Nancy Kageni
Nairobi, Kenya
100% repaid
Name
Nancy Kageni
Member since
April 2016
On-time repayments
217 installments • 63%
I grew up in rural area,went to rural schools and later employed. Afterwards i started doing small busines. The hardship was capital. I got a loan which was no easy to pay since business was new.Started with a loan from KWF Kshs 100,000. Struggled and registered Company which I am operating M-pesa Agency to date. Also started several cybers am still operating. My children one want to be a Magistrate, another Doctor and smaller economist. Reading bible.
I do Mpesa,cooperative,kcb,family bank,kplc Agencies. We are in digital era so everything is digitalised. About bank ,it's convenient for customers to do it everywhere,anywhere. I decided to go for bank sector to make the services readily available near their homes. I pay school fees for my children and do other investments. I now have a Cyber Cafe added to Mpesa. This is my Cyber where I am now. I sell Computer accessories.
When given this loan I will buy stock for my Cyber. The stock is all computer accessories eg photocopy papers,binding papers,photo papers, envelopes, ink etc. When I stock all these I will be getting services sales and sales from the stock. That way I increase profit margin.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,584.00
Date disbursed
Nov 9, 2018
Repayment status
On Time
Projected term
12 months
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