Purchase for a new hair drier for my salon
Tabitha
Kiambu, Kenya
43% repaid
Entrepreneur
Name
Tabitha
Member since
December 2015
On-time repayments
22 installments • 36%
About Me
Am a fourth born in a family of eight. Am raised by a single mother after she separated from my dad while we were still young. Life was tough as mum had to do odd jobs to fend the large family.
Education too was difficult cos school fees was scarce but mum struggled to have us through high school. My grades were not so good to enable me enroll for campus.
I later joined my elder sister in the city where I did menial jobs. I was able to enroll for a hairdressing and beauty course.
Am married and a mother of two pretty girls aged seven and four respectively. They are my pride.
My Business
After training for hairdressing course, I got got employed in various salons. This enabled me to polish up my training as well as get experience in the field.
I later quit employment and decided to open up my beauty parlor. Here I give services to women and children. This is a lady market as women will always have their hair done now and then.
The expenses are rent, electricity and water bill, licence, salary for one permanent employee.
However, the services we offer is enough to meet the above expenses and to do some savings to see me improve my home and children.
Loan Proposal
If the loan is advanced is to me I intended to buy new hair dryer for my salon worth 150$ and shampoos worth of 50$.
This will improve my business as am forced to use one old dryer which is too slow. I will therefore be able to serve a larger clientele within a shorter period thereby avoid loss of business.
This will give me a profit of up to 40$ monthly. I will employ one more employee thus creating employment and helping someone else feed his or her family.
This will also be of help as I intend to open up a beauty college in future.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Jan 17, 2016
Repayment status
Late
Projected term
4 months
Lenders
Adelaide, Australia
Columbus, Oh, United States
Riverton, United States
Heber City, United States
Freeville, United States
Perryville, United States
Ottawa, Canada
Yau Yat Chuen, Hong Kong
Glen Spey, United States
Lincoln, United States
Seattle, United States
Haddon Heights, United States
Eldred, United States
Bicester, United Kingdom
Mountain View, United States
[email protected], United States
Brussel, Belgium
United States
United States
Australia
New Zealand
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