Recharge cards and replacement lines for my shop

Entrepreneur

About Me

Am jescah ashiali, I come from butere Mumias, am am 32 years old married with 2 kids, I attended primary and secondary school in upcountry, I wasn't lucky enough to attend college to further my studies, I later moved to Nairobi where I stayed with my sister, she helped to get a job on a retail shop where I earn kes 6000 per amount. I saved the little I would and also helped her with house bills, I worked at the shop for like 4 years then I met my husband, we got married then we were blessed with our first child, depending on my husband's salary wasn't enough, so we put our savings together and I decided to start an Mpesa shop where I also sell cheap phones.

My Business

I have an Mpesa shop, where I also sell cheap phones, airtime and also do simcard replacement for those who have lost their lines.
I started this business 4 years ago, 8n the beginning I was only dealing with Mpesa and airtime but I started in add more services as Time went by.
In a month I make a profit of KES 15000 after taking care of other expenses, I use my profits to take care of household bills and part of it to help pay school fees for my kids.

Loan Proposal

Hello, first let me say thanks a lot for the support, I believe through this platform and your help I will be able) to to expand my business and increase my profits.
I run am Mpesa shop where I also do lost or broken lines replacements, I also sell recharge cards for airtime.
For replacing simcards i buy a card at at a wholesale price of 0.4 dollars, then sell it to customers at 1 dollar, for recharge cards I make a 5% profit from each card I sell, they come in denominations of 0.2 dollars, 0.5 dollars, 1 dollars, 2.5 dollars, 5 dollars and the highest is 10 dollars.
I will use this amount to increase my stock for the items,
I will invest 10 dollars in the recharge cards and 8 dollars to buy the replacement cards.
I hope you will consider funding my loan.
Thanks in advance and God bless you.

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Loan Info

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