Entrepreneur
Name
Phelix
Member since
October 2016
On-time repayments
52 installments • 42%
About Me
I grew up with my mum only my since my dad used to work far away and hard not yet stabilised. My business started through an idea from a friend and he is still ny mentor and i really look upto him to get the point he is in now. Am sure am not that far away currently. Where i live is a flat land next ro lake victoria though this is not where i come from. Am here for business only and later vaccate back to my home county. My hobby is watching movies and swimming. I love movies since they always give me new ideas and update me on the latest fashions.
My Business
I work in a barber shop i do manicure and pedicure plus shaving. I need a new shaving machine to increase the speed of serving my customers which will help me serve more customers efficiently. This business require less starting capital its not tiresome and i have a lot of free time to do other things mostly in the monin hours when there are few customers. The only cost is my employers and lunch expenses plus rent and electricty monthly. I buy some few litres of water for the day. I save my profit because am soon expecting my first born
Loan Proposal
I will buy a new machine to increase the speed to serve my customers which will help me earn more in less time that is because am serving more people than i normally serve. This will also help me pay the loan faster and start enjoying some profits very fast
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Oct 14, 2016
Repayment status
On Time
Projected term
8 weeks
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