Business inventory

Gerald

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Gerald

Member since

February 2016

On-time repayments

189 installments  •  41%

About Me

I was born and raised in a village in Western Kenya. i was left under the care of my grandparents as my father a clerk in the civil service was away working.
Due to constant job transfers, we could not afford to stay together with him as family.
As the first born,i now find myself taking over the responsiblity of raising my siblings,
the youngest being only 10 years.

My Business

i have ventured into selling dresses together with my wife to supplement our income.
i have sisters in college and the others in primary school that look upto me for support.
I wish to expand the business by having a rented shop for the wares to be displayed.
currently we are selling the items online via a website called "soko kuu'.

Loan Proposal

I intend to use the zidisha loan to add my stock for the business. currently I am lacking enough money to purchase the items from China. After sometime, I also wish to open a shop and diversify the business more in order to help my siblings.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

7 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

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  • Gerald    Sep 15, 2019

    Business closed

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  • Gerald    Aug 31, 2019

    Business is closed for now

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  • Gerald    Aug 24, 2019

    Having challenges raising the money.

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  • Gerald    Jul 2, 2019

    Business closed

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  • Gerald    Jun 2, 2019

    Business is closed.

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  • Gerald    Apr 8, 2019

    Still paying from my pocket

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  • Gerald    Mar 10, 2019

    Business is bad

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  • Gerald    Dec 24, 2018

    Business low

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  • Gerald    Dec 7, 2018

    Business not foing well. Am paying from the pocket.

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  • Gerald    Nov 7, 2018

    My business suffered a major loss

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  • Gerald    Nov 7, 2018

    My business suffered and had to close

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  • Daniel    Jul 24, 2017

    Dear Lenders,
    I have spoke with Gerald but he has been experiencing some challenges but he has promised to start making payments end of this month

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  • Daniel    May 7, 2017

    Dear Lenders,
    Gerald had some hard times with his business but he has promised to settle his arrears

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  • Gerald    Nov 26, 2016

    Dear people of goodwill, i wish to thank you for having set aside your hard earned money by lending me so as to ensure i have a better life. Thank you!

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  • Gerald    Nov 5, 2016

    Good evening, I have been away for sometime and not done much in selling.
    I wish to re-schedule the amount payable weekly until a time that I will regain
    good sales.

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  • Daniel    Oct 30, 2016

    Dear Lenders

    Gerald will be making the payments by next week.

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  • Gerald    Oct 6, 2016

    Thanks a million for all of you guys for sparing your hard earned cash to fund my project. Find it from deep within my heart that I am truly grateful. I hope some day I shall also give a helping hand. Thank you all.

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  • Gerald    Oct 1, 2016

    Business has picked up well and would need another loan for more stock

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  • Gerald    Jul 27, 2016

    Due to the cold season in Nairobi,clothing business has not been so good.

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  • Gerald    Mar 19, 2016

    we have been taking care of our sick mother leaving us with little time to do business and much of the money going into hospital bill. Should resume normal payment next week.

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    • Daniel    Mar 22, 2016

      Hi Gerald,
      Am so sorry for what's happening and I wish you all the best and quick recovery for your mother, its good you have adjusted the installment amount rather than skipping the repayment date. It shall be well.

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