Increase cash "float" for M-PESA mobile phone payment service

Enoch

Nakuru East, Kenya

100% repaid

Entrepreneur

Name

Enoch

Member since

September 2013

On-time repayments

266 installments  •  28%

About Me

I am running a Mpesa shop where I deal with almost all customers from this area as there is no other Mpesa. I started this business because the opportunity was there for me to start and there was no one else in this shopping centre who had thought of making life a bit easy for r4esidents by bringing it closer to home. Most of the residents had to go to eith White house or to J.B shopping centre. I also have started a chemist which is adjacent with the Mpesa. Infact the same room is Mpesa and the chemist. What I have done is just subdivided the room to make the chemist more spacious and small section as the Mpesa office.

My Business

When I started this business I was using my profit to buy a few drugs to sell in the Chemist as I did not have enough funds to fully stock the chemist. At the moment it could be more profitable if I had more stock in the chemist as most of the residents get disappointed when I tell them that I do not have a certain drug, I would appreciate you very much if you started to loan me with some money to stock the chemist with more drugs especially the original drugs as we have to sell the non original drugs which is affordable to the residents, but we do have some who request for the original as they can afford it. I also which to make the place more attractive, by putting live flowers at the door, repainting the building. A more attractive and beautiful place attracts customers and this is what I would hope for I will really appreciate if you will be able to understand and loan me the money. Thank you and God bless you.

Loan Proposal

I have a Mpesa business which I have been doing know for 3 years at St. John Teachers Centre in Kiti. This business has helped me to do my normal payments and debts that I have and I would appreciate it if you would boost me to be able to pay either for the license or increase on the deposit.

It is not easy to be able to sometimes give the money that a customer wants as one does not have the deposit or floating money. So If it were possible to increase the float I will be able to make my customers happy as whenever and what ever the amount they want I will be able to give them . God bless you as you accept to help me.l

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 23, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

E

Escalada

Bakersfield, CA, United States

J

jcmfl

United States

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Summary

Amount repaid

$51.20

Amount remaining

$0.00

Date repaid

May 7, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 4, 2014 $10.14 Mar 28, 2014 $5.65
Apr 11, 2014 $4.49
Apr 11, 2014 $10.14 Apr 11, 2014 $1.15
Apr 16, 2014 $8.99
Apr 18, 2014 $10.14 Apr 16, 2014 $2.78
Apr 23, 2014 $7.36
Apr 25, 2014 $10.14 Apr 23, 2014 $4.40
Apr 30, 2014 $5.74
May 2, 2014 $10.14 Apr 30, 2014 $0.02
May 7, 2014 $10.12

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