Name
Noel
Member since
January 2014
On-time repayments
209 installments • 64%
My names are Noel Owour i am 23 years of age born in a family of four me being the second born in the family of David Owour.Currently i live and work in Bumala.
I run a small beauty shop in Bumala.I am o level graduate.I started this business after completing my high school so that i may raise fund for myself further studies in future.
From my business i have been able to cater for my own daily basic needs and am proud to say have bought all that required house holds.
For now i live in my own rented house.
As have said earlier i run a small business beauty shop which i run myself.
My business is purely sole proprietor which i started from my own savings and some soft loan from my mum.
My deals with weaves,abuja rastas,perfumes,cutex,nice and lovely,venus,high pencil,leap bums,nail cleaner...........I have many ladies friends and good customers.I am also surrounded by many solons who get products from my shop.
My business is profitable because i have so many customers so i sell more.I also have so many customers because my prices are fair.
The risk my business have been facing is lack of capital.My monthly cost is averagely KES 20000,sales KES 50000 and profit around KES 15000 all per month.The loan am going to get i will invest all in the business.
Thank you very much for supporting i come again to support me for my third loan.$100 i will use in adding kitenges,$100 to add school going bags and women purses then the remaining amount am going to add beauty products such as weaves,braids and chemicals for beautification in my salon job.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$383.00
Date disbursed
Feb 23, 2016
Repayment status
Late
Projected term
25 months
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