5.81 | Feb 11, 2015 | $5.81 |
| Feb 25, 2015 | $5.81 | Feb 11, 2015 | $5.81 |
| Mar 4, 2015 | $5.81 | Mar 9, 2015 | $5.81 |
| Mar 11, 2015 | $5.81 | Mar 9, 2015 | $5.81 |
| Mar 18, 2015 | $11.63 | Mar 17, 2015 | $11.63 |
| Mar 25, 2015 | $11.63 | Mar 17, 2015 | $11.63 |
| Apr 1, 2015 | $11.63 | Apr 1, 2015 | $11.63 |
| Apr 8, 2015 | $11.63 | Apr 1, 2015 | $11.63 |
| Apr 15, 2015 | $11.63 | Apr 14, 2015 | $11.63 |
| Apr 22, 2015 | $0.00 | ||
| Apr 29, 2015 | $2.91 | Apr 23, 2015 | $2.91 |
| May 6, 2015 | $0.00 | ||
| May 13, 2015 | $0.00 | ||
| May 20, 2015 | $0.00 | ||
| May 27, 2015 | $0.00 | ||
| Jun 3, 2015 | $0.00 | ||
| Jun 10, 2015 | $0.00 | ||
| Jun 17, 2015 | $0.00 | ||
| Jun 24, 2015 | $0.00 | ||
| Jul 1, 2015 | $1.16 | ||
| Jul 8, 2015 | $1.16 | ||
| Jul 15, 2015 | $1.16 | ||
| Jul 22, 2015 | $1.16 | ||
| Jul 29, 2015 | $1.16 | ||
| Aug 5, 2015 | $1.16 | ||
| Aug 12, 2015 | $1.16 | ||
| Aug 19, 2015 | $1.16 | ||
| Aug 26, 2015 | $1.16 | ||
| Sep 2, 2015 | $1.16 | ||
| Sep 9, 2015 | $1.16 | ||
| Sep 16, 2015 | $1.16 | ||
| Sep 23, 2015 | $1.16 | ||
| Sep 30, 2015 | $1.16 | ||
| Oct 7, 2015 | $1.16 | ||
| Oct 14, 2015 | $1.16 | ||
| Oct 21, 2015 | $1.16 | ||
| Oct 28, 2015 | $1.16 | ||
| Nov 4, 2015 | $1.16 | ||
| Nov 11, 2015 | $1.16 | ||
| Nov 18, 2015 | $1.16 | ||
| Nov 25, 2015 | $1.16 | ||
| Dec 2, 2015 | $1.16 | ||
| Dec 9, 2015 | $1.16 | ||
| Dec 16, 2015 | $1.16 | ||
| Dec 23, 2015 | $1.16 | ||
| Dec 30, 2015 | $1.16 | ||
| Jan 6, 2016 | $1.16 | ||
| Jan 13, 2016 | $1.16 | ||
| Jan 20, 2016 | $1.16 | ||
| Jan 27, 2016 | $1.16 | ||
| Feb 3, 2016 | $1.16 | ||
| Feb 10, 2016 | $1.16 | ||
| Feb 17, 2016 | $1.16 | ||
| Feb 24, 2016 | $1.16 | ||
| Mar 2, 2016 | $1.16 | ||
| Mar 9, 2016 | $1.16 | ||
| Mar 16, 2016 | $1.16 | ||
| Mar 23, 2016 | $1.16 | ||
| Mar 30, 2016 | $1.16 | ||
| Apr 6, 2016 | $1.16 | ||
| Apr 13, 2016 | $1.16 | ||
| Apr 20, 2016 | $1.16 | ||
| Apr 27, 2016 | $1.16 | ||
| May 4, 2016 | $1.16 | ||
| May 11, 2016 | $1.16 | ||
| May 18, 2016 | $1.16 | ||
| May 25, 2016 | $1.16 | ||
| Jun 1, 2016 | $1.16 | ||
| Jun 8, 2016 | $1.16 | ||
| Jun 15, 2016 | $1.16 | ||
| Jun 22, 2016 | $1.16 | ||
| Jun 29, 2016 | $1.16 | ||
| Jul 6, 2016 | $1.16 | ||
| Jul 13, 2016 | $1.16 | ||
| Jul 20, 2016 | $1.16 | ||
| Jul 27, 2016 | $1.16 | ||
| Aug 3, 2016 | $1.16 | ||
| Aug 10, 2016 | $1.16 | ||
| Aug 17, 2016 | $1.16 | ||
| Aug 24, 2016 | $1.16 | ||
| Aug 31, 2016 | $1.16 | ||
| Sep 7, 2016 | $1.16 | ||
| Sep 14, 2016 | $1.16 | ||
| Sep 21, 2016 | $1.16 | ||
| Sep 28, 2016 | $1.16 | ||
| Oct 5, 2016 | $1.16 | ||
| Oct 12, 2016 | $1.16 | ||
| Oct 19, 2016 | $1.16 | ||
| Oct 26, 2016 | $1.16 | ||
| Nov 2, 2016 | $1.16 | ||
| Nov 9, 2016 | $1.16 | ||
| Nov 16, 2016 | $1.16 | ||
| Nov 23, 2016 | $1.16 | ||
| Nov 30, 2016 | $1.16 | ||
| Dec 7, 2016 | $1.16 | ||
| Dec 14, 2016 | $1.16 | ||
| Dec 21, 2016 | $1.16 | ||
| Dec 28, 2016 | $1.16 | ||
| Jan 4, 2017 | $1.16 | ||
| Jan 11, 2017 | $1.16 | ||
| Jan 18, 2017 | $1.16 | ||
| Jan 25, 2017 | $1.16 | ||
| Feb 1, 2017 | $1.16 | ||
| Feb 8, 2017 | $1.16 | ||
| Feb 15, 2017 | $1.16 | ||
| Feb 22, 2017 | $1.16 | ||
| Mar 1, 2017 | $1.16 | ||
| Mar 8, 2017 | $1.16 | ||
| Mar 15, 2017 | $1.16 | ||
| Mar 22, 2017 | $1.16 | ||
| Mar 29, 2017 | $1.16 | ||
| Apr 5, 2017 | $1.16 | ||
| Apr 12, 2017 | $1.16 | ||
| Apr 19, 2017 | $1.16 | ||
| Apr 26, 2017 | $1.16 | ||
| May 3, 2017 | $1.16 | ||
| May 10, 2017 | $1.16 | ||
| May 17, 2017 | $1.16 | ||
| May 24, 2017 | $1.16 | ||
| May 31, 2017 | $1.16 | ||
| Jun 7, 2017 | $1.16 | ||
| Jun 14, 2017 | $1.16 | ||
| Jun 21, 2017 | $1.16 | ||
| Jun 28, 2017 | $1.16 | ||
| Jul 5, 2017 | $1.16 | ||
| Jul 12, 2017 | $1.16 | ||
| Jul 19, 2017 | $1.16 | ||
| Jul 26, 2017 | $1.16 | ||
| Aug 2, 2017 | $1.16 | ||
| Aug 9, 2017 | $1.16 | ||
| Aug 16, 2017 | $1.16 | ||
| Aug 23, 2017 | $1.16 | ||
| Aug 30, 2017 | $1.16 | ||
| Sep 6, 2017 | $1.16 | ||
| Sep 13, 2017 | $1.16 | ||
| Sep 20, 2017 | $1.16 | ||
| Sep 27, 2017 | $1.16 | ||
| Oct 4, 2017 | $1.16 | ||
| Oct 11, 2017 | $1.16 | ||
| Oct 18, 2017 | $1.16 | ||
| Oct 25, 2017 | $1.16 | ||
| Nov 1, 2017 | $1.16 | ||
| Nov 8, 2017 | $1.16 | ||
| Nov 15, 2017 | $1.16 | ||
| Nov 22, 2017 | $1.16 | ||
| Nov 29, 2017 | $1.16 | ||
| Dec 6, 2017 | $1.16 | ||
| Dec 13, 2017 | $1.16 | ||
| Dec 20, 2017 | $1.16 | ||
| Dec 27, 2017 | $1.16 | ||
| Jan 3, 2018 | $1.16 | ||
| Jan 10, 2018 | $1.16 | ||
| Jan 17, 2018 | $1.16 | ||
| Jan 24, 2018 | $1.16 | ||
| Jan 31, 2018 | $1.16 | ||
| Feb 7, 2018 | $1.16 | ||
| Feb 14, 2018 | $1.16 | ||
| Feb 21, 2018 | $1.16 | ||
| Feb 28, 2018 | $1.16 | ||
| Mar 7, 2018 | $1.16 | ||
| Mar 14, 2018 | $1.16 | ||
| Mar 21, 2018 | $1.16 | ||
| Mar 28, 2018 | $1.16 | ||
| Apr 4, 2018 | $1.16 | ||
| Apr 11, 2018 | $1.16 | ||
| Apr 18, 2018 | $1.16 | ||
| Apr 25, 2018 | $1.16 | ||
| May 2, 2018 | $1.16 | ||
| May 9, 2018 | $1.16 | ||
| May 16, 2018 | $1.16 | ||
| May 23, 2018 | $1.16 | ||
| May 30, 2018 | $1.16 | ||
| Jun 6, 2018 | $1.16 | ||
| Jun 13, 2018 | $1.16 | ||
| Jun 20, 2018 | $1.16 | ||
| Jun 27, 2018 | $1.16 | ||
| Jul 4, 2018 | $1.16 | ||
| Jul 11, 2018 | $1.16 | ||
| Jul 18, 2018 | $1.16 | ||
| Jul 25, 2018 | $1.16 | ||
| Aug 1, 2018 | $1.16 | ||
| Aug 8, 2018 | $1.16 | ||
| Aug 15, 2018 | $1.16 | ||
| Aug 22, 2018 | $1.16 | ||
| Aug 29, 2018 | $1.16 | ||
| Sep 5, 2018 | $1.16 | ||
| Sep 12, 2018 | $1.16 | ||
| Sep 19, 2018 | $1.16 | ||
| Sep 26, 2018 | $1.16 | ||
| Oct 3, 2018 | $1.16 | ||
| Oct 10, 2018 | $1.16 | ||
| Oct 17, 2018 | $1.16 | ||
| Oct 24, 2018 | $1.16 | ||
| Oct 31, 2018 | $1.16 | ||
| Nov 7, 2018 | $1.16 | ||
| Nov 14, 2018 | $1.16 | ||
| Nov 21, 2018 | $1.16 | ||
| Nov 28, 2018 | $1.16 | ||
| Dec 5, 2018 | $1.16 | ||
| Dec 12, 2018 | $1.16 | ||
| Dec 19, 2018 | $1.16 | ||
| Dec 26, 2018 | $1.16 | ||
| Jan 2, 2019 | $1.16 | ||
| Jan 9, 2019 | $1.16 | ||
| Jan 16, 2019 | $1.16 | ||
| Jan 23, 2019 | $1.16 | ||
| Jan 30, 2019 | $1.16 | ||
| Feb 6, 2019 | $1.16 | ||
| Feb 13, 2019 | $1.16 | ||
| Feb 20, 2019 | $1.16 | ||
| Feb 27, 2019 | $1.16 | ||
| Mar 6, 2019 | $1.16 | ||
| Mar 13, 2019 | $1.16 | ||
| Mar 20, 2019 | $1.16 | ||
| Mar 27, 2019 | $1.16 | ||
| Apr 3, 2019 | $1.16 | ||
| Apr 10, 2019 | $1.16 | ||
| Apr 17, 2019 | $1.16 | ||
| Apr 24, 2019 | $1.16 | ||
| May 1, 2019 | $1.16 | ||
| May 8, 2019 | $1.16 | ||
| May 15, 2019 | $1.16 | ||
| May 22, 2019 | $1.16 | ||
| May 29, 2019 | $1.16 | ||
| Jun 5, 2019 | $1.16 | ||
| Jun 12, 2019 | $1.16 | ||
| Jun 19, 2019 | $1.16 | ||
| Jun 26, 2019 | $1.16 | ||
| Jul 3, 2019 | $1.16 | ||
| Jul 10, 2019 | $1.16 | ||
| Jul 17, 2019 | $1.16 | ||
| Jul 24, 2019 | $1.16 | ||
| Jul 31, 2019 | $1.16 | ||
| Aug 7, 2019 | $1.16 | ||
| Aug 14, 2019 | $1.16 | ||
| Aug 21, 2019 | $1.16 | ||
| Aug 28, 2019 | $1.16 | ||
| Sep 4, 2019 | $1.16 | ||
| Sep 11, 2019 | $1.16 | ||
| Sep 18, 2019 | $1.16 | ||
| Sep 25, 2019 | $1.16 | ||
| Oct 2, 2019 | $1.16 | ||
| Oct 9, 2019 | $1.16 | ||
| Oct 16, 2019 | $1.16 | ||
| Oct 23, 2019 | $1.16 | ||
| Oct 30, 2019 | $1.16 | ||
| Nov 6, 2019 | $1.16 | ||
| Nov 13, 2019 | $1.16 | ||
| Nov 20, 2019 | $1.16 | ||
| Nov 27, 2019 | $1.16 | ||
| Dec 4, 2019 | $1.16 | ||
| Dec 11, 2019 | $1.16 | ||
| Dec 18, 2019 | $1.16 | ||
| Dec 25, 2019 | $1.16 | ||
| Jan 1, 2020 | $1.16 | ||
| Jan 8, 2020 | $1.16 | ||
| Jan 15, 2020 | $1.16 | ||
| Jan 22, 2020 | $1.16 | ||
| Jan 29, 2020 | $1.16 | ||
| Feb 5, 2020 | $1.16 | ||
| Feb 12, 2020 | $1.16 | ||
| Feb 19, 2020 | $1.16 | ||
| Feb 26, 2020 | $1.16 | ||
| Mar 4, 2020 | $1.16 | ||
| Mar 11, 2020 | $1.16 | ||
| Mar 18, 2020 | $1.16 | ||
| Mar 25, 2020 | $1.16 | ||
| Apr 1, 2020 | $1.16 | ||
| Apr 8, 2020 | $1.16 | ||
| Apr 15, 2020 | $1.16 | ||
| Apr 22, 2020 | $1.16 | ||
| Apr 29, 2020 | $1.16 | ||
| May 6, 2020 | $1.16 | ||
| May 13, 2020 | $1.16 | ||
| May 20, 2020 | $1.16 | ||
| May 27, 2020 | $1.16 | ||
| Jun 3, 2020 | $1.16 | ||
| Jun 10, 2020 | $1.16 | ||
| Jun 17, 2020 | $105.19 | ||
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