Funds to pay business house rent

Yuvenalis

Mosoriot, Kenya

100% repaid

Entrepreneur

Name

Yuvenalis

Member since

March 2017

On-time repayments

57 installments  •  33%

About Me

My names are Mogire Yuvenalis I was born in a less privileged society where I struggled to go theough school but I managed to finish form four. I worked in the tea estates where I saved some money to start a barber shop. Here my customers are mainly students from Mosoriot college.
I am married and have three children whom am caring for and educating. They are sharp kids that I look forward for them to be very important people in society in the future.

My Business

I own a small barber Shop commonly known as Kinyozi I shave mainly college students from Mosoriot teachers college and locals. I make averagely Usd 300 per month. This business is ideal for this area because of the clientele of college students who prefer to be smart always. With the little earnings I am able to pay my bills and take care of my family.
My main bills here are house rent and power bills. I look forward to expanding this business and employing more youths from this locality to help me in this business.
Thank you

Loan Proposal

I am once again requesting for funds to pay my business house rent for the month of sept 2017 that will be due on 1st September. My rent is USD 50 . Once I pay my rent I will be able to do business without worries of the landlord disturbing me. This will provide humble time to serve my customers well thus improve my turnover. This will lead to improved profits. Having improved profits I will be able to feed my family pay my bills in time. My children will go to school and have an improved standard of living. I have intentions of expanding the business to be an executive barber thus need to work on improving the turnover. I therefore humbly request you to support me in this journey of improving my business.
Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

2 months

Lenders

SH

Stephanie He

United States

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