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Tonny

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Tonny

Member since

November 2020

On-time repayments

40 installments  •  45%

About Me

I am Tonny Clarke Omondi,from Nyakach anding'o opanga, I am a 5th born child in a family of 7.Currently am taking diploma in business management at the university of chuka while also involved in a small retail business of general goods and mpesa shop.my premise is located at kondele in Kisumu county,Kenya.

My Business

I deal in m pesa business plus a retail shop of general goods, the mpesa is simply a platform in which withdrawals and depositing of cash is done online hence creating an environment in which customers get access to goods an services without necessarily handling cash at hand.On the other hand I also buy goods in bulk directly from producers,break then sort them once all this is done I look for market of the products in both urban and rural customers then deliver them personally to customers location.

Loan Proposal

I am intending to increase my stock level tremendously which will encourage me to look for more market of the goods am dealing with, I will also increase my float on mpesa in order to serve a vast number of my customers

Income Source

Since I am able to access goods at cheaper prices I also sort these goods and sell then at relatively cheaper prices compered to other premises,this makes me to have a wider market.i also look for markets in both rural and urban and also relieve my customers from distribution expenses by delivering goods to their comforts.this ensures I make more sales hence able to pay my loans without difficulties.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

Dec 7, 2020

Repayment status

On Time

Projected term

1 week

Lenders

B

bea

Australia

A

Andy

United States

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