Anderson beauty center {abc} - business expansion
Anderson
Nairobi, Kenya
33% repaid
Entrepreneur
Name
Anderson
Member since
February 2015
On-time repayments
9 installments • 22%
About Me
An outgoing and enthusiastic 39 year old who went through the local schools to obtain a bachelors degree in Economics & Mathematics from Egerton University in Kenya. I' am married to Juliet, with two children; Michelle, 9 years is in class 4 and dreams of being a policewoman & Brian, 3 starts baby class next year. I come from a family of 7;a brother & 5 sisters whom I derive satisfaction for having successfully seen through school. My mom, Florence is a housewife & my dad a retired teacher. Besides, formal employment, I run a small barber shop and enjoy travelling to new places during my free time. That is Anderson.
My Business
I have worked in a number of corporate organizations in Kenya including; General Motors, Coca cola, Cadbury Plc. and currently PSI/Kenya where I' am currently in charge of distribution & warehousing. While in college, realizing that government funding for tuition fees was not a guarantee, I used my first loan from the government to open a barber shop since I had contributions for my first year from relatives & well - wishers. I have continuously re-invested in this business even as I used part of the proceeds to buy a plot for my eventual home. As I use my employment proceeds, to take care of my family, I continue using my profits in re -investments & planning for my home as I look forward for the brand - Anderson Beauty Centers [ABC].
Loan Proposal
Anderson Beauty Center {ABC} , is a small business comprising a Salon & Barber shop offering basic hair beauty services including but not limited to hair dressing, hair cuts, pedicure & manicure. I intend to start refurbishing the interiors to give it a more attractive look and introduce new line like facial massage & off the shelf beauty products / cosmetics to meet the changing client needs. In the long I envisage opening branches and moving the business to the next level where clients can even enjoy a glass of free wine as they are attended to as in this generation these are the lines that will be considered premium products and as such rope in more income.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 12, 2015
Repayment status
Late
Projected term
2 months
Lenders
Redmond, United States
Beijing, China
Ask Anderson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.