Moving my business to higher level

Martin

Nairobi, Kenya

9% repaid

Entrepreneur

Name

Martin

Member since

May 2015

On-time repayments

241 installments  •  78%

About Me

Hi, Am martin mwangi young at heart l got D+ in my secondary education, but it doesn't mean when you get such kind of grade you are a failure in life. I learn't through
bursary that how managed to complete my high school.
From when l completed my high school l became garbage collector, then moved to car washing. Then finally God came through n my bro was able support with capital to start an mpesa business here in kariobangi south.
The business has grown which has lead to opening up accessory, n kcb agent , whereby a friend of mine gave me to have an equity agent. The business has open up many opportunity to me and also to l get to employe some. I believe there is nothing impossible if you have positive mindset n the right goals you will achieve.

My Business

Hi my business is offers money transfer which is commonly known as mpesa in Kenya, kcb agent , Equity agent is coming up. On top of that l sell accessory, electronics, padlocks. The services l offer are valuable because business around they need to transfer money if a trader need goods in order to receive the goods. Also for electronics whenever bulb has gone off then a customer will came to my shop for the bulb or in case there is need to change bulb holder l will advice so.l chose the business because it has transformed peoples life around me and also l do offer advice whenever a young approach for advice.
My expense my business cost 30USD the one l leave in is 32USD then my daily food 40USD and when l get to pay an employee cost 200ksh per day.
My revenue for the mpesa is 250USD n electronics,accessory, padlock will give over 100USD. I use my business in growing up my business like right now l got equity agent.
In addition l have managed to increase my stock in padlocks Thanks to zidisha.
My future plans is to add airtel money which requires me to raise capital 20USD to which roughly when calculate the commission l will be earning from 10USD per month which will be this coming month of november. Kindly zidisha am asking for assistance l want to grow and help young entrepreneur around me to grow with zidisha. Thank you.

Hi Zidisha,
Thank you for the assistance you have given me,for you have really help me in a big
way in my business. Am applying for another loan, of which am looking forward it
will assist me especially when am planing to move my business to much bigger space n secure place.

Thank you zidisha for the far l have come with you guys looking forward towards a brighter future and better life. My next loan which am looking which am asking is to invest to kcb agent as (e-float) , which has been trending upward , am asking a loan of USD199. Which will give me a return of USD 80 every month with the assistance of other money transfer that is mpesa airtel money not forgetting accessory l will be able pay back the loan. The profits l normally l get pay one of my partners n the rest l reinvest in to the business.Thank you zidisha.

Thank you zidisha for the warm support you have given me. May God bless you so
may not lack to give an extra hand with upcoming enterprenues. Am still requesting for the upgrade of Kcb agency loan which will be totally to USD398.
The loan you have given has support to extend my customer base that is Kcb agency,mpesa, and airtel money services not living behind accessory,padlocks.
Thank you zidisha am looking forward growing with you guys in zidisha.

Thank you zidisha for the loan you gave me it has really supported my business in kcb float transaction they have being increased right now my mpesa transaction have increased by USD 3.

Hi Zidisha,
Thank you for the assistance you have given me,for you have really help me in a big
way in my business. Am applying for another loan, of which am looking forward it
will assist me especially when am planing to move my business to much bigger space n secure place. Am looking forward to a positive response.

Kind Regards,
Marin


Hi Zidisha,
Hi thank you once again zidisha for offering me an opportunity to kindly request for another loan,l offer money transfer servicesi.e(agency which include mpesa,equity,coop,familykcb,airtelmoney) and l sell accessory,electrical, mobile phones,padlocks. The money transfer is important because customer work so easy,efficient receiving n depositing money and fast,paying bills like rent,electricity,water becomes convenient without any hustle. Accessory are important especially chargers,earphones, phones battery(phone)usb cable, communication becomes easy. For security reason l do sell padlock that would secure customers house.
My revenue for this month mpesa commission is USD340, for rest l haven't received but for equity is USD130,Coop Agency USD80, Kcb Agency USD50airtel money USD20,while for family bank agency is USD40.
The whole profits reinvest back to may business because the demand always goes since l do offer quality services. The customers do spread the word to other customers hence the need to increase my float level. My intention is also to upgrade the salary for the one whom l have hired he work diligently.
My goals is also introduce tokens and cooking gas since there has been a demand for commodity around my community. My aim is impact my community positively with services l offer.

Kind Regards,
Martin

Hey Zidisha,
Thanks alot for being my partner, courtesy of your funds lenders you made my business to grow to another level. There has been increase the number of gas cylinders n refilling. There has been also an increase in the number of transaction in mpesa by 3usd equity 3usd. My aim is to bring an impact in my community and also to create employment in my community right now l have two employees.

Kind regards,
Martin

Hey Zidisha,
Thanks alot for being my partner, courtesy of your funds lenders you made my business to grow to another level. There has been increase the number of gas cylinders n refilling. There has been also an increase in the number of transaction in mpesa by 3usd equity 3usd. My aim is to bring an impact in my community and also to create employment in my community right now l have two employees.

Kind regards,
Martin

Hey Zidisha,
Thanks alot for being my partner, courtesy of your funds lenders you made my business to grow to another level. There has been increase the number of gas cylinders n refilling. There has been also an increase in the number of transaction in mpesa by 3usd equity 3usd. My aim is to bring an impact in my community and also to create employment in my community right now l have two employees.

Kind regards,
Martin

Loan Proposal

Hey Lenders,

Given chance with loan l will be amounting to USD 1212 l will utilise the loan in my business . I will top up the amount equity agency in terms of float of which it will bring big results in commission increase. In terms of transactions paying rent, bills, deposits, withdrawal hence positive response in commission.
Am positive am about it because sometimes l do transactions with equity agency and am left even without float to cater to the needs of my costumers.

Kind Regards,
Martin

Feedback

1

None

None

  • csatchwell    Oct 11, 2017

    Fully repaid loan, well done :)

    Log in to reply • Share
    • Martin    Nov 27, 2017

      Hi, Csatchwell,
      Thanks alot for being positive and encouragement. l do appreciate the support so far you have given me. Thank you.

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$592.00

Date disbursed

Mar 6, 2019

Repayment status

Late

Projected term

20 months

Lenders

cyrus0302

San Francisco, United States

lietu

Tallinn, Estonia

Kjartan

Oslo, Norway

Martin

Manama, Bahrain

T

tmsaddress

Orlando, Florida, United States

J

Jaslogic

Castle Rock, United States

Sundstroms

Falun, Sweden

ElWal

Kirn, Germany

Cloudways

Malta, Malta

P

pillepalle

Osnabrück, Germany

G

Goodwill

Oakland, United States

IM

Isak Maaseide

Tromso, Norway, Norway

Anto82

Eraclea, Italy

W

WinWinNL

The Hague, Netherlands

L

Leonora

TÄBY, Sweden

markpearson

Portsmouth, United Kingdom

G

GoughGirl

Washington, Dc, United States

A

adiipienaar

South Africa

J

jocor

Germany

S

Stephan

Netherlands

R

Robert

Berlin, Germany

MD

Miles Dodge

CORVALLIS, United States

Kristin Rhodes

Kansas City, Kansas, United States

Pedro Lopez

United States

R

Rembrandt

United Kingdom

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

Paul Smithson

Leeds, United Kingdom

roark22

Geneva, Switzerland

SB

Sue Bucholz

Sacramento, United States

E

Elynne

United States

ZA

Ziyad Alsufyani

Jeddah, Saudi Arabia

AS

Aida Smith

United States

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

I

ibaer

Germany

Ren

Minneapolis/StPaul, United States

H

Hans

Czech Republic

M

Marama

Australia

WS

Warren Shen

United States

Geoguillot

California, United States

Richard Benyon

United States

NM

Nitya Marepally

San Ramon, CA, United States

JV

Jose Vidal

New York, United States

Shane Bugeja

Mankato, Minnesota, United States

JZ

Julia Zaks

United States

BP

Bill Piper

United States

Ellen

Michigan, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Diane U

Olympia, Wa, Usa, United States

M

Margaret

United States

JF

J Fister

United States

France

Christian

Vienna, Austria

R

RMIM

United States

KA

Khaled Asmri

Saudi Arabia

WC

Walter Clarke

Phoenix, United States

TH

Tyler Harris

United States

S

Sarah

Arlington, United States

BN

Brian Neilon

United States

AS

Adam Sandland

United States

Darren Jeppson

Denver, Colorado, United States

BG

Bruce Garretson

Portland, Oregon, United States

Adam Öhman

Norrköping, Sweden

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

SN

Sam Noyce

United States

Ryan

Germany

D

Dave

Canada

Girolamo Marroccoli

Basel, Switzerland

H

hayeswmiller

United States

DK

David Kirsch

United States

M

Mika

Switzerland

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

A

Axel

Berlin, Germany

A

Anja

Germany

S

Sam

New Zealand

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