Barber

Leonard Musungu

Nairobi/serem, Kenya

100% repaid

Entrepreneur

Name

Leonard Musungu

Member since

October 2015

On-time repayments

152 installments  •  100%

About Me

I am Leonard Musungu Isalano, aged 45 born in 1973 at Mungavo Village, Serem Sub- location, Shamakhokho Location, Hamisi Sub-County, Vihiga County- Western Kenya. We were born 10 children and our father was jobless and due to poverty in our family, I could not aford to continue with my school and I dropped from school as a result.

Our land is too rocky of which even food is not enough for us and I was foced to go and be employed to take care of my neighbor cattle of which I managed to raise small money to buy shaving machine and began barber shop at Seremi market.

My children need to have agood education to enhance them to have a better future than mine.

I think if you support me with a loan of 453 US dollars then I will manage to expand my business with sodas and buy salon equipments. I therefore kindly request for you to lend me with the above money.

My Business

I run a barber business and sell sodas. My business began very small and is enabling me to pay school fees for my children and buy them food but just struggling. I kindly request for a loan to sustain my business. Thank you sir for your generous response. Waiting to receiving from you.

Loan Proposal

I wish to expand on my business. I therefore Hope that if you lend me with a loan of $250 US dollars I will buy a dryer for saloon which cost $ 100, one shaving machine $55, cosmetics $ 50, and some hire piece @ $45 dollars which totaled$ 250. I appreciate your generous support. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$257.91

Date disbursed

Oct 18, 2016

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Service fee: $10.62

Leonard opted to pay $176.39 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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