Zidisha |

Gadson

Roysambu, Kenya

Funds disbursed

$0 to go

100% funded of $250 goal

days left

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How it Works

Entrepreneur

Name

Gadson

Member since

December 2013

On-time repayments

241 installments • 0%

About Me

I reside in Roysambu - Nairobi with my family. I am blessed with 3 children who are in school. I have successfully completed my diploma in teaching thus I am currently teaching at a local school in Roysambu.

I started a grocery family business to enable us live a better life because my salary would not allow us to grow economically. My wife manages the business because she has adequate skills and experience gained from working at another place. The revenue from our business is used for savings to enable us grow economically.

My Business

My business is based in Roysambu - Nairobi and it involves buying and selling of grocery to the local people. The business started two years ago and it has been growing step by step and this is because of good customer relation skills my wife has and also because of the varieties of items we have in the store for customers to choose from. Over the weekend I do assist my wife in selling because the customers are many. The biggest challenge is sustaining demand from customers and this is because of limited capital but with supoport from Zidisha I will expand my stock hence meet customers demand and because very few people have ventured in this I intend to open other smaillar business in the community. My average monthly sales is kshs 35000 and average expenses is kshs
29000 hence my net profit is approximately kshs 6000.

Loan Proposal

i wish to thank zidisha for this opportunity.i plan to use the loan to purchase crates that i shall use for my storage and also to spice up my display to the customers.Groceries are very sensitive and the need hygienic containers that are visible to customers.i am confident that this loan will make my business more appealing to the customers since with the p[purchase of the crates,i shall be able to put up a good display to the customers.I plan to purchase one crate at a cost of 350 Kenya shillings

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jan 16, 2014

Repayment status

Late

Projected term

56 months

Lenders

Candiac, Canada

Steiermark, Austria

Moon, United States

Indianapolis, IN, USA, United States

Bavaria, Germany

Rome, Italy

Rogaland, Norway

RINCHOA, Portugal

BRUXELLES, Belgium

Nieuwegein, Netherlands

cranejoad

cazenovia, United States

TuveTheDog

Helsinki, Finland

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C
CorVeninga Mar 22, 2014

Hello Gadson,

Please let us know if anything is hindering you from repaying your loan.

Kind regards,
Cor

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- Eric Mar 28, 2014
  
  Hallo lenders i have been calling Mr.Kinuthia's community leader because i couldn't reach him via his mobile phone.His community leader told me that Mr.Kinuthia is still in Australia and he will inform me when he comes back.
  
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  - C
    
    CorVeninga Apr 5, 2014
    
    Thank you for your trouble Eric,
    
    I hope mr Kinuthia will still be able to repay his depts even though he is in Australia.
    
    Kind regards,
    Cor
    
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Eric Mar 4, 2014

Kindly update your lenders please

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Gadson Feb 9, 2014

Hi,

I have been Ill and lost my job hence currently am working hard to secure employment so am relying on my savings and business thus am not in position to repay the stated amount per week but can manage to repay Kshs 300 per week but am very optimistic that I will get a new job and life will go back to normal. Thanks for your support and I will not let you down despite the delay

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- C
  CorVeninga Feb 11, 2014
  
  Hi Gadson,
  
  Thanks for your reply. I wish you all the best in finding a new job. Let us know as soon as you are in a position to repay your loan.
  
  Kind regards,
  Cor
  
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Eric Feb 4, 2014

Mr.Gadson you are now down by two installments

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Eric Jan 31, 2014

Hallo Gadson you are already on arears!Is everything ok?

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TuveTheDog Jan 29, 2014

Hello Gadson,

Is everything ok with your business?

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Gadson Jan 16, 2014

Hi Zidisha Lenders,

Thanks for contributing to my loan hence I will use wisely to ensure it expands to accomodate the prospective clients hence I will use part of my salary to repay the loan to give room for business expansion. Thanks and God bless you all and have a wonderful day.

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Gadson Jan 14, 2014

Hi Zidisha Lenders,

Thanks to all zidisha lenders for supporting my loan hence I kindly request more lenders to contribute towards my loan and I will use it wisely to expand my business hence also repay the loan on time. Have a wonderful day

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Gadson Jan 13, 2014

Hi Zidisha Lenders,

Thanks to all who have contributed towards my loan and I wish to request more lenders to consider contributing towards my loan. Through your support I will be in position to expand my business hence meeting customers demand. I will update you on the progress of the business and also repay the loan on time for other people to benefit.

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Gadson Jan 13, 2014

Hi Zidisha lenders,

I am very grateful for considering to fund my business with a loan and I will make sure to update you on day to day activities and also ensure to repay the loan on time because the food industry in Kenya and other country always does good because people have to feed thus I will keep my promise so I kindly request more lenders to consider my loan. Thanks all and enjoy your week.

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