To buy a backup machine

Faith

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Faith

Member since

July 2015

On-time repayments

149 installments  •  41%

About Me

My nameis Faith Munyiva, I grew up in Makueni county. Life was very tough even getting a meal was an issue after we were chased by in-laws from our land. I moved to Nakuru to look for a job to feed my siblings being first born in the family of five. I trained myself to do hair and partnered with my friend and after sometime i got space of my own.
I love reading a lot during my free time

My Business

I run a hair salon business, started it 2 years ago after got many clients who hard trust in my job having worked with my friend for long time. My biggest challenge now is to replace my old equipment. My customers are teachers from nearby schools and also the place is known for salon business. My goal is to do it in a big way where i will be having many small salon booth. My salon is a business i am proud of may be extending it to a training institute in future. I make profits of upto $80 in a month which i use to expand my business and cater for the needs of my siblings

Loan Proposal

Given the loan together with my savings i will use it to purchase backup generator at a cost of $100 and salon supplies at $100 .This will attract many customers since many believe in unique stuff and in turns i get good revenues to pay my loan and educate my siblings and feed my elderly parents. Becaus the month of May to May is due high havy rains that cause the lost of electricity . thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Feb 3, 2016

Repayment status

On Time

Projected term

4 months

Lenders

KieranB

Ireland

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