My names are Michael Kangethe Kariuki I am 30 years old from Kenya. I am married and blessed with one child who is in class 1. I live in Makongeni estate approximately 5 km east of Thika town. After completing high school I started working as a casual laborer at building and constructions. During my working I managed to save in order to get capital to start a small business. After a couple of years of saving I managed to start a small business of buying and selling mobile phones accessories, the business I am doing up to date. I have always wanted to expand my business but I have been experiencing limitations due to lack of enough capital, therefore if I can find capital from other sources I can realize my business dream.
From my humble savings I managed to start a small business of buying and selling mobile phones accessories in Thika town. I source these products in bulk from suppliers at a lower price which enables me sell them at a good price and hence increase my sale and profit margin too. I have used the small profit I get from the sales to extend a mobile money transfer service (Mpesa Agent), buying mobile phones and airtime which has boosted my business and have drawn many customers. I will appreciate you, if you can assist me by lending me money so that I can expand my business further and also employ another person.
Dear esteemed lenders.
First i thank you for the previous loan that you funded me, the loan have increased my sales tremendously hence raising my profit up to 45%. i wish to apply another loan to top up my mobile money transfer(Mpesa)float which have inadequate float to cater for my customer demand,whom they walk all over town looking for a place to get that service hence wasting more time.and these because there few agent in my town in which they operate with small capital,and that make it hard to reach customer demand.
This additional float will increase my profit margin with 40%.therefore calling upon esteemed lenders to support my application and based on my 100% on time repayment history,i will not let you down.Thank you lenders for your generosity and God bless you.
To increase float for my mobile money transfer
My names are Michael Kangethe Kariuki I am 30 years old from Kenya. I am married and blessed with one child who is in class 1. I live in Makongeni estate approximately 5 km east of Thika town. After completing high school I started working as a casual laborer at building and constructions. During my working I managed to save in order to get capital to start a small business. After a couple of years of saving I managed to start a small business of buying and selling mobile phones accessories, the business I am doing up to date. I have always wanted to expand my business but I have been experiencing limitations due to lack of enough capital, therefore if I can find capital from other sources I can realize my business dream.
From my humble savings I managed to start a small business of buying and selling mobile phones accessories in Thika town. I source these products in bulk from suppliers at a lower price which enables me sell them at a good price and hence increase my sale and profit margin too. I have used the small profit I get from the sales to extend a mobile money transfer service (Mpesa Agent), buying mobile phones and airtime which has boosted my business and have drawn many customers. I will appreciate you, if you can assist me by lending me money so that I can expand my business further and also employ another person.
Dear esteemed lenders.
First i thank you for the previous loan that you funded me, the loan have increased my sales tremendously hence raising my profit up to 45%. i wish to apply another loan to top up my mobile money transfer(Mpesa)float which have inadequate float to cater for my customer demand,whom they walk all over town looking for a place to get that service hence wasting more time.and these because there few agent in my town in which they operate with small capital,and that make it hard to reach customer demand.
This additional float will increase my profit margin with 40%.therefore calling upon esteemed lenders to support my application and based on my 100% on time repayment history,i will not let you down.Thank you lenders for your generosity and God bless you.