Inventory

Moses

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

March 2019

On-time repayments

156 installments  •  81%

About Me

Was born in a family of ten children, taken to a local school in Eldoret for my primary education, I had to walk many miles to school and we were raised from a humble family so getting money was not that easy, my primary school life hardened me and by the time I joined High school I could face any type of struggle and this made me finish well, I used to look at how people who are employed worked much but had not enough cash for there normal day to day running and while I finish high school I started a small business of selling tomatoes and basically food stuff with few pocket money I had from school, in my mind I didn't want to be employed, I wanted to manage my own business, and luckily from my grocery food store I got many customers within four months I had grown to a very big grocery selling mainly tomatoes potatoes and onions, also fruit, at this time my Kenya Certificate of Secondary Education result came out and I had passed to join university, so it was good news yes, but I have to left my business to go to university, so all the savings I had made of around 100,000 I took it all to use as my university expenses and I decided to take a business management course so that by the time I finish I come start my own business. I thank God and all those who supported me because after four years in university I graduated with second class upper division, I got gifts from friends and from my few savings I started my wholesale business in Rongai together with photography that I have been doing in university and for sure the business has been growing at a higher rate until I got my own four store rooms for my goods, a studio, and an Mpesa shop all operating under one name Shakespeare wholesalers, I thank Zidisha since they support entrepreneurs to grow there business

My Business

Mainly my business income came out from my own photography company that I started while in university https://www.shakespeareservices.co.ke and also from friends and profit I generally get, also my family members have been supporting me much especially my elder Brother

Loan Proposal

I run my wholesale Shop business in Ongata Rongai mainly I need to add my eggs stock now to 100 crates, the money I have at the moment is not enough so I will use the loan to top up for the eggs stock, basically I supply all my products to hotels and shops so I got guaranteed sells everyday so even paying the cash back within one to three days to me is not a problem, my main aim is to get a lot of cash let's say 50,000 to add in my stock and pay from the profit I get since my customers are many hence high demand but less supply due to inadequate funds, I will be so happy if Zidisha will help me out grow my wholesale business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$42.00

Date disbursed

Mar 9, 2019

Repayment status

On Time

Projected term

1 week

Lenders

John Minges

United States

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