Sale of airtime (mobile phone top up or recharge

Mike

Ongata Rongai, Kenya

39% repaid

Follow Mike

How it Works

Entrepreneur

Name

Mike

Member since

October 2014

On-time repayments

54 installments • 19%

About Me

My name is Mike KASYOKI,am married to one wife and blessed with 3 boys namely Edwin,Samuel and Emmanuel i run a small business of distributing airtime .my schooling o level.my hobbies are playing foot ball ,watching motivational DVD , singing,and listening to gospel music.i am an out going person ,i also do multi level marketing , selling food supplements .
i like socializing and making new friends

My Business

I will use the profits i make from the business to repay the loan ,my turnover is ksh800 per day ,food per day is ksh250,rent ksh200 per day ,savings will be ksh 350 per day 'therefore i will be able to repay the loan and add on more stocks.With enough airtime stocks i will have a good cash to run the business .With this growth i will be able to make many clients and increase my income. i have a job on the other side which caters for my bills and with this loan i will be able to have enough cash to run both my business plus my family affairs

Loan Proposal

i will buy more stocks of airtime , air time is a basic need in kenya ,about 30 million people buy airtime daily therefore the market is wide.i will be able to sale bore airtime daily and i will be able to have a good return on the capital . I will use the profit to increase the stocks and pay off the expenses , even pay the loan