Gerishom Kadiri

Magumu Kinangop, Kenya

100% repaid

Entrepreneur

Name

Gerishom Kadiri

Member since

April 2013

On-time repayments

294 installments  •  18%

About Me

I come from a family of eight from the Western part of Kenya. I moved to Central Kenya to work as a Teacher to support my Education as well as that of my siblings. Am a graduate from Wayland Baptist University with a BA in Religion minor in English, Am also a trained Primary school teacher. I ventured in business to cater for my needs and promote my family to go through school. I want to expand my business by coming up with a modern shop offering internet services and selling books to curb the great appetite we have for knowledge in our nation. I believe that is through education that we can break the glass ceiling of poverty our nation.

My Business

I operate a film shop where i sell movies for local public performances, home viewing as well as educational ones used in schools and churches. These goods are in great demand since the world is changing very fast where information has become a pillar of economic drive. Many people prefer to watch a film to get the gist of something rather than the manual way of doing things. Students especially learn through this method more than when they read the same from the books due to the dwindling reading culture. Again not all people who can access or afford books and for those who can some don't know how to read and write.
I wish to expand this venture to be a library in one of the major towns to cater for college and university students, This will give opportunity to many who are willing to do research via the internet hence they cannot afford to secure a computer at home.
Currently, I earn an average of Ksh20,000 a month and I plan to triple the amount in the next few months. Given the loan i will be able to buy some computers to facilitate this promising venture. I pledge to abide by the stipulated rules in the servicing of the loan given. Am available to give more information when required to do so. Thanks in advance.

Loan Proposal

Having made some good cash in my current business, i need to diversify the income of my resources to achieve my ultimate intended goal within the time set. I want to buy a pool table that will attract more people to spend their leisure time at my premises. The same customers will be the target group that will contribute to my success in the cyber cafe-cum-library business. The pool game is estimated fetch to at least Ksh.500 a day on top of other refreshments that will sell there.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$192.00

Date disbursed

Sep 17, 2013

Repayment status

On Time

Projected term

6 months

Lenders

Silver

Steiermark, Austria

Kjartan

Oslo, Norway

A

anonymus

Moon, United States

MakeSense

-, St. Kitts and Nevis

B

blahblah

Nuernberg, Germany

B

Bavarian

Bavaria, Germany

M

missjoyy

Munich, Germany

T

Texas

Houston, United States

mewesten

Waynesboro, United States

N

NLArjan

Leiden, Netherlands

A

aditsu

Tai Po, Hong Kong

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