Safari
Roka Village, Kenya
1% repaid
Name
Safari
Member since
May 2013
On-time repayments
356 installments • 1%
my family is located in roka village in roka location in kilifi district coast province and in the newly formed kilifi county in kenya.am in a family of 8 being the third born.i schooled at roka maweni primary school till the year 2004 and later joined chumani secondary school where i completed my O level education the year 2009.Then i ventured in the small business to keep myself busy whereby i expanded slowly until last year when i introduced the mpesa services.the earnings from the business are used mainly to improve on the stock and save a bit,i also give to my family to support my young brothers and sisters since our dad passed away and we have to take care of the family as the elders together with my brother to ensure they get the basic needs.i recently completed my driving classes and i plan to do a diploma in business administration from my savings.
i have an mpesa business which i run alongside a retail shop at roka .in the retail shop i mainly deal with food stuffs,like unga, rice; sugar ;beans,pojo bread and many more. i also deal with non consumable goods like safari com lines ,airtime,soap,and photocopy services. there is demand for mpesa services because its the only one in the area.for the other products there is competition but not that stiff because am the only one who is stable in terms of stock, and also the polite and best way i serve my customers.the risk in mpesa is the con men who have real infested the mpesa system in Kenya.In the other products its only when the goods expire before sale and the circulation of fake currency.the profitability of the business is that most of the goods i deal with gives at least 40% profit on sale.the monthly expenses are approximately kes60000,sales kes90000 profit 30000
i will use ksh.10000/= to improve the stock level in my shop to ensure that customers do not miss anything they will come for in my shop. secondly, i will use ksh.2000/= to prepare a place in my premises where i will use it to introduce a new photocopying machine to ensure customers get efficient services in terms of photocopy as the current photocopy place is producing low standard copies and most customers are complaining. lastly, the remaining amount will facilitate the purchase of the photocopying machine that costs ksh.15000/= and a desktop to facilitate printing and typesetting and internet services , and this will cost ksh.10000/=. please help me in achieving this
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$423.00
Date disbursed
Feb 4, 2014
Repayment status
Late
Projected term
81 months
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