Simon
Kiambogo, Kenya
$0 to go
100% funded of $478 goal
0
days left
Entrepreneur
Name
Simon
Member since
October 2012
On-time repayments
13 installments • 0%
About Me
I am a father of three children, all are in primary school. I live in Kiambogo trading center, plot number 189. My occupation is a barbering and salon also I am also a member of Elementaita interdenominational pastors fellowship, I have a general knowledge, also I have completed my high school education.
I started a business of a kinyozi after completing my course in hair and design . I am expecting to purchase more and newly and modern machine especially for a salon, also I will purchase cosmetic and material for making hairs for young ladies.
My Business
My business is Barbering and salon.
My business is Barbering and salon. They is a lot of demand a someone who know outcomming hair design, and also so many people here rely on kinyozi for shaving their hair.
In Kiambogo there is few salon thus I my able to catch more customer. The business will be profitable because it reduce expenses thus the only expenses is only paying electrical bill. The risk facing the business is only power rationing during the rainy season which hinders the business to continues,
My typical monthly cost is khs 50000, sale revenue is around ksh 30000 and profit is above 15000 but I am planning to earn more.
Loan Proposal
I will like to use my loan that I wiil be granted to buy new modern shaving machines for my kinyozi business. This will improve the quality of services that am currently offering to my customers. Most of them have been complaining that the machines I have are not working properly and therefore would like to improve this. In the salon I will hire one more attendant so that I can serve more customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$478.00
Date disbursed
Dec 3, 2012
Repayment status
Late
Projected term
14 months
Lenders
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Summary
Amount repaid
$0.00
Amount remaining
$561.73
Expected completion
Mar 2, 2014
Status
Repaying late
Installment amount
$49.99
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 2, 2013 | $0.00 | ||
| Apr 2, 2013 | $49.99 | ||
| May 2, 2013 | $49.99 | ||
| Jun 2, 2013 | $49.99 | ||
| Jul 2, 2013 | $49.99 | ||
| Aug 2, 2013 | $49.99 | ||
| Sep 2, 2013 | $49.99 | ||
| Oct 2, 2013 | $49.99 | ||
| Nov 2, 2013 | $49.99 | ||
| Dec 2, 2013 | $49.99 | ||
| Jan 2, 2014 | $49.99 | ||
| Feb 2, 2014 | $49.99 | ||
| Mar 2, 2014 | $11.86 | ||
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