Cash "float" for M-PESA mobile phone payment service

Miriam

Nairobi, Kenya

87% repaid

Entrepreneur

Name

Miriam

Member since

February 2014

On-time repayments

49 installments  •  24%

About Me

Am Miriam Neema Simwelo a lady aged 29 years old . Am a mum to Royal and Psalmist and am married to Hillary Magani.Together we live in nyayo highrise along mbagathi way block G1 door 38.I work with Digital Imaging Systems. I have a bachelors in Human Resource Management. We are currently doing farming and mpesa business that we began by our personal savings and we would like to expand our businesses.

My Business

Our mpesa business gives financial aid of depositing and withdrawing cash for day to day use and sometimes due to the many customer base we command we are affected by our float (amount in our mpesa account) Our business is able to repay its loan because of the profits we make. Our farming business also does well and we intend to lease a bigger piece of land than the one we currently farm on. Our customers prefer our business due to our customer care and the fact that we consider our customers our boss without them we wouldn't be in operation.

Loan Proposal

The added amount in my float will help me serve more customers effectively. It will help build up the business profits and eventually open another mpesa outlet.By that it will also create job openings for young people who can be trusted in business. Am requesting lenders to support my business so that i can not only be a solution to my family but to Kenya,Africa and the world at large by serving people and building nations making the world a better place.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 13, 2014

Repayment status

Late

Projected term

11 months

Lenders

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

dmirpuri

Bangkok, Thailand

A

ATMiller

United States

F

FindaY

United States

Ask Miriam a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...