Retail shop & mpesa

Daniel

Kitale, Kenya

11% repaid

Entrepreneur

Name

Daniel

Member since

February 2017

On-time repayments

128 installments  •  44%

About Me

Hello Lenders, my name is Daniel Barasa, a young graduate striving to better my life through self-employement, i am a very determined person, self motivated and very hard working, i am a graduate of Business education and as i continue looking for employment, i have started am Shop and M-pesa business with which i have been earning my income. I wish that my business grows to become even a company someday, and it is because of this dream that i am looking for extra finances so that my business can be able to run smoothly and serve my customers even more efficiently, so i hope you lenders consider me and walk with me through this journey. I promise you that i will invest this funds properly and will keep repaying my loans on time. And i also promise that incase of any unforeseeen difficulties, which i hope will not arise, i will sincerely log in here and explain. One day, i will look back and say, yes! Zidisha realy helped me and held my hand to grow in business. Thank you in advance as you consider my application.

My Business

I run a Shop and M-pesa business, M-pesa is a mobile money transfer service in kenya offered by Safaricom. This business needs me to have sufficient float in order to serve my customers well in terms of accepting customers deposits and facilitating of withdrawals. the funds you loan me will therefore be invested in the business as float to help me run smoothly. I have also introduced a Shop in my M-pesa so that as customers withdraw funds from their mobile wallets, they may also shop for the items and commodities that they need. The shop section for now is mainly dealing with fast moving commodities such as sugar, salt, soap, flour, cooking oil, body lotions and oils, rice, detergents, etc. Am hoping that as i keep moving forward with Zidisha, i may introduce even more commodities.

Loan Proposal

First, am happy to report that with the previous loans i have been getting and the resulting profits that i made, they have enabled me to introduce a new retail shop section in my business where i sell fast moving commodities such as sugar, rice, flour, soap, coocking oil, etc. Therefore, for this loan that i am sourcing, part of the money i will invest as working float in my Mpesa mobile money transfer section where customers will be able to deposit and withdraw funds to/from their mobile wallets, and i will earn commision for facilitating those transactions. Part of the loan i will use it to buy more stock of commodities from wholesales and re-sell them in my shop at retail prices in smaller quantities and hence also make a profit margin. The profits that i will get will still be re-invested in the business and also pay for the loan, part of the profit will also be used to cater for my living expenses and pay school fees for my brother who is completing his O-level in November this year.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$147.00

Date disbursed

Sep 10, 2017

Repayment status

Late

Projected term

43 months

Lenders

P

Peter

München, Germany

BelleStarr

Albuquerque, United States

AltruisticSelfishnes

Chicago, United States

ErikN

Stockholm, Sweden

Raoul72

Naarden, Netherlands

H

Houdini314

Elwood, United States

A

anonymus

Moon, United States

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

D

Darish

Clarksville, United States

B

briansedz

Canton, Ohio, United States

AlexPalavas

Palavas les Flots, France

L

Lenore

Munich, Germany

Cloudways

Malta, Malta

S

samuk

Nottingham, United Kingdom

R

Rearden

STAVANGER, Norway

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

A

acolomitchi

Eynesbury, Australia

K

kjustad

Asker, Norway

gseletko

South Perth, Australia

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

M

mibrahim51

Mountain View, United States

C

Clben7

Cincinnati, United States

mole333

Brooklyn, United States

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

P

plhughes

United States

joshuacollinson

Vienna, Austria

mepster

San Francisco, Ca, United States

T

timnj

United States

K

Keith

Luxembourg

K

kennychit

United States

F

frenchy

United States

SuperMario28

Cudahy, United States

Gab

Singapore

W

Wade

United States

PT

Pattie Thomas

United States

M

Mart

United Kingdom

Taylor

United States

A

Ashley

United States

N

Nick

Greater London, United Kingdom

N

Nick

United States

A

Andrei

United States

Eugen Stamm

Zurich, Switzerland

Taylor

Memphis, United States

MT

Marco Tietz

United States

UK

Uday Kolluri

New York, Singapore

Gabriel Fenili

Santo André, Brazil

Joelle Steiver

Brumunddal, Norway

RC

Rudi Chen

United States

NM

Neil M

London, United Kingdom

Bill Ballew

Kansas City, Missouri, United States

JA

Jan Andresen

Hamburg, Germany

Raymond Murphy

Carson Valley, NV, United States

J

Jon

United States

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

A

Ayan

United States

D

Dalton

San Francisco, United States

Haroon S

United States

NG

Nathan Grey

United States

Dean Suminski

Portland, Oregon, United States

JF

J Fister

United States

Mike

Indianapolis, United States

Paul Buchheit

Mountain View, United States

AB

Ashira Blazer

United States

rob baird

Darwin Australia, Australia

HH

Helen Horseman

United Kingdom

United States

JN

Julie Noel

United States

J

Joe

Canada

E

Emma

Australia

R

Ryan

United States

MB

MW Brown

United Kingdom

Sadie Weiss

Knoxville, United States

J

JB

Germany

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