Restocking my saloon

Melody

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Melody

Member since

March 2020

On-time repayments

24 installments  •  50%

About Me

I was born in mumias town in 1992.i started schooling at st.annes primary and later on i joined O level at Butere girls high school.i later joined masinde muliro university.i stated my business as a sole proprietor and ventured in saloon and boutique.this has been my main source of income and is really thriving very well in my home town.

My Business

i concentrate most in supply of cosmetics and saloon in my home town.i chose this kind of business because it best suits me and i run it with a lot of ease.i make an average of ksh.6,400 per day and thats why i want to expand and add other branches in other regions.

Loan Proposal

I will use ksh.10,500 to restock my saloon with new cosmetics so as to meet the needs of my clients.this will increase the rate at which my clients will be visiting my saloon.thank you.

Income Source

i will use money from my small scale agribusiness to venture and repay my loan without failure whether with corona or without.thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$103.00

Date disbursed

Apr 7, 2020

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Melody    Jul 23, 2024

    Hello Mr.Nathan and Geoffrey. Thank you for making my project possible. I will use the money to buy some insecticides and some fertilizers for my nursery. This will help me to transplant my seedlings from the nursery to another place. Thank you again.

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  • Melody    Jun 25, 2024

    hello,thank you for funding my last project..it has helped me a lot despite the challenges of the economy in Kenya..

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  • Melody    Jun 14, 2020

    Hello,am unable to pay the full amount due to the deterioration of my business ,but i still hope for the best this coming season.

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  • Melody    May 13, 2020

    Hello,business is really low but I hope with time,it will be able to pick up and go back to it's initial state

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  • Melody    May 2, 2020

    hello Mr. Paul Buchheit,I would like to gladly thank you for the loan that you gave me. Despite of the current situation going on in the world,at least the money you lent me has been able to really help me a lot to improve my business. Thank you so much.

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  • Melody    Apr 29, 2020

    during this pandemic period,my business has drastically gone down because most of my clients have developed fear of interacting with any other people
    and actually limiting their movements even with the measures I have taken to ensure that there is no more spread of corona virus.

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  • Melody    Apr 6, 2020

    I will buy more supplies for my salon and beauty shop to meet up with all my customer's demands,this will help in improving the regularity of my customers thus boosting my weekly profits.Thank you for the loan.

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