Name
Fredrick
Member since
June 2017
On-time repayments
34 installments • 100%
I am a third borne in a family of five from a rural village in kenya. i schooled in a local school before going to a high school and then Moi University. My dad was a taxi driver and my mum a house wife. It wasn't easier for my parents to provide for us but they really featured well when it was issues to with education.
In university i was an adult and i used to sell airtime and eggs to supplement my subsistence. in my second year i got training as a driver and todate that is what puts food on my table. After college i was employed with a local bank then four years down the line got an appointment to the local government, what we call a county in our country. The recruitment process had issues and in 2013 i lost the job and i would not go back to the bank. since then i have been a truck driver till 2016 when i decided to go back to class and do my masters.
I am a student doing my masters and I have had this flair of having a barber shop that is standard. I have identified a location and i have some cash to rent the premises. All i need are funds to start it off and i may not start making profits instantly and that is why i am in need of financial help.
I have one wife and one son aged 4 years. my wife is a graduate too and jobless. my son likes traveling which i love too and even the mother. I do academic writing in my free time and during weekends i do my thing, driving. Having a barber shop will get myself busy alongside my class work as well as income to raise my family because i am staying in the city with my nuclear family while extended family is in the village. the truck belongs to the family
I have a barber shop in the estate being managed by my wife, at the moment i am contracted by a local institute to develop online training manuals for them. i want to use my next loan to equip my barber shop by upgrading it. It is a simple investment that shaves people as well as blow-dry services. It's my prayer that am at a position to restock my shop during this festive season to be able to tackle the hurdles of January
I will use the loan to start a barber shop at Makadara i will work with zeal and enthusiasm to ensure that it is of class. I will employ one attendant and i intend to lure my wife to sharing the room as a salon. This in turn will render both of us busy, productive and in meantime am looking for a position to establish a cereal store and move my life from the village to the city.
I am looking forward to moving my life from the village to the city where there are like minded people at the same time pursuing a masters degree was aimed at changing my clientele. I need to start low at the same time i need finances to cater for my family to prove that i am a provider.
I am setting a barber a barber shop with regular updates through media, i.e. a daily newspaper popular magazines and a screen. With time i will update the barber shop to have a till number, nice shaves and free wifi.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Jun 30, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$45.32
Amount remaining
$0.00
Date repaid
Sep 5, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 8, 2017 | $1.98 | Jul 3, 2017 | $1.98 |
Jul 15, 2017 | $1.98 | Jul 10, 2017 | $1.98 |
Jul 22, 2017 | $1.98 | Jul 17, 2017 | $1.98 |
Jul 29, 2017 | $4.94 | Jul 25, 2017 | $4.94 |
Aug 5, 2017 | $4.94 | Jul 31, 2017 | $4.94 |
Aug 12, 2017 | $4.94 | Aug 10, 2017 | $4.94 |
Aug 19, 2017 | $4.94 | Aug 17, 2017 | $4.94 |
Aug 26, 2017 | $4.94 | Aug 22, 2017 | $4.94 |
Sep 2, 2017 | $4.94 | Aug 28, 2017 | $4.94 |
Sep 9, 2017 | $4.94 | Sep 1, 2017 | $4.94 |
Sep 16, 2017 | $4.82 | Sep 5, 2017 | $4.82 |
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