Entrepreneur
Name
Peris
Member since
January 2016
On-time repayments
39 installments • 77%
About Me
I grew up in a humble background and had to walk long distances barefoot to school ,my parents were peasant farmers but they struggled to take us to school ,however my dreams of becoming a nurse come to an abrupt end after my dad passed away after short illness. My mother could no longer afford school fees for me and my four sibling and so I had to drop out of school. I worked a s a house help ,fo a year and then went back to school where I completed my secondary education and joined university of Nairobi.
Raising money for my basic needs while at school become an uphill task and thats is when I decided to use a loan from my friend to start a saloon ,at first I used to run the business from my hostel but when the client number expanded I decided to rent a room near our hostels and I am happy ,the business enables me to take care of my basics.
I love traveling, nature walks and help the less advantage in the society, I spend most of my Sundays in orphanages with orphan kids ,to give the hope and show them motherly love.
My Business
My small saloon business provides hair dressing,plating, manicure and pedicure to my esteemed clients who are mainly students. The strategic location of the business enables me to get lots of clients, I have one employee who helps me when I am in class.
I choose these business because it was easy to start and need small capital.
my monthly costs are $150 for rent ,electricity and salaries and my profits are $300 per month.
I use the money to support my aging mother , pay for my basics,support orphans and my siblings.
Thank you so much for reading. God bless you
Loan Proposal
I am kindly and humbly requesting for a $400 loan to help me buy a solar panel to help me run my saloon more efficiently and protect my clients against frequent blackouts with some lasting for days.The solar panel will help increase my profits through attracting more customers and retaining my clients since they will be sure of my services with or without electricity. Thank you ,God bless you abundantly .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$384.00
Date disbursed
Oct 6, 2016
Repayment status
Late
Projected term
61 months
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