Adding stock into my business
Enock
Nyamira, Kenya
$0 to go
100% funded of $103 goal
0
days left
Entrepreneur
Name
Enock
Member since
October 2017
On-time repayments
11 installments • 36%
About Me
I'm Enock Ondieki Nyantika, a Kenyan male citizen. I'm 23 years old. I started school in the year 1997 and did KCPE in the year 2006 from kiambere primary school. I passed my exams and I proceeded to Secondary school education. I did my KCSE in the year 2011 and scored a B+(plus) from Hema-Chitago Secondary school. I went to the University where I joined in the year 2012 September. I graduated my first degree in 2016 November 25th. While in university I identity to be a businessman in the year 2014. I opened my small 'hair cutting kinyozi and Salon' that demanded $200. When I was given my second HELB Loan in the year 2014, I immediately started the business. Above all I come from a humble background with God fearing. I trust and believe in God since God is the one who gives when we are in need.
My Business
At the moment am still operating my 'Kinyozi and Salon', my self employment. I mainly get my income from there. I get around $9 per day. I used my last loan to add my stock in my business where I purchased one new Machine for hair cutting that costed me $26. After adding my new machine my daily earning profits increased from $5 to $9. Know I am using my profits to pay school fees to my brothers and my sisters and I also use other amount for upkeeps.
Loan Proposal
I am going to purchase a new super machine for hair cutting into my business, which will cost $50, by doing this I would have expanded my business and start marking more profits per day.
I want to move to a greater profits from $9 to around $25 per day. Besides that I want the remaining amount of around $50 to pay my tuition fee in my university . I will be greatful and always smiling if I get a loan. I promise to pay the loan in time as soon as it is delivered. Thank you Zidisha as I am waiting to hear from you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$103.00
Date disbursed
Feb 24, 2018
Repayment status
Late
Projected term
6 weeks
Other loans
Lenders
Taiwan
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