Working capital for mpesa transfer services

Sadjah

Manza, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Sadjah

Member since

June 2014

On-time repayments

150 installments • 34%

About Me

My name is Philippe Opiyo Sadjah, born on the 21st of April 1980 in Nyeri County, Kenya. I am born to Mary Mukami Sadjah and Georgiehs Owuor Sadjah. Married to Ruth Wanjiru Kamau and a father of two. I am currently working for War On Campaign Kenya as their Regional Manager for Lower Eastern/Ukambani Region of Kenya, working on community empowerment, HIV/AIDS prevention, Care giving. I currently reside in Machakos Town, Machakos County, Kenya. My hobbies are sightseeing, traveling, making friends, reading in general, and politics. I have studied up to college level on Project Management and Community development, Sales and marketing, and computer knowledge.

My Business

I currently operate a transport business of 3 Omni Maruti Suzuki Vans that operate around Machakos Town business center offering Taxi services or public service vehicle, I also offer Money transfer services through Mpesa dealership. I do have 10 outlets opened for the money transfer services. All this business is under Matrix Holding Limited where am the Managing Director. My returns from the business per month from the taxi services is USD 340 and from the Money transfer services USD113. I have employed approximately 13 employees in my enterprises and my goal is to expand it the venture and afford opportunities for more young people to join me and solve the issues of unemployment in Kenya and in my County.
The business supplements my budget and helps me support my family on daily basis.

Loan Proposal

I shall open another Mpesa outlet that would need money float to start operations. The rent of the shop is already paid, operational line has been delivered, and now tying to raise working capital to start working. I will be so much pleased if i get assistance in raising the capital to go into action immediately. This loan will help in so much in expansion process to meet the demand in my market currently.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 4, 2014

Repayment status

On Time

Projected term

5 weeks

Other loans

Oct 2014: $295

Feb 2015: $430

May 2015: $654

Lenders

McJulio

New Jersey, United States

Bremen, Germany

Utrecht, Netherlands

Bergen, Norway

Sarasota, Fl, United States

xtrahardware

Cazenovia, United States

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

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Sadjah Sep 5, 2021

My business went down and later went bankrupt. But am back to keep my repayment schedule as agreed.

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Sadjah Sep 5, 2021

My business went down and later bankruptcy.

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Sadjah Apr 22, 2017

Hi guy's.

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Sadjah Apr 11, 2017

My investments went down and am trying to restart my business again.

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Sadjah Apr 8, 2017

My business went down after a bad investment. I lost all my investments and cash in the process.

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Sadjah Apr 2, 2016

Its great. I still thank my lenders for supporting me. Happy New Year.

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Sadjah Jan 30, 2016

Business was challenging in the year 2015, I believe it shall be well in 2016. I thank my lenders and promise to keep up and pay all my loan.

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Sadjah Sep 9, 2015

The reasons for the change of repayment schedule is because of low cash flow at the moment. This happened after a bad deal going sow on my part since April 2015. A client dupped me of substantial amount of money which I have been forced to use a lawyer to follow up on it. This affected my business negatively and my personal life. Instead of staying for long without paying, it's better repaying a small amount until I recover, then I will increase the amount to the original state.

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Sadjah Jul 31, 2015

Hallow Zidisha! I am happy am in the Zidisha Loan Program, thanks to donors too. I need to communicate to my lenders that am experiencing some financial difficulties in my business cash flow as from end of May 2015, reasons being that after doing a good business deal with a client- he gave me a cheque of 180, 000 ($1765) that bounced back and affected my cash flow and repayment of my loan and other financial obligations in my life. I have decided to be paying what i get until i sort out this issue in the shortest time possible. I have also talked with my Mentor and my references on the matter. I promise not to fail to repay back this loan, am here to stay. Good is repaid back by good not evil. The matter is already being handle by my lawyer to recover the money.Thanks Zidisha.

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Sadjah Jul 31, 2015

Thanks John Musevu. Everything will improve with time. God Bless.

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John Jul 22, 2015

i a the VM for Sadjah.i have been in touch with Sadjah,making a follow up on his arrears and as explained below he has promised to lower his repayments to a comfy amount until his situation improves.

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Sadjah Phillippe likes this.
Sadjah Jul 22, 2015

Hallow Zidisha! I am happy am in Zidisha Loan Program, thanks to donors too. I need to communicate to my lenders that am experiencing some financial difficulties in my business cash flow as from end of May 2015, reasons being that after doing a good business deal with a client- he gave me a cheque 180, 000 ($1765) that bounced back and affected my cash flow and repayment of my loan and other financial obligations in my life. I have decided to be paying what i get until i sort out this issue in the shortest time possible. I have also talked with my Mentor and my references on the matter. I promise not to fail to repay back this loan, am here to stay. Good is repaid back by good not evil. The matter is already being handle by my lawyer to recover the money.Thanks Zidisha.

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Sadjah Jun 1, 2015

I have received my loan disbursement in full, thanks to lenders and zidisha inc...

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Sadjah Jun 1, 2015

Thanks zidisha inc for funding my loan again....am waiting for disbursements of the same.

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Sadjah May 23, 2015

I wish for zidisha and donors to hear my prayers concerning the new loan application.

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Sadjah May 21, 2015

In Nairobi looking for spares for my vehicles, and my friends are very much interested with Zidisha loans, they don't believe this is real, getting loans on internet. wooooh!!!! I tell them its possible....

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Sadjah May 19, 2015

Thanks Markus...God bless

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Sadjah May 19, 2015

I need to thank all the lenders who have supported me before, you never failed me, and I have never failed you too. I need you support once more, I have a loan application and I need you all to fund it. I promise to do business and return the cash back. Thanks lenders.

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Sadjah May 18, 2015

My last loan really helped me much in my business to buy some items and spares for my taxis, am glad I have finished repaying it on time. Thanks Zidisha.

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M
Markus Apr 21, 2015

Glad to hear from you. Just drop a note if you need to reduce your installment for a while.

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