Loan for my mpesa business and phone accessories

Entrepreneur

About Me

I was born in nairobi donholm area.i undertook my primary and secondary level in donholm.life in the city was difficult but my family managed to sail through.handwork has always seen me through hardships,believing too.after high school with the help of my family i was able to start my own business which is operating an mpesa agent a service which enables transfer of money through mobile network at a fee.i have two daughters who are young and one is in nursery school and the young one is 9months old. my older daughter dreams of becoming so many things given that she is still young to understand, she is barely 4years. at times she wants to be a doctor, then like mommy, then a teacher.....but we are working hard to better their lives.my hobbies are socializing,singing and listening to music.

My Business

basically i offer services of withdrawal,deposit and customer registration to the Mpesa money transfer service.Mpesa which is owned by safaricom is a widely used service in kenya and almost everybody relies on this service, being an agent safaricom company pays us commission on the number of transactions carried out within the month in relation to the amount tnsacted and that's how we get to make profit.however the cash for deposit and withdrawal is provided by us agents.I chose this business cause it is easy to operate and since it deals with cash no loss is incurred in breakages or damages of goods.my typical cost is $167 but i use $890 for float and cash for transactions.the profit is $167-222.depending on number of transactions per month.that is the cash for withdraw and deposit.this does not change through the month.I use the profits to pay for my bills and fees and also save for the future and incase of emergencies

Loan Proposal

hallo my lenders and thanks for the continued support,first I would like to let you know of my earnings last month,I made $218 which for me was good. I payed my bills and part of my loan and also pumped back $100 back to the business with the hope of increasing my earnings end of this month and I will finally be able to buy that new pair of uniform for my daughter.
mpesa success all depends on the money you have as float am so exited I got a loan increment so am sure this loan will enable me achieve my goal of increasing my income from 10% to 15% and thus enabling me to take up an education policy for my daughters which I will be contributing $65 every month for a period of 10years. thanks all and God bless.

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