Business expansion

Gladys

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Gladys

Member since

January 2015

On-time repayments

52 installments  •  37%

About Me

I am the second born in a family of four siblings and a mother of two a boy 3 years now and a girl 9 years. My childhood was in the in-between, I never lacked to go to school but I had many interruptions being sent home from school for school fee but I would never stay home for too long. my mother would ensure that I was back to school in two days or so. When I finished high school though I became pregnant and had to not continue and instead start taking care of my baby and thus I decided to venture into employment. I worked for about two years and as the frustrations of employment grew I decided I wanted to be my own boss and I put up a small cosmetic shop as I love beauty and also the market was there. Kenya is an interesting country, especially Nairobi as the ladies like looking beautiful at all times, the people are also warm and welcoming . My daughter wants to be a doctor when she grows up so I am working hard to make her achieve this by her never missing school. My son has just learnt speaking well and is about to start baby school so we shall find out what he wants to be in an year or so. My past time hobby is spending time with my family and interacting with new people at social spots where children can also have fun.

My Business

I am in beauty and I sell cosmetics and clothes for women, men and tots. These goods are in demand as the Kenyan market is growing daily and the people want to always look beautiful. I chose this market because of the increased demand and also because its something I love and I have been able to create a niche in this industry and a good source for quality and unique products. The typical costs and revenues that I have include the stock which is makeup, body oils and sprays, clothes and also the rent of the shop and the employee who assists me. The profits that I get from the business I use to pay school fee for my child and also rent for the shop and my house as well as growing the business. I am also saving some in a women's group and for a home since I am currently renting which is becoming expensive by the day.

Project Proposal

I want to expand my business I started a while back. I want to increase the production of it's business

Feedback

2

None

None



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Project Info

Project Type

Pay It Forward

Disbursed amount

$46.00

Date disbursed

Oct 22, 2022

Backers

Rachel

Nakuru, Kenya

ElWal

Kirn, Germany

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  • Gladys    Feb 22, 2023

    I request to be given until 28 of this month to clear everything since I had a few challenges when it came to payments from clients.

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  • Gladys    Dec 25, 2022

    To buy more stock and expand the busines. Also to satisfy the client

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  • Gladys    Dec 25, 2022

    More stock for my business to enable me server my clients better.

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  • Gladys    Dec 25, 2022

    I had abit of hiccups with my business but I'm now back to it.

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  • Gladys    Dec 18, 2022

    I had a personal emergency I will pay soonest I am sorry for any inconveniences.

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  • Gladys    Oct 22, 2022

    I will buy more equipments for expanding my business thank you for funding me.

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  • Gladys    Oct 13, 2022

    Thanks for funding my project it will help expand my business

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  • Gladys    Oct 12, 2022

    With the last contribution it made a very big impact to my business and am very glad that you guys came in my time of need.

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  • Gladys    Sep 11, 2022

    Tomatoes being a fast going sales I want to expand the business
    The funds will make great contribution in the business and am very greatful
    Thank you guys for the help

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  • Gladys    Sep 11, 2022

    The funding for the previous project helped me during these harsh economical times. I also want to expand my business.

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  • Isaiah    Oct 27, 2015

    Hi Lenders

    I have talked to Catherine Gicheru who has promised to reach Gladys as I cannot reach her on phone.

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  • Isaiah    Sep 24, 2015

    Hi Lenders,

    Gladys is unreachable but i will try later.

    Thanks
    Isaiah

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  • Isaiah    Aug 19, 2015

    Hi Lenders,

    I am trying to get reach of Gladys,I will keep you updated.

    Thanks
    Isaiah

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  • Gladys    Jul 14, 2015

    Thank you for the funding, it will go a long way in helping me buy the polythene and timber and thus I will be able to increase my production and income.

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  • Gladys    Jul 13, 2015

    I had my crop grow well and had a good response with the market now I want to expand on the same and have a bigger tract of land for cultivation as the demand is great.

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  • Isaiah    May 27, 2015

    Hello Lenders,

    Gladys has promised to pay the outstanding balance of the loan.

    Regards
    Isaiah

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  • Isaiah    Apr 25, 2015

    Hi Lenders,

    I have not managed to talk to Gladys as she was not in a position to pick my call but have promised to call me back via a text message.

    Regards
    Isaiah

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  • Gladys    Feb 20, 2015

    This comes as a surprise, I had applied for a loan of 4,517 KES and the loan was fully funded only to be disbursed for 1,517 KES and yet the repayment schedule has been printed for the whole amount including the interest which comes to 4,601 KES. Is this appropriate?

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    • Isaiah    Apr 25, 2015

      Hi Gladys,

      The Kes 3000 is a one time application fee charged to all Kenyan borrowers.Please read zidisha terms and conditions for further details.

      Normally what happens it is recovered form your first loan before disbursement that is why you received the amount less kes 3000.

      Regards
      Isaiah

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