Gladys

Po Box 5396 00200 Nairobi City Embakasi Village, Kenya

41% repaid

Entrepreneur

Name

Gladys

Member since

November 2011

On-time repayments

23 installments  •  22%

About Me

I am married with two Girls one in High School and the other in Kindergarten I love my husband and the Two Girls very much and they are joy of my heart .I run a grocery shop in Utawala Estate In Embakasi which I started one year ago after I was retrenched and paid Ksh 80000 which I started my Business with. Use my earning from by business to help my Husband who is employed as Junior staff in a local company in Nairobi and I help him to pay for our Children school fee and providing them with their daily bread.

My Business

The Business is located in a very strategic place and I make daily sales of Ksh 10000 that is about Ksh 300000 per month sales where after paying all my Purchases and Expenses and Rent I remain with average profit of Ksh 15000 per Month . Its retail shop where I sell consumer products in small affordable quantities at affordable price and customer likes my shop because of Good Customer Care.

We faces some challenges of frequent increase of commodities prices which is due to current inflation and High transport cost for our purchases.
Due to limited stock my customer can not get most of the commodities they require. I would like to get a loan from Zidisha to increase the stock of merchandise goods,Cereals fruits and Vegetables which are in a very big demand in this area.
and to employ one shop assistance. This will help me to create job opportunity for the youth where by in Kenya non employment rate is very high and there is a need ti create employment and reduce level of poverty in Africa.

Loan Proposal

Dear lender I want the loan to increase the stock of my shop, by buying merchandise in bulk so that I may qualify for good quantity discount and cash discount and increase my profit. I will by more of essential goods such as sugar, cooking fat, rice, detergent, flour, and cereals at good price and sell them to my customer at a reasonable price. This will help me increase my customers in number and this mean increase of profit which will enable me repay my loan back on time

Feedback

11

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,200.00

Date disbursed

Aug 10, 2012

Repayment status

Late

Projected term

17 months

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Ask Gladys a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Gladys    Apr 26, 2014

    Dear lenders my situation has not improved and am still straggling to make end meet hope you will bear with me.

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  • MaxEmerika    Apr 15, 2014

    Dear Gladys,
    Thank you for the update and best wishes to you and your family!

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  • Gladys    Apr 10, 2014

    Dear Lenders,

    My business is doing badly and am struggling to survive with the little am making from it. I am making less than 2 dollars per day which is not enough to buy food and pay for my other expenses, How ever I will not give up I will continue working hard and till the situation improves . Kindly bear with me

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  • Scolastica    Feb 24, 2014

    hi I realy need you assistance in zidisha : am scolastica mutie from Nairobi Kenya, how can we get intouch.

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  • Hope2012    Jan 10, 2014

    Hi can you give me any information on gladys muthoni ? thanks .

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  • Gladys    Jan 7, 2014

    Hi lenders,

    My business has not improved, I am still struggling to make ends meet. I hope you will come to my rescue and bail me out from this situation. I had requested for a refinancing to bring my business back to track. However I will continue working hard and never give up and till things improves kindly bear with me regards Gladys

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    • MaxEmerika    Jan 9, 2014

      Dear Gladys,
      My husband and I continue to have faith in you and appreciate the updates you provide. Best wishes to you and your family in 2014!

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      • Gladys    Jan 9, 2014

        Dear MaxEmerika thanks for you kind comment and the trust you have on me and my family pass my regards to you husband and your children and have a happy 2014

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  • hugh1    Dec 10, 2013

    Dear Gladys: Thank you for the repayment that you sent us this week. I know that things are difficult for you at the moment, so this is particularly appreciated. Best wishes, Hugh

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    • Gladys    Dec 13, 2013

      Thanks for your appreciation of my effort and I hope this may improve in future and be able to make even big payments kindly bear with me and have merry X-Mass and happy 2014

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  • Gladys    Nov 27, 2013

    Dear Lenders,

    The business has not improved and my stock of the business is gone done, Still straggling to make the end meet. I hope the lenders may be will to rescue my business by refinancing my business so that it may go back to normal.

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  • MaxEmerika    Nov 11, 2013

    Dear Gladys,
    My husband and I send best wishes to you and your family and have no doubt you'll be able to fulfill your obligation. Stay strong!

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    • Gladys    Nov 14, 2013

      Dear Lenders,

      Thanks all for you kind and encouraging comments , I will start paying back as soon as my business start making enough money, but currently the current stock of my business is very little and I am working with what I have to make things work and I not giving up. The shop stock value is less than Ksh 30000 which is not enough to meet my customers demand hope it will grow with time and help me meet my obligation.

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  • artnking    Oct 31, 2013

    Best Wishes Gladys!

    I hope your business improves during the last two months of the year.

    Sincerely, Art King

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  • analinjsaturria    Sep 15, 2013

    Dear lenders,

    Gladys is currently struggling financially to the point where balancing her financial obligations and providing for her family is more of a challenge than before. She has been in touch with us via email and has proposed a new payment plan, which will not be reflected on her repayment schedule. We hope this new arrangement allows her to better organize her finances, continue trying to revive her business after an extended period of low revenues, and care for her family. She has done a fantastic job at keeping you informed on her own, but we wanted you to be aware that we are also working with her to find a solution to her payment woes that will not compromise her family's well being.

    If you have further questions about this loan, you may contact Gladys' Volunteer Mentor through the link above.

    Thank you, and our best regards,

    Analin Saturria McGregor
    Country Liaison Manager
    Zidisha

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  • Gladys    Sep 7, 2013

    Dear lenders thanks for the loan you give to me currently my business is not doing well my sales has gone down to up to 30 percent and I only making little money which is note enough for my family and paying my loan.I hope the business will pick soon and started making payment as usual,kindly accept what ever I can afford per month.Thanks

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    • MaxEmerika    Sep 9, 2013

      Dear Gladys,
      Best wishes to you and your family and thanks for the update!

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      • Gladys    Sep 10, 2013

        Thanks MaxEmerika for your understanding and your encouraging words, I wish you and your family all the best in what ever you do

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  • Gladys    Aug 14, 2013

    Dear lender my loan account is not very good and I have not been able to keep my promise due to poor business which has gone down up to 50% of the sales my shop is struggling to survive dispute of all this set back and I hope the economy will improve soonest. I will make some payments nest week to reduce the amount in default

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    • MaxEmerika    Aug 14, 2013

      Dear Gladys,
      We appreciate the way you keep all of the lenders updated on your situation. We hope you and your family are doing well despite this temporary setback!

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      • Gladys    Sep 10, 2013

        Thanks MaxEmerika for your understanding and your encouraging words, I wish you and your family all the best in what ever you do

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  • Gladys    Jul 29, 2013

    Dear lender I hope you are all okay, the business is not doing well the daily sales is very low and I am doing my best to bring my loan repayment current. despite of low business I hope things will improve when the schools are closed and student are back home so that they may buy more from my shop.

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  • MaxEmerika    Jul 15, 2013

    Dear Gladys,
    Thanks for letting everyone know how you're doing.
    Best of luck to you!

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    • Gladys    Jul 29, 2013

      MaxEmerika thanks for your encouraging comments and all the best and your family,

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  • Gladys    Jul 8, 2013

    Dear lender,

    I hope you are all okay, My business is not doing very well but am working around the clock to make sure I bring my loan repayment current . the sales has gone down by almost 50% in the last six months but now their is a sigh of improvement, I hope things will be well soon, I wish you all and you family happy time thanks

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  • Gladys    May 13, 2013

    Zidisha team, am try my best to bring my loan repayment to current status, This month is a bit tight a I was sending my daughters back to school where paid a lot of money, However I have managed to pay small amount and I hope to clear the balance before the months ends. The business is good and its know picking after a slow movement during the election and we hope for the best. Thanks and have a good time.

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    • MaxEmerika    May 31, 2013

      Dear Gladys,
      My husband and I thank you for the updates you provide! We send best wishes to you and your family and have faith you'll continue to succeed!

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      • Gladys    Jun 2, 2013

        Thanks for attacking time to go through my profile and my comments, I love your and your family your are very Kind for giving me and my family hope by providing with a fordable loan facility. This has really improved my business and am able to provide quality education for my two lovely daughters. My business has really improved dispute hard economics time and I hope you will continue supporting me in future business plan . Thanks and have a lovely day/night

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  • Gladys    Mar 26, 2013

    The business has not picked up after election and especially now that we are having a petition in court to determine the election case. We hope this will not take long that Kenyan will go back to their normal business without political interference. My sales turn over has go down by almost by 30 percent but I will bring my loan current if the situation improves. Thanks for you understanding.

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    • MaxEmerika    Mar 27, 2013

      Dear Gladys Kagunda,
      We're confident you'll continue to succeed despite this temporary setback!

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      • Gladys    Apr 29, 2013

        Thanks MAX for kind and encouraging words God bless your and you family

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  • Gladys    Mar 11, 2013

    Hi lenders and Zidisha team see attached photo for my family the one you have made them smile and enjoy life because of you kindness.

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    • MaxEmerika    Mar 11, 2013

      Dear Gladys Kagunda,
      We thank you for sharing the beautiful photo of your family and appreciate how you keep everyone up to date on how you are doing. Best wishes to you and your family!

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  • Gladys    Mar 5, 2013

    The elections were peacefully and we are waiting for the result which are taking a little long and we hope for the best

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