Mpesa and airtel money till money transfer business

Walter Okeyo

Uhanya Beach, Kenya

100% repaid

Entrepreneur

Name

Walter Okeyo

Member since

January 2015

On-time repayments

245 installments  •  91%

About Me

My name is Walter Ndege Okungu okeyo i was born 30th August 1984in a family of eight, seven boy and a girl and am the 4th born, I joined rapogi primary school in 1992 to2000 where I did my kcpe later I join otieno oyoo secondary school in2001 up to 2004 then i join chemelil driving school in 2005 later in 2008 I got employed by east african sea food company up to 2010 since then I started doing business. The year 2013 I got married to my lovely wife RHODA a year later we are blessed with a daughter.life became difficult when i lost my parents in the year 1996 then my uncle took care of us.my people are fishermen.my daughter wants to be a doctor when she grow up.my free time i like walking a long the beach and listening to music

My Business

My business is dealing food and beverage, I started it in the year 2008 with the savings I got from where I was employed, and am hoping to add more stock if you give me that loan.being that people around here are fishermen and some of them don't have their wives around,they come to my place to eat.i started it because my father was in that business before.Am getting between 5 to 8 dollars a week.my daughter is still young so i use the profit i get to grow my business.

Loan Proposal

I'll use the loan to add more money to my Mpesa and Airtel money transfer business this will range to almost &1300(dollars) if possible, this will benefit my family and neighbour since I'll be getting profit monthly which will help me pay my children school, medical expenses and to my neighbours it will help them get money any time at no cost of transport since in our place there is no anyother Mpesa or Airtel money. This will also help them even smaller amount without thinking of transport cost. This will increase my profit in a bigger margin since I start with small amount i believe with more money, many customers, more profit. I expect my profit to increase to almost 35%.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,379.12

Date disbursed

Jan 8, 2018

Repayment status

On Time

Projected term

26 months

Cost to entrepreneur

Service fee: $61.09

Walter opted to pay $328.22 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

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Stephan

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dsfranz

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Wade

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EB

Ellen Batten

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B

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RC

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cchhrriiss

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Mike

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Paul Buchheit

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SF

steven frank

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