Starting up an mpesa shop business

Jacob

Kiembeni, Kenya

28% repaid

Entrepreneur

Name

Jacob

Member since

January 2017

On-time repayments

152 installments  •  63%

About Me

Hello, my name is Jacob Munyao i am from Kenya - Mombasa. i am a hardworking person, trustworthy and humble. I started primary school at the village whereby i had to walk for 3km. i managed to finish my primary education with flying colours and joined Secondary school at a local town. Though the life at high school was hard with a lot of hindrance like being sent home for fees i also managed to succeed my finals exams with good grades and joined university but i could not continue any further due to insufficient funds, i decided to start my own cybercafe business with the help of my friends who donated some computers. the business is high on demand at our village

My Business

i work in a cybercafe whereby i offer services computer classes which can cost $50 per person, printing, photocopy, laptops and mobile repairs costing about $8 depending on the damage of the laptop. the business is high on demand since many people need their laptops or mobile phone fixed in order to resume their office duties. in terms of profit i usually make a reasonable amount usually ranging from $5 - $12 daily. i use the profits to give back to the society and also add more computers for my business.
if i receive the loan, my main aim would to buy a photocopy machine that would increase my income by 26% hence help in repaying the loan. God bless Zidisha organisation and the lenders

Loan Proposal

I am planning to open up an mpesa shop within the premises of my cybercafe business. these two business will go hand in hand in boosting up my profits. in a single day i can manage to carry out more than 50 transactions translating to Ksh 5000 per day in profits alone, more clients will also be lured to the new addition of the mpesa services since it is widely used in my estate.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$791.00

Date disbursed

Aug 16, 2017

Repayment status

Late

Projected term

41 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$221.27

Amount remaining

$569.86

Expected completion

Mar 1, 2020

Status

Repaying late

Installment amount

$1.98

Repayment History

Expected Payments Actual Payments
Aug 27, 2017 $14.82 Aug 26, 2017 $14.82
Sep 3, 2017 $14.82 Sep 4, 2017 $14.82
Sep 10, 2017 $14.82 Sep 11, 2017 $14.82
Sep 17, 2017 $0.00
Sep 24, 2017 $1.98 Sep 18, 2017 $1.98
Oct 1, 2017 $1.98 Sep 25, 2017 $1.98
Oct 8, 2017 $1.98 Oct 3, 2017 $1.98
Oct 15, 2017 $1.98 Oct 8, 2017 $1.98
Oct 22, 2017 $1.98 Oct 21, 2017 $1.98
Oct 29, 2017 $1.98 Oct 27, 2017 $1.98
Nov 5, 2017 $1.98 Nov 3, 2017 $1.98
Nov 12, 2017 $1.98 Nov 11, 2017 $1.98
Nov 19, 2017 $1.98 Nov 17, 2017 $1.98
Nov 26, 2017 $1.98 Nov 17, 2017 $1.98
Dec 3, 2017 $1.98 Dec 3, 2017 $1.98
Dec 10, 2017 $1.98 Dec 8, 2017 $1.98
Dec 17, 2017 $1.98 Dec 8, 2017 $1.98
Dec 24, 2017 $1.98 Dec 17, 2017 $1.98
Dec 31, 2017 $1.98 Dec 24, 2017 $1.98
Jan 7, 2018 $1.98 Jan 1, 2018 $1.98
Jan 14, 2018 $1.98 Jan 8, 2018 $1.98
Jan 21, 2018 $1.98 Jan 14, 2018 $1.98
Jan 28, 2018 $1.98 Jan 21, 2018 $1.98
Feb 4, 2018 $1.98 Jan 28, 2018 $1.98
Feb 11, 2018 $1.98 Feb 4, 2018 $1.98
Feb 18, 2018 $1.98 Feb 13, 2018 $1.98
Feb 25, 2018 $1.98 Feb 19, 2018 $1.98
Mar 4, 2018 $1.98 Feb 27, 2018 $1.98
Mar 11, 2018 $1.98 Mar 6, 2018 $1.98
Mar 18, 2018 $1.98 Mar 13, 2018 $1.98
Mar 25, 2018 $1.98 Mar 20, 2018 $1.98
Apr 1, 2018 $1.98 Mar 27, 2018 $1.98
Apr 8, 2018 $1.98 Apr 3, 2018 $1.98
Apr 15, 2018 $1.98 Apr 10, 2018 $1.98
Apr 22, 2018 $1.98 Apr 17, 2018 $1.98
Apr 29, 2018 $1.98 Apr 22, 2018 $1.98
May 6, 2018 $1.98 Apr 29, 2018 $1.98
May 13, 2018 $1.98 May 8, 2018 $0.99
May 8, 2018 $0.99
May 20, 2018 $1.98 May 15, 2018 $1.98
May 27, 2018 $1.98 May 22, 2018 $1.98
Jun 3, 2018 $1.98 May 29, 2018 $1.98
Jun 10, 2018 $1.98 Jun 6, 2018 $1.98
Jun 17, 2018 $1.98 Jun 13, 2018 $0.99
Jun 13, 2018 $0.99
Jun 24, 2018 $1.98 Jun 21, 2018 $1.98
Jul 1, 2018 $1.98 Jun 29, 2018 $0.99
Jun 29, 2018 $0.99
Jul 8, 2018 $1.98 Jul 9, 2018 $1.98
Jul 15, 2018 $1.98 Jul 15, 2018 $0.99
Jul 15, 2018 $0.99
Jul 22, 2018 $1.98 Jul 28, 2018 $1.98
Jul 29, 2018 $1.98 Aug 5, 2018 $1.98
Aug 5, 2018 $1.98 Aug 9, 2018 $1.98
Aug 12, 2018 $1.98 Aug 9, 2018 $1.98
Aug 19, 2018 $1.98 Aug 23, 2018 $1.98
Aug 26, 2018 $1.98 Aug 28, 2018 $1.98
Sep 2, 2018 $1.98 Sep 3, 2018 $1.98
Sep 9, 2018 $1.98 Sep 10, 2018 $1.98
Sep 16, 2018 $1.98 Sep 26, 2018 $1.98
Sep 23, 2018 $1.98 Oct 7, 2018 $1.98
Sep 30, 2018 $1.98 Oct 15, 2018 $1.98
Oct 7, 2018 $1.98 Oct 26, 2018 $1.98
Oct 14, 2018 $1.98 Nov 3, 2018 $0.99
Nov 3, 2018 $0.99
Oct 21, 2018 $1.98 Nov 20, 2018 $0.99
Nov 26, 2018 $0.99
Oct 28, 2018 $1.98 Nov 28, 2018 $1.98
Nov 4, 2018 $1.98 Nov 29, 2018 $0.99
Nov 29, 2018 $0.99
Nov 11, 2018 $1.98 Dec 4, 2018 $0.99
Dec 4, 2018 $0.99
Nov 18, 2018 $1.98 Dec 11, 2018 $1.98
Nov 25, 2018 $1.98 Dec 18, 2018 $1.98
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.99 Jan 8, 2019 $0.99
Jan 27, 2019 $0.99 Jan 8, 2019 $0.99
Feb 3, 2019 $0.99 Jan 19, 2019 $0.99
Feb 10, 2019 $0.99 Jan 27, 2019 $0.99
Feb 17, 2019 $0.99 Feb 7, 2019 $0.99
Feb 24, 2019 $1.98 Feb 14, 2019 $0.99
Feb 22, 2019 $0.99
Mar 3, 2019 $1.98 Feb 25, 2019 $1.98
Mar 10, 2019 $1.98 Mar 4, 2019 $1.98
Mar 17, 2019 $1.98 Mar 15, 2019 $1.98
Mar 24, 2019 $1.98 Mar 18, 2019 $1.98
Mar 31, 2019 $1.98 Mar 27, 2019 $1.98
Apr 7, 2019 $1.98 Apr 11, 2019 $1.98
Apr 14, 2019 $1.98 Apr 11, 2019 $1.98
Apr 21, 2019 $1.98 Apr 25, 2019 $1.98
Apr 28, 2019 $1.98 Apr 25, 2019 $1.98
May 5, 2019 $1.98 May 24, 2019 $1.98
May 12, 2019 $1.98 May 28, 2019 $1.98
May 19, 2019 $1.98 Jun 12, 2019 $1.98
May 26, 2019 $1.98 Jun 20, 2019 $1.98
Jun 2, 2019 $1.98 Jun 21, 2019 $1.98
Jun 9, 2019 $1.98 Jun 21, 2019 $1.98
Jun 16, 2019 $1.98 Jun 22, 2019 $1.98
Jun 23, 2019 $1.98 Jun 24, 2019 $1.98
Jun 30, 2019 $1.98 Jun 24, 2019 $1.98
Jul 7, 2019 $1.98 Aug 7, 2019 $1.98
Jul 14, 2019 $1.98 Aug 17, 2019 $1.98
Jul 21, 2019 $1.98 Aug 21, 2019 $1.98
Jul 28, 2019 $1.98 Aug 22, 2019 $1.98
Aug 4, 2019 $1.98 Aug 25, 2019 $1.98
Aug 11, 2019 $1.98 Sep 4, 2019 $1.98
Aug 18, 2019 $1.98 Oct 26, 2019 $1.98
Aug 25, 2019 $1.98
Sep 1, 2019 $1.98
Sep 8, 2019 $1.98
Sep 15, 2019 $1.98
Sep 22, 2019 $1.98
Sep 29, 2019 $1.98
Oct 6, 2019 $1.98
Oct 13, 2019 $1.98
Oct 20, 2019 $1.98
Oct 27, 2019 $30.43
Nov 3, 2019 $30.43
Nov 10, 2019 $30.43
Nov 17, 2019 $30.43
Nov 24, 2019 $30.43
Dec 1, 2019 $30.43
Dec 8, 2019 $30.43
Dec 15, 2019 $30.43
Dec 22, 2019 $30.43
Dec 29, 2019 $30.43
Jan 5, 2020 $30.43
Jan 12, 2020 $30.43
Jan 19, 2020 $30.43
Jan 26, 2020 $30.43
Feb 2, 2020 $30.43
Feb 9, 2020 $30.43
Feb 16, 2020 $30.43
Feb 23, 2020 $30.43
Mar 1, 2020 $2.28

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