Brow-dry machine for my salon business

Geasre

Limuru Kenya, Kenya

100% repaid

Entrepreneur

Name

Geasre

Member since

September 2015

On-time repayments

164 installments  •  65%

About Me

I am a Kenyan Woman aged 27 yrs old, originally from Nyanza Province, Nyamira County from a poor family, but I managed to completed my 0-level in the year2007.I lacked financial for my course of Hair salon and Beauty, that made me to join the nearby salon for a course, knowledge and experience was gained since my Mother had no fund to open for me my salon I had to work at that salon to get fund to open main, although it was had job due to low salary sometime go home without money because it was a commission job.Being person of passion,faith and opportunity to pasue in business to change our family from poor to rich environment.I do the job from Sunday to Friday since am a Seventh-Day Adventist Christian i go to worship my Creator who gives opportunity where is impossibility to human being, I fear God.
After a year in that business i managed to open my salon and beauty with what had probably saved although was poorly paid, at Ngarariga town at an open air near our plot where I had been for one year know. The business itself I what is to grow to maximum so that my kids can go to good school the have well managed life since at home no big land to inherity. My hobby is to read the Bible and Singing hymns which strengthen my faith to God.

My Business

I used working at my saloon then managed to open another business of selling Bananas and pumpkins which is a human need daily that can great more living than salon but still I cannot leave it although the goods are of good demand than the salon which is seasonably. That is why I choose the business of selling bananas and pumpkins the business has increased the earning cost from 65% to 100%, the profit I can use it to pay school fees for my kids then the rest can be used to increase my stock and pay my rental house. So the combination of the salon and basic goods has changed my life more than usual since that what am getting cannot make me to improve stock am coming to you for more fund to increase the new business stocks.

Loan Proposal

I will use the fund to buy the Blow-Dry machine which will cost 150dollars, the rest be used to purchase pony of different kind so that I can have many customers of different hair dressing that can increase my earning from 22dollars to 35dollars per day. The increase amount will be used to pay my workers who help me in my daily business, also pay business room and stay house. I will be thankful if you consider my request and pay it in time and come for more fund.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

6 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$315.00

Amount remaining

$0.00

Date repaid

Sep 17, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 5, 2016 $10.03 Mar 6, 2016 $10.03
Mar 12, 2016 $5.02 Mar 13, 2016 $5.02
Mar 19, 2016 $5.02 Mar 19, 2016 $5.02
Mar 26, 2016 $10.03 Mar 26, 2016 $10.03
Apr 2, 2016 $10.03 Apr 2, 2016 $10.03
Apr 9, 2016 $10.03 Apr 9, 2016 $10.03
Apr 16, 2016 $10.03 Apr 17, 2016 $10.03
Apr 23, 2016 $10.03 Apr 23, 2016 $10.03
Apr 30, 2016 $10.03 Apr 30, 2016 $10.03
May 7, 2016 $10.03 May 8, 2016 $10.03
May 14, 2016 $10.03 May 14, 2016 $10.03
May 21, 2016 $10.03 May 21, 2016 $10.03
May 28, 2016 $10.03 May 28, 2016 $10.03
Jun 4, 2016 $10.03 Jun 4, 2016 $10.03
Jun 11, 2016 $10.03 Jun 11, 2016 $10.03
Jun 18, 2016 $10.03 Jun 18, 2016 $10.03
Jun 25, 2016 $10.03 Jun 25, 2016 $10.03
Jul 2, 2016 $10.03 Jul 2, 2016 $10.03
Jul 9, 2016 $10.03 Jul 9, 2016 $10.03
Jul 16, 2016 $10.03 Jul 16, 2016 $10.03
Jul 23, 2016 $10.03 Jul 23, 2016 $10.03
Jul 30, 2016 $10.03 Jul 31, 2016 $10.03
Aug 6, 2016 $10.03 Aug 6, 2016 $10.03
Aug 13, 2016 $10.03 Aug 13, 2016 $10.03
Aug 20, 2016 $15.05 Aug 20, 2016 $15.05
Aug 27, 2016 $15.05 Aug 27, 2016 $15.05
Sep 3, 2016 $15.05 Sep 3, 2016 $15.05
Sep 10, 2016 $15.05 Sep 10, 2016 $15.05
Sep 17, 2016 $24.03 Sep 17, 2016 $24.03

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