Stock of phone accessories and plastic bags

Jacinta

Nairobi, Kenya

77% repaid

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How it Works

Entrepreneur

Name

Jacinta

Member since

June 2014

On-time repayments

95 installments • 64%

About Me

My names are Jacinta Mutanu Musau and I am 46 years old. I live in Kenya. I am married with 2 children. My first born is 24 years old and working, and my second is 6 years old; he is in class one. I was born in Nairobi and went to my primary and secondary school in the Rift Valley. After finishing school, I did accounting and computer engineering. I have traveled wide in Europe and Africa. I currently live in Ruai in Nairobi.

My Business

I was employed for a number of years, but when I became sick I decided to start my own business. Currently, I teach computer packages to people joining university and people without prior knowledge who need advancement. I also sell packaging papers to shop owners in my neighborhood.

My typical costs are electricity bills and traveling. It my wish to expand my business and hopefully start a cybercafe and computer workshop where I will be able to repair people's computers. My revenue is on average KES 20,000 ($194 USD) per month. My profits normally go to school fees, clothing, shelter and maintenance and also reinvesting back.

The previous story was my story years back. Currently, I operate a shop whereby I sell plastic bags and operate M-Pesa services. It is a new business and at the moment everything is as I had envisioned. My dream is to be able to sustain myself and expand and open another shop.

Loan Proposal

I will buy stock of plastic bags worth KES 3,500 ($34 USD), phone accessories worth KES 3,000 ($29 USD), and airtime to sell at my shop worth KES 2,000 ($19 USD). Increasing my stock will improve my profits by approximately 20% and I will increase and attract more customers. This will be because one can get all they need under one roof -- and choice, too.

Show original English

About Me

My names are Jacinta Mutanu Musau and i am 46 yrs old,i live in Kenya.I am married with 2 children my first born is 24yrs and working, and my second is 6 years old, He is in class one. I was born in Nairobi and went to my primary and secondary school in the rift valley.After finishing school i went and did accounting and computer engineering. I have traveled wide in Europe and Africa.I currently live in ruai in Nairobi.

My Business

I was employed for a number of years but when i became sick i decided to start my own business.Currently I have a shop where I sell packaging papers n operate mpesa services.My typical costs are rent n electricity cost at the shop.It my wish to expand my business by increasing my stock n adding more float to mpesa.My revenue is on average KES 20000 per month.My profits normally go to school fees, clothing,shelter and maintenance and also reinvesting back.
It is a new business and at the moment everything is as i had envisioned. My dream is to be able to sustain myself and expand and open another shop.
Previously in my repayment I fell short but now it will be different because I have been able to expand business wise n experience.

Loan Proposal

I will buy stock on plastic bag worth KES 3500 and phone accessories KES3000 and airtime to sell at my shop worth KES.2000. By increasing my stock it will improve my profits by approximately 20% and i will increase and attract more customers. This will be as result one can get all they need in one roof and choice too.This will also enable me to pay my loan promptly as agreed.