Entrepreneur
Name
Stephen
Member since
March 2021
On-time repayments
7 installments • 43%
About Me
An experienced hotelier within Africa for the last 10 years
I have built successful hospitality establishments ranging from Hotels to restaurant's in more than 10 countries in the last 10 years,
Recently taken up a new challenge that has great rewards in the near future.
My Business
I have recently taken up a new challenge of opening up a human hair business.
Due to the contacts that I have made during my travels I have been able to source great quality 100% remy virgin hair that is in demand due to the quality and able to resell in Kenya for great margins.
I have been able to source great hair, grade 11A & 12A , brought some samples as well which were well accepted by the market & definitely shows a good demand for this quality.
The business is quite new, has great demand but would require a good stock on inventory to begin with.
Loan Proposal
• add on inventory (from other personal funds)
• use this funds to market on social media
• marketing campaign will run for 2 weeks on various platforms
• will create and increase awareness
Income Source
• funding already present for repayments
• building up worthiness until we can get $10 000 funding for inventory
• repayment on 100% track record
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$37.00
Date disbursed
May 4, 2021
Repayment status
Late
Projected term
4 weeks
Other loans
Lenders
Summary
Amount repaid
$0.31
Amount remaining
$36.97
Expected completion
Jun 6, 2021
Status
Repaying late
Installment amount
$9.32
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 16, 2021 | $9.32 | Apr 11, 2021 | $0.31 |
| May 23, 2021 | $9.32 | ||
| May 30, 2021 | $9.32 | ||
| Jun 6, 2021 | $9.32 | ||
Ask Stephen a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.