Restocking of my second hand clothes selling business

Alex

Nakuru,kenlands, Kenya

25% repaid

Entrepreneur

Name

Alex

Member since

September 2013

On-time repayments

86 installments  •  43%

About Me

I am Alex Munoko Masiza, I live in Nakuru,I schooled at Rehema primary in Eldoret,later in my secondary Education, I schooled at Pistis academy, My, I was born in a village called Langas in Eldoret town, langas is located on your way to Eldoret airport.
I am the first born in our family, I am a Christian and I love the lord God, I was saved and brought up in a christian school.
Right now I am doing small business of selling used clothes, THIS BUSINESS IS WHERE i see my future in because it has been of help to me and i believe it will help me to achieve all I want in life.

My Business

Hello lenders, My business is all about selling on used clothes, the reason of selling this used clothes is because many of kenyan people are used to them, they are cheaper,affordable to a normal kenyan, it is durable noth the once from the shops which are sold very expensive.
my business is now 8 months old, but i have seen so much increase of demand, this has made me to see on how to find more financial help, this means, I had to get a loan to boost my business.
in every day I made a profit of 500,this means every week i made a profit of 3,000 ksh if well balanced,because some times is up sometimes is down, just as it has been always with business.
in a month i made a profit of ksh12,000 this is profit,after deducting everything. I am sure is given a loan, I will be in good position to pay it well. thanks

Loan Proposal

Dear Lenders, I first want to thank you all for giving me this opportunity again regardless of my previous sickness which made me to be in and out of hospitala nd also business because it was very much affected, but all in all I was able to finish my loan, now I am here requesting for another Loan if I can be granted to help me boost my business again.
This loan upon being granted I will invest all of it to purchasing of 2 bales of men and women clothes for sale, and this will help me get more interet since many people love to shop where there is new arrival in the market, the $100 will go all of it into purchase of the clothes and as well all the remaining balance will go towards additional of more stocks.

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$128.00

Date disbursed

Aug 14, 2015

Repayment status

Late

Projected term

7 months

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

T

taiti123

Singapore, Singapore

T

ToddK

Indianapolis, IN, USA, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

T

tmsaddress

Orlando, Florida, United States

dajawein

Gladstone, Australia

L

loistf

Madrid, Spain

A

Aaron

Zurich, Switzerland

T

Tui1974

nuenen, Netherlands

A

amish

San Francisco, United States

Padrino

Kilkenny, Ireland

P

Pavane

Kungsbacka, Sweden

dmirpuri

Bangkok, Thailand

A

akshu71

Ottawa, Canada

John Makongo

Kitale, Kenya

M

merk85

United States

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

T

Tim47

United States

N

Nicolaas

Doha, Qatar

Matthias

Frankfurt Am Main, Germany

wissam

Jeddah, Saudi Arabia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Alex    Oct 27, 2015

    hello all my lenders, i am sorry for late payments but i have been sick for a while now, once i recover please i will complete my loan, please be patient with me for about 2 weeks i will be back on tract as i recover

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  • Dickson    Sep 26, 2015

    Hello Lenders I am Alex's VM. Alex as said below he is currently having uphill in his business and with other personal constraints, but he promised to do all he can to pay on time all the arrears. Thank you for you patience our lenders

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  • Alex    Sep 7, 2015

    hello lenders, i am experincing shortage and business depression , i am asking you to allow me to make payments of 400

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  • Alex    Sep 1, 2015

    thank you lenders, my business is doing well nd i am so grateful

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  • Alex    Aug 15, 2015

    Dear Lenders, I am so much thankful, I was able to receive 12,739 which all the money I invested it to my business through purchasing of 1 bales of women clothes, and I am hoping this will help me increase my business with about 15% since my business was very much down, thanks for the support

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  • Alex    Aug 11, 2015

    Thank you lenders, I am very thankful for giving me this opportunity again to have this opportunity to come back on my feet,thanks for funding me 100%

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  • Alex    Aug 11, 2015

    Thank you lenders, I am very thankful for giving me this opportunity again to have this opportunity to come back on my feet,thanks for funding me 100%

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  • Alex    Aug 11, 2015

    Thank you lenders, I am very thankful for giving me this opportunity again to have this opportunity to come back on my feet,thanks for funding me 100%

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  • Alex    Aug 11, 2015

    Thank you lenders, I am very thankful for giving me this opportunity again to have this opportunity to come back on my feet,thanks for funding me 100%

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  • Alex    Aug 11, 2015

    Thank you lenders, I am very thankful for giving me this opportunity again to have this opportunity to come back on my feet,thanks for funding me 100%

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  • Alex    Aug 8, 2015

    Thanks lenders, I am glad, I am now at 28% I am almost getting there

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  • Alex    Aug 3, 2015

    Thank you lenders for giving me this opportunity again, previously i have been feeling unwell, been sick and also my business was going through a lot of challnges but at the end of it i thank God i am well and back to business. thanks again

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  • Alex    Aug 3, 2015

    Hello lenders, i know i have taken long to clear this loan but i want to assure you i will clear it, i thank you all for being patient with me and now i am back on feet, i would love to finish this loan and continue with business. thank you all again, i am strong

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  • Dickson    Jul 21, 2015

    Hello Lenders , am Alex's VM and when I talked to him over the phone he sounded so weak to mean he is yet to feel better. But he claims he is OK and he promised to try and catch up on his payments soon. Thank you for you patience

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  • Alex    Jul 1, 2015

    Thanks lenders for being there for me, regardless I have been unwelll but now i am ok, i can now pay the loan untill i finish, sometimes we dont know when we get sick and it was not my wish to take this long before finishing this loan, please accept my apology.

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  • Alex    Jun 27, 2015

    Dear lenders, i am very sorry for keeping you waiting, by business has been really down and same time i have been unwell and was admitted, i was admitted for almost one week and i could not be in position to make this loan payment in time, kindly forgive me. but today i will be sending some payments towards my loan, please i request you to understand me about this, it has not been my wishes,

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  • Alex    Jun 11, 2015

    Hello lenders, I am sorry for taking so much time to make my repayments, but soon i am resuming, unfortunately recently when i was planning to make the payments I was hit by malaria and now i am better, I can resume to make payments end this month of next mid month and hopefully i will clear by then.

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    • Emily    Jun 11, 2015

      Hello Alex,
      I am so sorry to hear of your illness! I hope you are feeling better.

      We believe that regular on-time repayments, no matter how small, are important to preserving a relationship of trust with lenders and our community. For this reason, we do not offer the option to delay payments. Instead, we request that you temporarily reduce your installment to an amount you can afford to pay right now, and go ahead and make that small payment. You may then increase your installment again when you are able.

      To reduce your installment amount, please log into your Zidisha account and click on "Adjust Installment Amount," and follow the instructions there.

      Thank you and feel better!
      Emily, Zidisha Team

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  • Dickson    Jun 2, 2015

    Alex is well and he has rescheduled his loan so will be repaying soon. Thanks our lenders for your patience

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  • Alex    May 16, 2015

    Hello lenders I would like to finish making this payment because I need more help and there is some cash i am waiting of which is from my goods which was taking before and i am receiving some payments in bulk so i am planing to settle this laon in good size

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  • Alex    Apr 30, 2015

    Dear Lenders, I want to first apologize for the delays of my loan repayment, but this is due to the problem we have been having in Nakutu town, where we were puting our clothes to sell the county goverment decided to relocate us which has really affected us, it is now like starting a business from scratch because this new place my customers dont know and its really harsd to trace where we are, but I promise to resume paying this loan within no time, I will make sure as from date 7 next month i wil do some several payment to recover my lateness. Please I apologize for that. but at the moment i am doing well healthwise and I cannot complain. thanks for your patience and sorry for keeping you waiting

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