Elosy Wanja
Ruiru, Kenya
$0 to go
100% funded of $54 goal
0
days left
Name
Elosy Wanja
Member since
July 2017
On-time repayments
2 installments • 0%
Halo . My name is Elosy Wanja Gitonga. I am 27. I was born in a family of three being the last born . My parents schooled me through college where I pursued a diploma in Business Science. I am yet to get a job therefore I borrowed money from family and started a money transfer service business.I have a lovely son who is four and would love to be an engineer when he grows up. I love playing Chess during my free time.
My business involves offering money transfer services over cellphones from one person to another. We offer withdrawal and deposit services from clients. Profits are generated from commissions charged for offering these services.I chose this business because it is popular and it has immense potential for growth. Costs include rent and electricity bills. I use my profits to educate my child and pay basic utilities. I also save some.
I will use the loan to improve my float in my business line. More float means more transactions to customers therefore generating more profits. I will benefit from improved profits and attract more customers due to availability of more money. I expect to generate commission of up to $100 more every month
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$54.00
Date disbursed
Jul 30, 2017
Repayment status
Late
Projected term
2 months
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