Entrepreneur
Name
Susan
Member since
April 2014
On-time repayments
150 installments • 7%
About Me
i am the second born in a family of five and a former student of laikipia university college having studied a diploma in education( CRE & History) i have been teching in various secondary schools since completion of my education and at the same time running a business in cosmetics to complement my income. this has proved helpful since i still have siblings in school who need fees and also because i have intentions of advancing to a degree level. my hobbies are swimming and charity work especially in children's homes. with my earnings, i pay rent and restock the shop and at the same time pay my employee.
My Business
my income per month is an average of 400dollars. the profit is around 100dollars. at the same time, i earn a basic monthly salary of 150dollars from my teaching job. my business is located in a populated area and is among the only two cosmetic shops in the area. i have the intention of starting a barber section since i live close to the military academy. during the holiday is when clients are in large numbers and in the low season in case i don't meet my target, i will use my income from teaching to make the payments.
Loan Proposal
i intend to introduce barber services especially for the military officers around the area. this means upgrading my license with the authorities. this will cost 40 dollars. two shaving machines, aftershaves, disinfectants and i also need to hire a barber. my barber will be a female since more clients prefer female services. the machines will cost an average of 115dollars since i am going to purchase high quality equipment.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 15, 2014
Repayment status
Late
Projected term
35 months
Lenders
United Kingdom
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