Entrepreneur
Name
Cathrine Wangechi
Member since
September 2013
On-time repayments
271 installments • 2%
About Me
i am married and a mother of five children.my eldest son is in KABARNET BOYS HIGH SCHOOL and my husband works with the ministry of health in Nakuru Town.I LIVE IN MARIGAT TOWN AND AS EXPLAINED EARLIER, I AM SITUATED AT THE LAST SHOPS AS YOU YOU GO AHEAD USING KABARNET ROAD AND ON THE LEFT OF THE ROAD THERE IS A SHOP CALLED BARAKA SHOP WHICH IS ALSO HAVING AN MPESA.(LAST SHOPS).
THAT IS WHERE I LIVE BEHIND THE SHOP AND THE TWO BUSINESS ARE MINE.
ITS IN LOT NO 210.
I WAS WORKING WITH KENYA TELECOM UNTIL THE YEAR 2011 WHERE A LARGE NUMBER OF STAFF WAS LAID OFF SINCE THE COMPANY WAS AFFECTED BY THE GROWING TECHNOLOGY AND I WAS ALSO AFFECTED.
MY HUSBAND AND I HI DECIDED TO OPEN A KIOSK AND A MPESA IN MARIGAT WHERE WE ALSO HAVE CATTLE SO AS I COULD MANAGE AND ASSIST THE FAMILY TOO.THE KIOSK IS WHERE WE SELL SELL HOUSEHOLD ITEMS AND MPESA IS WHERE WE USE MOBILE BANKING.
My Business
IN MARIGAT THERE IS VERY VIEW MPESA AGENTS AND I NORMALLY MAKE SO MANY SERVE MANY CUSTOMERS EVERY DAY.ALSO ,WE DON'T HAVE A NEAREST BANK IN THE AREA AND SO EVERY MORNING I SEND MY HUSBAND TO GO WITH CASH AS HE WORKS IN NAKURU TOWN SO SO DEPOSIT THE MONEY AND ENABLE ME MAKE DEPOSITS.
THESE HAS ENABLED US TO GET GOOD COMMISSIONS EVERY MONTH.
EVERY MONTH I MAKE OVER KSH.25000 AND DAILY SALES FOR THE SHOP RANGES FROM KSH.1000-2000.
THE BUSINESS IS PROFITABLE AND THERE ARE NO MUCH RISKS COMPARED TO THE TOWN.
I WILL REALLY APPRECIATE IF ACCORDED THE LOAN TO BOOST THE CAPITAL OF THE MPESA.
THANK YOU.
Loan Proposal
Thank you very much Zidisha for activating my loan profile.The loan will be used mainly to add more float to the M.pesa especially now that i am in a remote area where it really hard to access any banking facility.
It will also assist me greatly in reducing the constrain of finishing the float and working capital respectively very faster which will in turn increase my monthly commissions.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 11, 2013
Repayment status
On Time
Projected term
23 months
Other loans
Lenders
Luxembourg, Luxembourg
Osaka, Japan
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