Loan to buy more beauty products for salon use

Joy

Eldoret, Kenya

11% repaid

Entrepreneur

Name

Joy

Member since

April 2017

On-time repayments

25 installments  •  4%

About Me

I am a simple business oriented lady and describe myself as reliable.
In fact, I describe every challenge I face as “an opportunity to gain more experience". I am a very hardworking lady and an achiever. I hail from Teleview Estate in Eldoret area of Kenya.
I was born in a family of 4, 2 brothers and 1 sister.I am a christian and i love socializing.
I studied in Mulango girls high school and later joined a saloon college here in eldoret town.
I support my siblings in education and my family too in basic necessities.

My Business

I operate a beauty salon where I offer beauty services.
My business is located in a good area and my primary customers are locals.
I describe my biggest business challenge to be inadequate working capital.
I get an approximate of kshs; 600/= a day.
The business is quite booming as people need to be smart.
I hardly go without a customer.My profits normally goes to family needs and schools fees with the help of my parents.

Loan Proposal

I am seeking a loan to buy more beauty products for salon use that would help me in my saloon business.
I want to have the necessities to run my business in order to improve the quality of my business outcome and satisfaction to my clients. The increased output will translate to increased profits that I will use to repay my loan as well as give my family a healthy lifestyle.
I am very thankful in advance for your help and contribution.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Apr 27, 2017

Repayment status

Late

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

Ask Joy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Joy    May 14, 2017

    Dear Lender,
    I have reduced the amount because inflation is high in the country at the moment.
    I will increase once things stabalize.
    However, everything is doing well.
    Thank you

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  • Joy    May 12, 2017

    Happy to say a greeting to all my dear lenders,
    I am doing fine and business is doing okay.
    God bless you

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  • Joy    Apr 28, 2017

    Dear Lenders,
    I received kshs 2,494/= (US Dollars $ 24.17 which I bought salon products that give me just what i need for a fabulous hair day in my saloon. These are styling aids for every curl, updo and blowout.
    Also hair gel, mousse, pomade and even hair color touch-up products.
    I would humbly wish to thank my lenders and promise to make timely repayments.

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  • Joy    Apr 25, 2017

    Dear Zidisha,
    My loan is still pending disbursement until now and a week is over.
    PLEASE INFORM ME

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  • Joy    Apr 18, 2017

    Thank you dear lender,
    I am thankful for your immediate funding towards my business, I will buy more beauty products for salon use that would help me in my saloon business.
    The increased output will translate to increased profits that I will use to repay my loan as well as give my family a healthy lifestyle.
    I am very thankful for your help and contribution.

    Log in to reply • Share


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