Restore my business by getting rental room
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 restore my business by buying materials like; pony braids ,Chemical and setting chair also have business room, apart from doing it at home compound, which will cost $170,then use the rest from what have saved that will make customers to feel comfortable when they are being done their hair dressing , it will help me to have many customers due to that my profit increases and family get daily bread so profit will raise from 20dollars to 30dollar per day. That will increase profit which will be used to pay rental room and fees for my kid in school, also have probability of maintaining customers.I will pay the loan in time then come for another one. Lenders I will be so happy if you consider my request. Thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Oct 20, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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