Inventory of used clothes

Gerald

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Gerald

Member since

October 2017

On-time repayments

20 installments • 90%

About Me

I am Gerald. I am a father of one boy child. I was born in rural areas of Kenya and later migrated to Mombasa city where I sell shoes and second hand clotes. I work in the streets of Mombasa town where I hawk my stuff from door to door. It is a tough job but I am glad it puts food on the table.

I am also an active member of my local catholic church in Mombasa city.

My Business

My business deals with selling of shoes and second hand clothes. I normally make about USD 200 per month from this business. I hope to move to a permanent address in future - finances allowing and this is where Zidisha comes in handy.

Loan Proposal

I will use the money to buy a dozen used t-shirts of good quality. I hope to make a net profit of 40% since such trendy shirts tend to fetch good money.

I will use the profit so made to improve the quality of life of my family and also make my business grow further.

Feedback

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N
Nick May 16, 2018

All paid, no problems, thank you Gerald

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M
Margaret Apr 1, 2018

The loan was paid off quickly!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Feb 22, 2018

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

Margaret

United States

Ask Gerald 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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Gerald Jun 19, 2018

I will use the money to buy carrier bags,it will help me to gain profit alot. Thankful lenders for making life easier through zidisha.

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Gerald May 31, 2018

It's good that I applied a loan of 1000ksh which I get very fast I thanked lenders for that.I take the money ad it helped me to buy school shoes for my boy.

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J May 16, 2018

Dear Gerald,

Please post a photo of *yourself* as the profile picture, at the very top of the screen. This is a Zidisha requirement. Please take care of this, as soon as possible. Thank you!

The other photo that’s currently there, you can move to a lower spot on the Discussion page, with a note to your lenders. Thanks. :)

Kind regards,
Joost
Team Zidisha

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Gerald May 16, 2018

Am thankful to u lenders for your previous loan it helped me.I used the money to pay fare from mombasa to nairobi,ad now days I travel every week to take my stock.

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Oscar May 9, 2018

Gerald's business has gone down recently but he promises to start repayment soon

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Gerald Apr 10, 2018

Thanks lenders for your funding,the money will help me to add stock so that I can get a lot of profit.

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N
Nick Apr 9, 2018

Hi Gerald, I'm pleased to fund your loan. I wish you well with your sales. God bless you. Nick

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Gerald Kinyua likes this.
Gerald Mar 26, 2018

Kenya government burns using of plastics bags therefore I started selling carrying bags.I started it with 5000ksh.but by now I've a stock of more than 15000ksh am doing good.

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Gerald Feb 21, 2018

Thank you Margaret for funding me in the nick of time! The money will boost my clothes business.

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M
Margaret Feb 20, 2018

Hi Gerald,
I hope this new loan helps you in your clothing business. Best of luck to you. Regards, Margaret

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Gerald Feb 7, 2018

Thanks so much for the loan. My business is doing well.

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Gerald Jan 5, 2018

Thank you so much my lenderScotts5320. The money will go a long way in boosting my business. Happy New Year!

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Gerald Jan 3, 2018

Thank lenders, I was able to make good sales during the festive season. I hope to keep growing.

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