Inventory

Moses

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

March 2019

On-time repayments

164 installments  •  77%

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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  • Moses    Apr 17, 2024

    My motorbike is still at police station and not at work

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  • Moses    Mar 27, 2024

    My motorbike was involved in an accident not in operation at the moment

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  • Moses    Mar 1, 2024

    The business is still tough I have been closing due to licence fee cause am not having licence fee at the moment and County askari are on our neck

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  • Moses    Feb 18, 2024

    This is because the business is picking up slowly by slowly and I was not able to work effectively to meet the required profit given more time the repayments will not affect the business operations

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  • Moses    Feb 9, 2024

    Thank you so much for funding me, I have received the cash and paid for the stage registration fee for my bikes may God really bless you all

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  • Moses    Feb 8, 2024

    I will pay for Stage registration fee, it will help me have my motorbike be registered in the stage, may God bless you so much for funding me.

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  • Moses    Mar 13, 2022

    Kindly adjust for me for further instalments since the business is getting down

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  • Moses    Mar 13, 2022

    The business has been so bad but we are trying to move on

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  • Moses    Feb 23, 2022

    The reason for the change in the installment amount is covid 19 after effects, slow business and loss of cash through fraud.

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  • Moses    Feb 23, 2022

    the reasons for late payments are covid 19, business seasons and losses

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  • Moses    Feb 5, 2022

    Hello am out of business currently and am kindly requesting for more time to plan myself to offset the balance kindly give me more time

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  • Moses    Feb 3, 2022

    the bussiness is highly affected by covid 19` trying all possible ways to salvage it

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  • Moses    Feb 3, 2022

    business highly affected by covid 19. trying all ways possible to survive

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  • Moses    Nov 24, 2021

    Business is undergoing bankruptcy

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  • Moses    Nov 16, 2021

    Business constraints

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  • Moses    Oct 28, 2021

    Hello business is tough right now prices have gone up

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  • Moses    Sep 19, 2021

    Covid 19 effects

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  • Moses    Aug 19, 2021

    Covid 19 effect

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