Benedict
Nairobi, Kenya
100% repaid
Name
Benedict
Member since
March 2015
On-time repayments
311 installments • 69%
I have grown and schooled in rural Kenya (Eastern Region). I have worked Hard in school till my university. I saved from menial jobs until I had enough money to star my first M-pesa agency. my hobby is visiting children homes and keeping company with the children there. I also love doing football and swimming especially in those sunny days. These days I also find joy running my various businesses which I have started courtesy of Zidisha loans.
I am an online freelancer mostly doing academic research and supplements it with a M-pesa business. i feel it is socially revolutionizing because it touches on many people lives. my typical costs are internet installation and maintenance of computers. outlay cost is also incurred in purchase of M-pesa infrastructure every time i am expanding. Revenue is inform of commission and fees charged for freelancing. my proceeds are used to pay school fee for my sister (she is an orphan) and re-invest in the business. With the help of Zidisha I have started other businesses such as Sewing business, and fast food cafe near the University. I am now running these businesses and slowly building my own small business empire in my own small way.
I would like to expand my fast food business. In this case I am planning to Start a new branch next to A newly opened University campus. Due to the Student traffic and the High demand for fast food this is a good business ideas and I expect to grow the business over the years as the Campus expands
For me to successfully have the cafe Running I need 36000, which I have estimated are able to start and support the business until it starts earning profit. The estimated profits are 25%of the sales. In addition, I expect to create employment to 15 people directly and indirectly. In this case therefore the business is socially revolutionizing.
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Negative
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Project Type
Classic Loan
Disbursed amount
$368.00
Date disbursed
Jan 27, 2017
Repayment status
On Time
Projected term
17 months
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