Buy recharge cards and replacement lines

Becky

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Becky

Member since

July 2017

On-time repayments

15 installments  •  100%

About Me

Hello my name is Becky Majengo, and am a single mother. While I was in high school I got involved with a guy whom I thought was in love with me. Unfortunately I got pregnant while I was in form three and that's when hell broke lose, the guy rejected me and my pregnancy and I was forced to drop out of school. Back at home my parents wanted nothing to do with me, so I pleaded with my elder sister who agreed to take in till I put to bed.
Things were not easy there and her husband never liked me.
After I put to bed the husband made clear I wasn't welcome there. My sister gave me kes 5000 put I really didn't know exactly what to do. So I asked a friend who I had known from my sister if she would let me stay with. I stay with her and she was really kind to me. I later got involved with another guy but the relationship didn't work out I had my second child but I wouldn't stay with the father since he would love my first child as his own. I started washing people clothes around the estate I made a little savings, my friend was working at an Mpesa and she told me can help me start an Mpesa, we agreed on how I would pay for the Mpesa line and that's how I started my Mpesa plus retail shop. At the moment I have managed to grow it and currently I own the line and I also sell household items to help me meet my daily needs and those of my kids.

My Business

I own a retail shop plus an Mpesa, in my retail shop I sell everything from eggs, milk, sugar, bread recharge cards and I also transact Mpesa services for my clients.
The profit margins are not big coz on Mpesa I rely on commission and how many transactions i do in a month and how much float I can run the Mpesa with.
So far I can say I make a profit of kes 10000 to KES 15000 a month this is after I have paid rent and electricity bills.
So far the business is sustaining me coz am able to take care of my house rent buy baby food and a few things that I need.
I will like to be able to increase my float and also my stock this will help me grow my commission and profit from my business and it's my sincere hope that this platform will help me achieve that.

Loan Proposal

I will use this loan to buy recharge card and also buy replacement lines for my shop. There are clients who have lost there sim cards and they always need a replacement I haven't been able to add those in my shop so I will like to offer this service in my shop as well.
I will use 500 to buy recharge cards and the other 500 to buy replacement lines.
I hope u will fund my loan and help my business grow.
Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

2 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$7.79

Amount remaining

$0.00

Date repaid

Nov 1, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 9, 2017 $4.94 Sep 17, 2017 $0.99
Sep 17, 2017 $0.99
Sep 17, 2017 $0.99
Sep 17, 2017 $0.99
Sep 17, 2017 $0.99
Oct 9, 2017 $1.88 Sep 17, 2017 $0.99
Sep 17, 2017 $0.89
Nov 9, 2017 $0.98 Nov 1, 2017 $0.98

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