An additional hair dryer to boost my hair dressing business

Cecilia

Amantin, Ghana

100% repaid

Entrepreneur

Name

Cecilia

Member since

February 2016

On-time repayments

81 installments  •  56%

About Me

My name is Boatemah Cecilia a young lady of 37years. I am a native of Amantin in Brong Ahafo region (Ghana). My parents are Mr. and Mrs. Boateng. I am married to Mr. Kotoka Emmanuel and we had two children.
I started my basic school at St. Martin Roman Catholic school in Amantin. I continued to AMASS senior high school at Amantin for my S.H.S education. After I complete S.HS., my parents do not have money so I decide to learn a trade (Hair dressing). After completing learning the trade, I met Mr. Kotoka who married me later. My dream is to help my husband take good care of our children. My best food is rice with beans stew. My hobbies are swimming, playing with my husband and children and also watching movies.

My Business

I comensed this business after marrying Mr. Kotoka. It is my wish to take good care of my children. My hair dressing business only deals with women. This business has been of great help to me. It is the main source of income to the family. It has also helped me to cater for my two children. I manage to get $55 every week. I have three apprentices whom I am teaching the trade. It is my ambition to raise my profit margin by 80% in the next three months. The profit gain from this business will be invested into my children's education.

Loan Proposal

Dear lenders, I wish to apply for a loan of $100. If this loan is given to me, I will use it to purchase a new hair dryer for my salon. I have lot of customers who do their hair in salon. I need an additional hair dryer so that I attend to the many customers that come to my salon for hair beautification. The presence of only one hair dryer in my salon prevents most customers from coming to my salon to either dress, weave or style their hair. Dear lenders if I get this hair dryer, it will help increase my profit by 80%. So dear lenders help me. I promise to repay it on time. I will also accept and agree to any terms and conditions that will be given to me. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 3, 2016

Repayment status

On Time

Projected term

4 months

Lenders

PG

Paul Graham

United States

A

Adam

United Kingdom

SH

Stephanie He

United States

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