Loan to buy disinfectant for use after shaving

Kwabena

Berekum, Ghana

100% repaid

Entrepreneur

Name

Kwabena

Member since

December 2016

On-time repayments

8 installments  •  50%

About Me

I am the fifth of my father's children. After graduating from the high school, my father couldnt afford to take me to either the training college or the university. I found it very difficult to get a job with my SSSCE certificate. I started working on my fathers cassava farm. Later my brothers and sisters started a fight over the profit made from the output. i then made a decision to get a job. I learned from a friend who owned a barbering shop. After knowing how to shave, i started my own infront of my room. I borrowed from a family member to rent a shop which i paid later to him. Now am married with two kids. The youngest is 1 year old and the eldest is 3 years. I wish my kids grow to have good heart to help people like zidisha members. I love watch football game although i dont know how to play.

My Business

I shave people's hair and beard. I start work at 6am and close at 8pm. I chose this kind of job because i had passion for shaving and it was easy to start too. I earn USD 5 to USD 10 per day. I use some of the profit to pay for my utility bills and some too for home improvements. I have already rented a new shop. When i get this loan, I will buy shaving machines and a sterilizer to start work at the new shop.

Loan Proposal

I will buy disinfectant to use after shaving which won't risk aggrovating peoples acne? This will make people know my shop is a professional barbering shop. The price of one disinfectant is USD 1. I will buy three of the disinfectants. business will increase about 20% when i start using the disinfectant.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

4 weeks

Other loans

Lenders

David McLauchlan

Seattle, United States

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Summary

Amount repaid

$2.65

Amount remaining

$0.00

Date repaid

Jan 9, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 19, 2016 $0.24 Dec 19, 2016 $0.24
Dec 26, 2016 $0.72 Dec 26, 2016 $0.72
Jan 2, 2017 $0.72 Jan 2, 2017 $0.72
Jan 9, 2017 $0.96 Jan 9, 2017 $0.96

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