Buying a big dryer machine for my salon business

Quinter

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Quinter

Member since

March 2016

On-time repayments

111 installments  •  18%

About Me

Am called Quinter Anyango I was born in the year 1995 in Nyanza province in Kisumu County ,and being a total orphan I stated School some how late because my guardian who is my ant did not have enough money to feed us and also pay for the School fees at the same time ,therefore I started Schooling when I was 7 years instead of 6 years as recommended by the Government of the republic of Kenya.
I started Schooling between the year 2003 to the year 2010 at St Patrick Primary in Eldoret town.and between the year 2011 to the year 2014 at St Peters High School in Eldoret town and County.
After I completed my High School then I started working in one of the Salon as a casual laborer for almost two years and I saved 20,000KES to begin my own Salon Business of which am running till now which is giving me a living.
I started this Business of mine after saving the money I was earning from my casual labor in one of the Salon in this town of Eldoret.
The Unique thing in this place where am coming from is that girls are not given inheritance of their fathers more especially the land ,like for my case my father a had big Chunk of land but because he did not have a boy the land was to be distributed to neighbors and I did not get any thing even a piece.
Am not married yet therefore I don't have Children but am hopping to get married some day if God will.
My hobby is reading the Bible and singing at my free time and also playing hokey and foot ball.

My Business

I provide Salon care services that is plating ,braiding and culkiting the heir of my customers in this region and beyond.
This services is so important and is in demand because there are many ladies who are working class who want their heir to be made and styled but there are very few professionals like me in this region or a round this place.
I chose this kind of Business because I am trained in this kind of profession and it is my talent due to the fact that my ant trained me in this work when I was 6 years old when I was still with her at home, then latter I developed the interest and joined the course.
My typical cost is 25,000KES.
1.School fees for my siblings is =15,000KES
2.Reinvestment in growing the business 2,000KES
3.Home improvement is =5,000KES
4.Helping my and =2,000KES.
5.Church activities=1,000KES
And I hope this will continue as I also grow financially and in business.

Loan Proposal

When given this loan amount then I will be able to buy a big dryer machine for my salon business at the cost of 1000 US Dollars.
This will enable me serve many customers of mine as fast as possible and very efficiently and this will make me more money because I will able to do the work faster and many customers therefore I will earn more money .
If this plan is implemented the I expect this business of mine grow by 30% and even more because this Business is very viable in this place .
Thanks in advance for considering to fund me for the first time, indeed I trust Zidisha lenders and therefore I promise to be faithful in repayment.
God bless Zidisha team and Zidisha Lenders

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

Mar 23, 2016

Repayment status

On Time

Projected term

36 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

The Zinc Team

San Francisco, United States

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