Loan for purchase an electric dustpan vacuum

Dennis

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Dennis

Member since

April 2017

On-time repayments

21 installments  •  33%

About Me

I'm a business man and i deal with cosmetics and a boutique whereby i have employed around five women who work for me and i pay them a monthly amount of 20,000 each due to the large profits that my business accrue monthly, but currently i was running out of stock and i needed your financial assistance to bail me out of the financial stalemate that am currently in

My Business

currently I'm running out of stock and i needed your financial assistance to bail me out of the financial stalemate that am currently in. I earn approximately 25000 ksh weekly profit. Kindly give me a loan to boost my business, it wil be kind of you to offer me this loan as i have to buy some stocks that most customers need

Loan Proposal

I will use to purchase an Electric Dustpan Vacuum which cost $119.00
No major advertising campaigns are anticipated. Our research has shown that word of mouth is the best advertising for this type of business. We will, however, run specials throughout the week. We will also ask clients for referrals, and reward them with discounted or free services depending on the number of clients they bring. We will also offer discounts to the new clients who have been referred. There are plans for a lottery that will offer a free trip to, say, Cancun. A client would simply refer new clients to us, and we will place a card in a box for each client he or she brings. The more they bring, the more chances they have of winning the trip.
My beauty salon is an establishment dealing with cosmetic treatments for men and women. Other variations of this type of business include hair salons.
If i have enough capital i will love to start massage for the body which is becoming a popular beauty treatment, with various techniques offering benefits to the skin (including the application of beauty products) and for increasing mental well-being. Hair removal is offered at some beauty salons through treatments such as waxing and threading. Some beauty salons style hair instead of going to a separate hair salon, and some also offer sun tanning. Other treatments of the face are known as facials. Specialized beauty salons known as nail salons offer treatments such as manicures and pedicures for the nails . A manicure is a treatment for the hands, incorporating the fingernails and cuticles and often involving the application of nail polish , while a pedicure involves treatment of the feet, incorporating the toenails and the softening or removal of calluses.
If given a chance then I am going to expand my business and introduce all those explained above.
Kindly increase my loan limit as I need more money to expand my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 15, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

Jonathan Ely

Aldershot, United Kingdom

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$5.19

Amount remaining

$0.00

Date repaid

Nov 2, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 24, 2017 $0.99 Nov 2, 2017 $0.99
Oct 1, 2017 $0.99 Nov 2, 2017 $0.99
Oct 8, 2017 $0.99 Nov 2, 2017 $0.99
Oct 15, 2017 $0.99 Nov 2, 2017 $0.99
Oct 22, 2017 $0.99 Nov 2, 2017 $0.99
Oct 29, 2017 $0.25 Nov 2, 2017 $0.25

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