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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 13, 2014
Repayment status
Late
Projected term
11 months
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