M-Pesa float for my agent line

Anne

Nairobi, Githurai 45, Kenya

100% repaid

Entrepreneur

Name

Anne

Member since

January 2016

On-time repayments

130 installments  •  48%

About Me

I am Anne Mwihaki Kariuki born in the Rift Valley part of Kenya. Started my primary School level i 1998 up to 2009 when i did my class eight when i did my final exams at primary level. From a family of seven, i have both parents who are farmers. I am the fifth born in the family. I joined Nyandarua high school in the central part of kenya in the year 2010 luckily, because my parents weren't able to pay up my fees so my grandmother took that responsibility. My parents were not able to pay my fees as a result of the post election violence that occurred. In spite of the challenges that i faced while in high school i did not give up, i kept on pushing. I got sent home for fees several times but this did not take me down i was determined to finish my secondary level. I did finish fortunately in the year 2013 but i wasn't able to join college due to lack of fees. I decided to move to Nairobi where i got my first job working as a waitress this is where i managed to save and got capital to open a general shop which i run up to date. Have also open a new salon which am running to maximize my profit.

My Business

I run a general shop which is located along Jogoo road opposite City Stadium next to Shell Petrol Station and Burma market. I really struggled to raise this business's capital because my parents weren't able to support me since they are small scale farmers and were taking responsibility of the other young ones. It took me up to one year to raise the capital for starting this shop. I have now worked for one year and a couple of months and besides challenges that am facing its really doing well. I am applying for Zidisha loan so that i am able to expand this business and also open an Mpesa shop services and hoping for a smooth run.

Loan Proposal

My business is a retail shop which is located in jogoo road near city stadium in burma market. Am looking for a loan to boost my float level since am working on a low float of 1013 usd which is giving me a profit of 709 usd per month.
Am looking for a loan of 1520 usd to boost my float level. This amount will enable me to have a higher profit of about 1500 usd per month.
This profit will enable me to expand my business and also serve my customers needs well. I will also use the profit in restocking my retail shop with new products of higher profit which are constantly being asked by my customers.
Thanks zidisha for making my dreams in business come true.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

Oct 6, 2016

Repayment status

On Time

Projected term

12 months

Lenders

Paul Buchheit

Mountain View, United States

R

Rembrandt

United Kingdom

PG

Paul Graham

United States

Anonymous

Ocoee, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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