Gerishom

Magumu Kinangop, Kenya

100% repaid

Entrepreneur

Name

Gerishom

Member since

April 2013

On-time repayments

294 installments  •  18%

About Me

I come from a family of eight from the Western part of Kenya. I moved to Central Kenya to work as a Teacher to support my Education as well as that of my siblings. Am a graduate from Wayland Baptist University with a BA in Religion minor in English, Am also a trained Primary school teacher. I ventured in business to cater for my needs and promote my family to go through school. I want to expand my business by coming up with a modern shop offering internet services and selling books to curb the great appetite we have for knowledge in our nation. I believe that is through education that we can break the glass ceiling of poverty our nation.

My Business

I operate a film shop where i sell movies for local public performances, home viewing as well as educational ones used in schools and churches. These goods are in great demand since the world is changing very fast where information has become a pillar of economic drive. Many people prefer to watch a film to get the gist of something rather than the manual way of doing things. Students especially learn through this method more than when they read the same from the books due to the dwindling reading culture. Again not all people who can access or afford books and for those who can some don't know how to read and write.
I wish to expand this venture to be a library in one of the major towns to cater for college and university students, This will give opportunity to many who are willing to do research via the internet hence they cannot afford to secure a computer at home.
Currently, I earn an average of Ksh20,000 a month and I plan to triple the amount in the next few months. Given the loan i will be able to buy some computers to facilitate this promising venture. I pledge to abide by the stipulated rules in the servicing of the loan given. Am available to give more information when required to do so. Thanks in advance.

Loan Proposal

This amount will help me to purchase a CPU machine to facilitate my business. This amount though minimal will fuel the vision that i have to increase the number of the computers that I already have and create confidence in clients. The loan is just but a booster to the venture that is already moving. I really appreciate for being given this window to realize my dream.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 8, 2013

Repayment status

On Time

Projected term

3 months

Lenders

E

Errol

Bradenton, FL, United States

J

jjonas

berlin, Germany

A

Andy

Berlin, United States

N

NLArjan

Leiden, Netherlands

A

acolomitchi

Eynesbury, Australia

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