Additional barber shop in beauty salon

Robert

Timau, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

July 2015

On-time repayments

394 installments  •  77%

About Me

I was born in a humble family in Meru County. I did my schooling with a hardship situation because of a financial resources from my family. But I managed to complete my form four. To continue my educational process it took me another hardship labor in order to go to college. I was working as a farmer in various farm in order to have some cash to sustain my educational pursue. Now I had a call to serve the church and currently working as a Evangelist in Presbyterian Church of East Africa. Currently am posted in Timau PCEA where am living with my family.

My Business

Since I joined zidisha,my business has grown rapidly. I started with a small beauty Solon named blessed hair saloon. Through funding from zidisha,I was able to stock other products as the demand was.these were things like cosmetics, waves and braids,different types of oils,and many others. As the business grew,I was able to introduce a barber shop inside the saloon. This was to take care of men needs.Hear they can step in and have their hair shaved. Not only men but also ladies who wish to shave.
As a result of meeting these customers demand, my business has grown to greater height. This has increased the income of My family. Iam now able to pay school fees for my daughter who is in highschool. As a result I have also been able to join college. Moving forward,their are still some more commodities I wish to stock in future.

Loan Proposal

Acording to customers demand there has been the need to add a barber shop. As a result, I need to buy the follwing items: Shaving seats: 200usdollas
2 shaving machines: 100usdollas
Hardbags: 200usdollas
Cosmetic: 50usdollas
I will also be able to some stock on what was being sold in the beauty saloon and also improve on the services offered. This will see the profit increase from the current 35% to about 55%.When this is achieved I expected to raise the standard of my life and that of my family. Also from the raised profit ,I will be able to pay school fees for my daughter who joined high school in the beginning of the year.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$573.00

Date disbursed

Aug 16, 2017

Repayment status

On Time

Projected term

13 months

Lenders

J

JakeA

Wellington, New Zealand

M

Moonknight

Østre Gausdal, Norway

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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