Opening an mpesa money transfer service

Harron Lang'at

Embakasi Village In Nairobi; Kenya, Kenya

44% repaid

Entrepreneur

Name

Harron Lang'at

Member since

February 2014

On-time repayments

272 installments  •  23%

About Me

Harron is married with one daughter. I am a small businessman courtesy of Zidisha. late last year i had a business idea but not the capital to start, after googling around my friend told me about Zidisha and here i am. So by the grace of God I started my business on January 2014 when i got the loan from Zidisha.
Currently, i ran a small business, a Beauty Shop called Carah's Beauty Shop which has most products needed for beauty at affordable prices, and FYI i sell genuine products, i won't "bleach" your faces ladies. THANK YOU ZIDISHA TEAM.

My Business

My dream is to be self employed one day. Where i live, i realized that most youths of that area love beauty; its part and parcel of their daily living and therefore i decided to do beauty stuff. On January 5, 2014 i started a Cosmetics' Shop called Carah's Beauty along North Airport road towards Jomo Kenyatta International Airport. I was able to add a lot of stock from the Zidisha loan especially the 2nd loan of USD150. Lately, i have realized i should buy an Mpesa money transfer line and operate both business under same roof so as to gain more profits to improve on the stock quantity and quality.
I am very sure even if Beyonce and Jay Z pass by this road, they'll stop to shop from my shop.
I therefore borrow a loan of USD450 from Zidisha lenders so as to expand my Business. i have been loyal with the repayments of the previous loans and i hope this grants me a better level of trust to the lenders.The business will definitely start repaying on time. Thanks.

Loan Proposal

Once again let me thank you all for lending me the previous loan to expand my business up to where it is now, the current stock is able to run it well though i am still adding the stock. I was able to add a lot of stock from the Zidisha loan especially from the second loan of USD150. Lately, i have realized i should buy an Mpesa Money Transfer Line and operate both businesses under same roof so as to gain more profits to improve on the stock quantity and quality hence employing more jobless youths. Mpesa Money Transfer Service is offered by the largest service provider in Kenya; The Safaricom Kenya Limited hence its safe and legal. I am kindly requesting that you may fund me a loan of USD 450 so that i may start this business. The minimum float to start the service is USD 410 but the higher the float the more the profits. This service doesn't require much space and i am therefore using a small space at the corner of my Beauty Shop to operate it. Once i get the funds, i will employ one more person as an Mpesa Service attendant to help in the transactions. From my earlier uploaded photos, you can see i have already branded that corner of the shop and put a sign post outside to direct the clients. Also from this profits, i will also be able to add the stock of my Beauty Shop and after a short while it will employ one more person as i look for more money open another money transfer service. My dream is to open a Mini Supermarket then God wiling a Supermarket later. i promise to continue complying with the terms and conditions that are required concerning the repayment of my loans. i will appreciate your support again of the amount stated above and hope it will be of much help to my business. Thank You Zidisha Team.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.00

Date disbursed

Jul 21, 2014

Repayment status

Late

Projected term

62 months

Lenders

J

jjonas

berlin, Germany

T

tonilends

catalonia is not:, Spain

Cloudways

Malta, Malta

P

penguin3694

Chicago, United States

Jouni

Finland

ads68

Melbourne, Australia

panamaman

Philadelphia, United States

fairspirit

Utrecht, Netherlands

JPadgett

Chandler, United States

gseletko

South Perth, Australia

Sarasota

Sarasota, Fl, United States

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

ShaneHeneghan

Galway, Ireland, Belgium

markpearson

Portsmouth, United Kingdom

Matching Fund

Sterling, United States

P

Panda6689

United States

Vesa

Helsinki, Finland

Loungin

United States

Mikers

Netherlands

K

KiraDee

United States

D

dh1423

United States

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