Application for a loan to expand my business

Entrepreneur

About Me

I am the second born in a family of four. I was brought up in Western part of Kenya. I schooled at Malava Girls which is also a school in Western Kenya. My parents also live in Kakamega. I am a mother of one boy who is two years. I live in umoja. i work as a hair dresser in my own salon which is situated in the central district of Nairobi. I started this business since i realised that i am talented in that area. I serve people from different part of Nairobi. I also sell beauty products in my salon. I will use the loan to buy machines used in the salon like blow dry, flat iron and drier. I use the earnings from my business to take care of my son.

My Business

my business deals with hair dressing, manicure, pedicure and facials. i sell beauty procts like cutex, lotions, hair chemicals and treatments, hair weaves and braids, earrings and chains shampoos and clothes. The business is profitable since everyone wants to look decent and smart. There is a college near my work area whereby students come for facials and massage, weaves and to buy beauty products. Many people prefer my salon since i give them the best and at a good price. I will use the loan to invest in the business and expand so as to meet my customers needs.

Loan Proposal

I am a business lady, and first of all i would like to thank my lenders on the previous loans.i have been able to buy more equipments for my salon eg blowdry,flat iron and a drier.i would like to get another loan so that i cn add more stock on my beauty products like have more weaves,braids,chemicals,hair oils,treatments,earings,makeup kits and because we are approaching the festive season,i would like to introduce clothes and shoes to my clients since festiue seasons,people always want to look smart and good hence buying new clothes and shoes for different occasions.i wil be so much greatful to get this loan because once i add more stock to my products and introduce more new products to my business, i wil be able to more sales during this festive season tn enable me get more profits,

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