2drier machines manicure & pedicure materials for my saloon

Phoebe

Nairobi, Kenya

26% repaid

Entrepreneur

Name

Phoebe

Member since

January 2015

On-time repayments

190 installments  •  15%

About Me

I was born in the village of Radienya Migori county in Kenya. I am the first born in a family of nine. I studied in the neighborhood till I attained my O level education. Later I went to college where I did my beauty and hair dressing course. From there, I came up with an idea of starting my own business to enable me assist my parents raise fee for my other siblings and to be self reliant since my parents were poor and could not be able reach the goals of educating all of us without extra support. In our culture girls are not given a priority in family inheritance like land so I had to come up with Idea that could enable me rely on my own therefore I had to get married at tender age. My hobby is watching fashion watch and through this, I have managed to learn new trending hairstyles that can attract more customers in my premise.

My Business

I do hair dressing, hair straightening, curling, plaiting,manicure and pedicure among other beauty services. The services I offer are highly on demand since I am professional in beauty services and also people need to be smart and presentable in there daily lives. Alongside that, my workers are also experienced and friendly to customers therefore it makes more customers come to the premise. I chose this kind of business because ladies in my community where I live likes elegant look through adopting new hair styles and other beauty services. I get an average of $11 per day through this I can cater for daily expenses. The profits I get from the business, I use in schooling some of my siblings and also taking care of myself and my family and the rest in reinvestment.

Loan Proposal

Buy 2 Dryer machines @ $ 60 each and manicure and pedicure materials @$58.28. This will benefit me through increased returns and benefit others through creating of employment opportunities for another 2 staffs for hair dressing as well as nail artist.I anticipate an average daily net income of $ 25 to $30 my clients will benefit too because they will be served well as there will be no quieing and they will enjoy a One Stop Shop for all their beauty needs.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$185.00

Date disbursed

Jul 20, 2015

Repayment status

Late

Projected term

40 months

Other loans

Lenders

Ric

Iloilo, Philippines

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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