Educational loan

Faith

Nairobi, Kenya

21% repaid

Entrepreneur

Name

Faith

Member since

January 2015

On-time repayments

245 installments  •  20%

About Me

My name is Faith Waki. I am a God fearing lady.I come from a family of six personally being the 5th born. I have two brothers and three sisters.I completed my secondary school education in the year 2011.After i completed my education i got involved in community work were i was educating the girl child on the importance of education.This is because the girl child in our community in most cases neglected and just few of them pursue their education.Later in the 2012 September, i joined Kenya medical training college to do dental technology.

My Business

I am a student in my third year. During my free time,that is after classes i work as a hair dresser where i provide the service to my colleagues in college.through this business i have been able to cater for most of my bills not depending from parents.
This is a service which is high demand because of the high population in the institution.i do this business as a hobby.i a day i manage to get an average of 10 dollars which i use to buy products for hair dressing and also i sort my school dues with the balance.

Loan Proposal

I would like to take this opportunity to request for another loan once again. As i am preparing for my final exams on 15/06/2015, i need to purchase enough stock which will be enough for that period i will be busy in exams.This will cut down my movements to the market to purchase braids and cosmetics for my clients.
The total cost of my stock will be averagely 250 dollars.
After purchase of this stock, i will have enough time to read and pass my exam.
Having employed two salonist's who have been helping me, i am targeting to get a profit of 30 dollars daily.
Also my clients will not lack my services during this short period i will be busy in exam.
Thanks alot

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$229.00

Date disbursed

Jun 12, 2015

Repayment status

Late

Projected term

53 months

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