Mpesa shop

Paul

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Paul

Member since

October 2018

On-time repayments

10 installments  •  40%

About Me

I am Paul Amoke. I reside in kisumu and I do have an Mpesa shop. Access to credit facilities has been a challenge because of the high interest rates chargedby lenders and I hope zidisha will be my business growth Partner.

My Business

I run an Mpesa shop located at Kisumu Bus Park. It's a wonderfully location to do business because of the large traffic of customers. The large traffic requires a large amount money so as to maintain the daily customers.
With Zidisha I know that I will grow to be a dealer one day.

Loan Proposal

I will add the amount to my operating float. then use it to transact in the business to reap profit.
When customers withdraw cash or make cash deposits i am awarded commission by my service provider, safaricom.
for usd1 it will attract a commission of USD 0.04 for everyone transaction. meaning that if I run with it for seven days it will attract a profit of at least USD 0.28 This translates to a profit of 28% for the seven days.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Nov 2, 2018

Repayment status

On Time

Projected term

1 week

Lenders

ads68

Melbourne, Australia

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  • Paul    Mar 11, 2019

    I want to buy stock for my shop.
    I will get some bags that customers have been asking for.
    Thank you very much for your support.

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  • Paul    Mar 11, 2019

    Thank you lenders for your support I have been able to expand my shop. Ave added bags and cosmetics.

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  • Paul    Nov 3, 2018

    I used the amount to top up my floating my mpesa till.

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  • Paul    Oct 31, 2018

    hello lenders, first I would like to thank you very much for offering such an exclusive platform for getting loans. I used the fist loan in my mpesa business. the returns were negligible bit I gained alot because I have earned your trust and my loan limit has been increased nine folds.
    I will use the next loan in my business still and later when I can qualify for larger loans I will relocate to a more lucrative space like in a mall or supermarket.

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