Add more stock to my shop & expand business by adding Mpesa service

Daniel Machooka

Mochenwa, Kenya

100% repaid

Entrepreneur

Name

Daniel Machooka

Member since

August 2015

On-time repayments

263 installments  •  73%

About Me

My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.
Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.

My Business

Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.
From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.

Loan Proposal

my dear lenders I wish to apply for the loan to expand my business in some areas which has shown a big demand from my loyal customers and the one who join me every day,because this are my pillars which support me always to repay my loan I really respect them.As we are approaching august holiday the business will be good because children will be at home .
Areas which I would like to invest much is in food like maize flour because within my area most people consume this commodity so much.
Maize flour $ 142.85
Due to the demand of customer to get easier way to pay their goods and transacting money within and out of my town I want to add Money transaction Agent (Mpesa) this will boost my business a lot according to my research I have done,This will cost$ 285.7
Baby dippers this commodity most of shops within my area don't sell them because they prefer them as not of value but it is my secret because every day I can sell some pieces like any shop selling flour or other goods this will cost $81 plus on top of this I will add sanitary towels which will cost $57.14.
Lastly I will add soft drinks like mineral water,ready to drink juice and sweets which most people consider as for children but they can bring good profit by the end of the day,which will cost $71.4.
By adding this in my stock I hope by the end of the day it will increase my profit and my payments will be very very easier like my last loan repayment.My prayer is that may one day be a successful and among the entrepreneur men in my country,lastly my promise is that I will repay my loan on time as I have indicated above,Thank you all may God bless you.

Show original English  

About Me

my name is Daniel Machooka who is was raised in a christian family of eight,but unfortunately I lost my father in tender age,my mum took the responsibility,I grew up like other children.when I realized what my mum was going through, I decided to assist my mum with all my effort,to do some manual work to assist even buying school uniform and small things.I went through primary level,secondary level. due to lack of fees I managed to get a certificate in Plumbing and pipe fitting.
Due to what I went through it made me to focus far,so that my I live a great and better life.I have worked hard to change what we used to be all seen to be,live do change.

My Business

`KEROSENE DEPOT
As additional to my previous loan of $990.4 of November 2017 I managed to purchase and install the kerosene pump as I stated from previous loan proposal .All went well no problem so far so good.as a matter of fact the customers are so happy because`the quantity is much more and quality is best what they trust,the demand has gone higher as you know even if the competition is there am much higher than them,its your effort which has taken me so far.From my last loan I managed to make around 50% almost equal to$490 which assisted me to clear my loan, bills in advances,and the remaining I added in my growing business. Am happy that the business is growing every day.

Loan Proposal

my dear lenders I wish to apply for the loan to expand my business in some areas which has shown a big demand from my loyal customers and the one who join me every day,because this are my pillars which support me always to repay my loan I really respect them.As we are approaching august holiday the business will be good because children will be at home .
Areas which I would like to invest much is in food like maize flour because within my area most people consume this commodity so much.
Maize flour $ 142.85
Due to the demand of customer to get easier way to pay their goods and transacting money within and out of my town I want to add Money transaction Agent (Mpesa) this will boost my business a lot according to my research I have done,This will cost$ 285.7
Baby dippers this commodity most of shops within my area don't sell them because they prefer them as not of value but it is my secret because every day I can sell some pieces like any shop selling flour or other goods this will cost $81 plus on top of this I will add sanitary towels which will cost $57.14.
Lastly I will add soft drinks like mineral water,ready to drink juice and sweets which most people consider as for children but they can bring good profit by the end of the day,which will cost $71.4.
By adding this in my stock I hope by the end of the day it will increase my profit and my payments will be very very easier like my last loan repayment.My prayer is that may one day be a successful and among the entrepreneur men in my country,lastly my promise is that I will repay my loan on time as I have indicated above,Thank you all may God bless you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$677.01

Date disbursed

Aug 16, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $27.89

Lenders

BelleStarr

Albuquerque, United States

Zidisha

Sterling, United States

Cloudways

Malta, Malta

rhagen

New York, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Hedwich

Gorssel, Netherlands

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

B

BobSloss

United States

K

Keith

Luxembourg

Gab

Singapore

MW

Matt Willis

United States

Thomas

Sweden, Sweden

K

Katka

St Albans, United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

A

Anonymous

United States

A

Anonymous

United States

TB

Tim Barrett

United States

MS

Merel S

Netherlands

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