Cosmas

Mtondia, Kenya

7% repaid

Entrepreneur

Name

Cosmas

Member since

May 2012

On-time repayments

17 installments  •  24%

About Me

am cosmas foleni kenga,a resident of kilifi in kenya.am married with one hard working boy who is now in class two.am now persuing a degree in business management here in kenya,iam also a busines man operating an mpesa agent within kilifi town.earnings generated from this business is used for upkeep and school fees for both me and my son.i also buy sanitary towels for the young girls who cannot afford to buy for themselves and hence help to keep them in school.

My Business

my business is purely mpesa services.demand for these is high since money circulation within kilifi town is plenty.customers prefer coming to my shops because i have been trained to do so.risks involved include stealing of cash by employees which is not so common.REVENUE 50,000 - COSTS 18,0000=KSHS 32,000/=

Loan Proposal

This being my second loan from zidisha,I will use the loan to add more float into my mpesa business and besides this i will also used to purchase one grade cow.i expect to make about Kenya shillings twenty five thousand in profits from the mpesa business.This is a monthly net income.I also expect to generate about Kenya shillings ten thousand only.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,024.00

Date disbursed

Jan 22, 2013

Repayment status

Late

Projected term

14 months

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