Increse stock in credit cards and mpesa float
Geoffrey
Umoja, Kenya
100% repaid
Entrepreneur
Name
Geoffrey
Member since
July 2014
On-time repayments
33 installments • 36%
About Me
I was born in kibera,langata county in nairobi went to Jamhuri primary school where i performed very well and i joined a secondary school but there was a problem in school fees because we were five of us learning and of the five three of us were in secondary school. due to this i used to be sent home for school fees now and then this could even take 1 month for me to go back to school since my father was a charcoal dealer and the little he had he made sure we share between the three of us in terms of school fees. After i had finished in the year 2010 i had not passed well as i had expected because the dropouts had affected me so i had to look for the job to do and i got sales and marketing and things were really tough for me to bare since everytime i was in city askaris cell. I endured the suffering until i saved some amount where i put up a business of M-PESA and the business is thriving slowly by slowly
My Business
I run a fast food cafe in komarok kenya. The cafe has 3 workers and it mainly sells fries, samosa,smokies, sausages and bhajias.on daily basis it can generate around 20 dollars as a profit after expenses. I would like it to generate around 40 dollars a day which is double what it is generating now . The cafe has been running for around 1 year now .
Loan Proposal
I will be glad if i am given the loan because it will help me increase the amount of credit stock in my mpesa shop , purchase mobile phones for sell and increase the amount in float in mpesa line. This loan will help me alot because i know in will make alot of profit and earn customers confidence in terms of supplies.I would like to urge anyone to help as i will refund in time thank you all.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 4, 2014
Repayment status
On Time
Projected term
5 months
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