Kickstart Mobile Banking, Airtime, and Electricity Token Sale Projects

Eric Gichane

Nairobi, Kenya

100% repaid



Eric Gichane

Member since

May 2014

On-time repayments

342 installments  •  68%

About Me

I am a young self motivated, passionate, focused, trustworthy and hardworking businessman, I am a Kenyan living in Nairobi, passionate about job creation to the young people. I see a great future in entrepreneurship in the very near future.

Professionally: I am a Licensed Pharmaceutical Technologist, Passionate for my profession and always striving to achieve excellent pharmaceutical practice. I am a key leader for our pharmacy professional body as the National S.G.

The Practice: I am honored to serve patients from all walks of life and facilitate their access to life saving treatment and interventions at the job-level and Interactive/social-level. I got an all-round experience from Community Pharmacy Practice, Mission Hospital based Practice, Private Hospital Based Practice and Institutional Pharmacy Practice.

I enjoy meeting people and making new friends. I am a mentor too, I love inspiring others. My dream is to grow my businesses and offer more meningful job opportunities to many.

My Business

I run a cybercafe, two microbuses and two three-wheeler tuk-tuks for public service transportation which are all doing well now. I have 9 employees now and hope to expand more with this loan.
The Cybercafe business has been there since February 2014 and really shot up income-wise since investing my last zidisha loan amount in a Konica Minolta Bizhub C360 Printer and camera and after I got a strategic location that has higher customer traffic. This gives me the enthusiasm to equip it further.

Having excelled in Tuk Tuk public transport service and the spare parts garage kicking on well, I am now venturing into microbus transport services. I intend to buy one more second hand Suzuki Every which costs USD 4,500. It's a seven-seater with a daily net return of USD 15.

Zidisha can currently give me USD 2,985. I will raise the difference. (I have it ready)

I intend to use the loan to fully finance this transport business portfolio expansion venture.

In addition to my other businesses in the public transport industry and the IT/Cyber sector, the new investment in a Suzuki Every vehicle will bring in an estimated average net income of USD 15 per day at the onset.

I have repaid Zidisha Loans before and I can confirm that I will be able to repay back the loan funding in good time.

Loan Proposal

When granted the USD 880 Loan I will buy Token and airtime Vending Machine at USD200. and Put a working float of USD 100. With this machine I will be ble to sell airtime for four major mobile phone services= providers in Kenya, every transaction I make on airtime I will get 6% commission, I will also be able to do Electricity token sales at 2% commission, Mpesa Line and float will cost USD300 the commissions are pegged to the amount and type of transaction - deposits and withdrawals. The rest of the money in the loan will go into set up, simple branding and a few small logistics. Equity agency will have to come later on but this will be a good start and will grow the business greatly and create at least one more job opportunity.

I wish to mention that I moved to a better located shop and for the last 2 months I have been getting several requests to offer mobile/agency banking services, tokens and airtime on a daily basis.

I appeal to Zidisha Lenders to help me realize this vision Fast as possible.
I wish to mention that I'm on employment and can always support loan repayment from my monthly income.

I thank you all in advance.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Jul 11, 2016

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Service fee: $36.74


Paul Buchheit

Mountain View, United States

Alberto Cereser

Copenhagen, Denmark


Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States



United States



United States



United States

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