Felix

Nakuru, Kenya

91% repaid

Entrepreneur

Name

Felix

Member since

February 2013

On-time repayments

11 installments  •  36%

About Me

My names as I indicated earlier is Felix Kioko Musela, being born in Nairobi in a family of 9 children being the fifth born in our family.
I started my education at Ikaasu Primary school from nursery to standard eight in the year 1978. Later I enrolled to a secondary school known as Kaumoni Boys at Makueni District, whereby I sat for my 8-4-4 Exams in the year 1992.
After my secondary education I joined Kenya Polytechnic whereby I learned a Book-Binding course.
Later, I started a business at Kabarnet, Baringo County in the year 1995 dealing with book binding, e.g binding school text books.
In the year 1999 I married Betty Owuor and we were blessed with 2 daughters and one son with whom they are at school.
In the year 2001 I shifted to Nakuru Town whereby I still go on with my binding business of which I own myself. Since am not that interested to be employed, that's the reason I started my own business. And through my business I have been able to cater for my business needs and also to save for my future references.

My Business

Am a barber, deals with shaving people's hair, beards, both children and grown up people. I started it in the year 2001 at Nakuru town located at Shoppers Paradise in the middle of Nakuru town.The reason why I started this business is because I have before been employed as a barber of which I got the experience through it.
My services are of good standards whereby I meet all criterias of my customers by providing good services to them.
Since I now, I have managed to gather my regular customers whom they always came there for shaving services. So I have been able to create profits through them. Also the location of my business is at the best place where there is a lot of people pass-by.
The risks that I mostly face is lack of accountability because it is not something you can count on, since am not there most of the time. So most people are not honest that much.
Per month I manage to save Kshs. 5,000, that is minus all expenses.

Loan Proposal

First and foremost is to thank you people for your continued work of helping us. I would like to encourage you to continue in that way.
With the help of giving me your loan, I will be able to add some shaving machines in my shaving business. also I will be able to employ another person of which can help in this work when the customers are many because sometimes it becomes hard for me to meet my customers needs all because I use to work all alone.
Thanks in advance and am willing to work with you all day long.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 25, 2013

Repayment status

Late

Projected term

11 months

Lenders

B

Brendan

Epsom, United Kingdom

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