More clothes to sell

Gerald

Mombasa, Kenya

100% repaid

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 half a dozen trousers which I will then sell to my clients. This will be an addition to the stock that I already have. My profit margin is about 35% and this will give good returns within a short time.

This growth is important because it allows me to compete effectively with my peers. Increased sales also means more income which is good for securingmy family's future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Jan 8, 2018

Repayment status

On Time

Projected term

2 months

Lenders

Scotts5320

New York, United States

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