Top Tips For Repaying Loans From MESHERS

To acquire devices to grow their businesses, make income and serve their customers better.

We spoke to several MESHERS who shared how they used their Laptops and Smartphones to generate income, increase sales and began repaying their monthly balances.

Albo ni mechanical engineer na ako na biz ya kuuza motorbike parts shop in Siaya. Alishika HP laptop ya KES 33,000. Huwa anaitumia for business record-keeping and design work.

Repayment strategy:

Pay more than the required amount when possible

Set reminders kwa phone for payment dates

Uses an emergency savings options kama M-Shwari Lock.

Anasema, “Stay focused kwa biz na utaweza kulipa. Reduce the repayment period, then kua na clear plan before taking the loan."

Shel ali-choose laptop worth KES 56,000 for his graphic design work and studies.

Repayment strategy:

Aliweka 50% ya doh anaget from design gig to repayments.

Ako na backup income from his cleaning job.

Shel's says, “Always have a clear plan na backup strategy.” “Make sure device uta-choose ina-solve real needs kwa biz yako”

Ann alichukua Nokia Smartphone worth KES 22,000 ku-improve food photography yake ku-increase online sales.

Ku-manage kulipa, keep detailed records za profits na pia bills umelipa kujua una-make doh ngapi, na uweke za kulipa loan kando.

Pia unaweza set aside doh daily from sales for repayments. Pay as soon as you can ku-avoid late repayments. Cheki: Is Selling Uji a Good Biz?

Simo pia alishika smartphone worth KES 25,000 ya kupiga products zake aweze ku-showcase to clients.

Repayment strategy yake iko hivi:

Ana-save weekly ku-get doh za end-of-month payments.

Pia huwa ana-communicate with lender kama ana-expect delays ku-get doh on time.

Save any amount una-get, hata kama ni 20 or 50 shillings.

Mitch ali-get Lenovo laptop, paying KES 2,250 per month. Huwa anaitumia for virtual meetings na ku-design event programs.

Save small amounts regularly kwa M-Shwari ama place safe usitumie doh for other needs.

Tafuta extra income kama ni possible. Yeye hufanya CV writing pia na analipwa.

Use device uta-get ku-make doh amd ku-learn new skills that can generate income uweze kujijenga na ku-sort needs zako.

1. Kuwa na income sources kadhaa: Meshers wengi wafanya biz na hustles more than one ku-get multiple income ku-make repayments zao.

2. Use locked savings accounts: Tools ama M-Shwari Lock inaweza help kuwa na disciplined saving for repayments.

3. Lipa mapema or extra when possible: Hii ita-help ku-reduce the overall loan required faster.

4. Communicate with lenders: Kama una-face any difficulties, bonga na lenders mapema ku-avoid penalties.

5.Tumia device ku-generate income: Tafuta opportunities za ku-use the device for additional income-generating activities.

6. Kua na clear repayment plan: Before taking the loan, strategize vile utatumia loan na pia ku-manage kulipa time ikifika.

7. Keep detailed records: Track income, expenses, and repayment schedule yako poa.

Ukifollow some of these tips, utaweza ku-manage kulipa na ku-access more opportunities za support uweze ku-grow biz yako.