School fees for my brother & stock for my beauty shop
Michael
Juja, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
January 2016
On-time repayments
293 installments • 66%
About Me
Hi Zidisha family my names are Michael Kariuki Karanja born in muranga county in Kenya in 1988. I am the first born in a family of three. I was lucky to get some education which my mum provided with a lot of struggles as she was a widow because my dad died when I was still a small boy. After school I hustled hard to make sure I overcome my hardship first I was employed as an mpesa attendant before I saved enough and started my own mpesa shop.
My Business
I have an mpesa business in st marys kibomet which has a good flow of clients.Mpesa business is in demand since many people save their cash in phone instead of banks. The reason am in mpesa business is for me to earn an extra income apart from my salary.My costs include paying an employee since I work in another organization hence I cannot ran the business myself.
Loan Proposal
Thank you lenders for the first loan that you gave me. I would like to post another loan that i will use in the following way:
School fees for my brother- $ 150
Stock to my beauty shop- $ 250
If am funded with the second loan i believe it will increase my income with around 15%. Thank you in advance as you consider my loan application which i believe will change my brothers life too since i will use some amount to pay for his school fees.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$403.00
Date disbursed
Apr 3, 2016
Repayment status
On Time
Projected term
18 months
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