Mpesa business

Geoffrey

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Geoffrey

Member since

September 2014

On-time repayments

264 installments  •  93%

About Me

i am Kenyan citizen aged 25,married with one child am proffesionally technician at locoal company.i finished my O leveal education and obtained a better grade and decided to join a local college of which i managed to do my diploma course.one year down the line i got a job in a local company,while in this company i managed to raise some money and decided to start up a business.being an employee in this company i gained alot of exprience in which it helped me to be forcused in life and have a postive attited toward life.sir its to my pressure to let you know that i straight forward man who always belive in posibbilty in day todays life.i like reading and travelling.

My Business

Sir,as i stated,from the small revenue i genarated while working with the said local company,i started a small kiosk new a matatu stage in Nakuru town .i this kiosk i sell plastic sodas,bescuits,nuts,afia juice and cones.I operated the kiosk for the first three months and realised that Mpesa services was in demand.due to this i managed to get a Mpesa sim card in which its realy doing good.
Sir,the introduction of that service to that kiosk affected me in terms of capital.i invested $300 to that new service andits doing really good despite the fact that i work undercash.
I decided to introduce this kind of service due to customer's demand.In a monthly commission,safaricom the main provider can give me total of $40 per month.out of this am apple rs

Loan Proposal

As soon as i receive the amount,i will take half of it to purchase new handsets/new mobile phones for my business to grow.From these commodities i will generate a good profit, since one single phone can generate a profit of up to $ 11.00.
The remaining amount will add to my Mpesa till as float to cater high demand of deposits at my business area.

Feedback

2

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$441.00

Date disbursed

Jul 25, 2015

Repayment status

On Time

Projected term

3 months

Lenders

jan73

Eugene, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United Kingdom

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  • Madesto    Mar 10, 2020

    i called geoffrey and he promised to clear his dues by the end of next month.thank you

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  • Josphat    Feb 16, 2020

    Hello lenders i have talked to Geoffrey Nyankiri and said that the business is low but we discussed and advised him to adjust the loan repayment to what he can afford.

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  • Geoffrey    Jan 19, 2020

    that is what i can manage to pay in a week time.

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  • Geoffrey    Dec 13, 2019

    Business is realy down

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  • Geoffrey    Nov 9, 2019

    In order to make my repayment on time

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  • Geoffrey    Oct 5, 2019

    i have soo many bills to sort out ie :school fees and many other.kindly allow me to adjust inoder to make my payments in time.

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  • Geoffrey    Aug 31, 2019

    Sales are relatively low

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  • Geoffrey    Jul 12, 2019

    I prefer reducing the weekly instalment inorder to make them o time since the sells are below the margin

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  • Geoffrey    Jun 7, 2019

    Profit margin is low

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  • Geoffrey    May 20, 2019

    Profit magin is low

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  • Geoffrey    May 8, 2019

    My sales magin has been going down for a while now hence i can not raise the initial installments

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  • Geoffrey    Apr 17, 2019

    To ensure continues repayment schedule

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  • Geoffrey    Mar 23, 2019

    Hae this is to confirm that i have received ksh 216366 in total.hope this will help me achive my aim.thanks leanders

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  • Geoffrey    Mar 16, 2019

    Hello. Am glad that my loan is 100% funded thanks my lenders.

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  • Geoffrey    Feb 26, 2019

    helo team zidisha , i have re payed this loan in full and on time since my business is really paying back.know i want to expand ideas with the next loan from you.i really appreciate your continuing support to the young and upcoming enterprenuer

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  • Geoffrey    Feb 19, 2019

    i stocked my shop to capacity and know is really paying,secondly i want to finish this loan in time in order to plan for another loan in time.thanks

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  • Geoffrey    Oct 17, 2018

    Am great my loan was funded in full and in time. Thanks to this fraternity.
    I managed to fund my project in time.

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  • Geoffrey    Oct 2, 2018

    Am soo happy for this favour. I will add stock to my shop hence increase of profit margin. Thanks my lenders

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  • J    Sep 30, 2018

    I hope that the remainig part of your loan will be funded soon. Good luck.

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  • Geoffrey    Sep 18, 2018

    As i said earlier, zidisha loans have made a difference in my personal life. For instance my just completed loan has enabled me to capture more customer in my location hence making a good profit margin. At my point of sale its true that i have a commanding voice of business s8nce my shop is well stocked.

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