Entrepreneur
Name
Fredrick
Member since
November 2016
On-time repayments
42 installments • 40%
About Me
I started my school life at Kapsoya primary school in Eldoret town then later on joined Chesamisi high school and now I am in Maseno University taking a degree course in Fashion and design.It was hard for me to go through high school life as my parents found it hard to pay my school fees in time and therefore I was out of school most of the time but all in all I worked hard and passed my finale exams.I started my barber shop after working in my friends barber shop and realized that it's much profitable.I live in a Luhya land where people grow sugar canes in large scales.I would like my children to be doctors My hobby is drawing
My Business
I own a barber shop which is located near Umoja high school.Most of my clients are school children and since they are needed in school in short hairs,my services have been in a very high demand.I chose this kind I business after I had worked in my friends barber shop and realized that it is profitable.I averagely spend $40 each month and get a total income of $150 each month.I will use my profits to purchase school academic materials
Loan Proposal
If dunded, I will use the loan to buy generator.This will help to keep the business running at times of electricity blackouts.If I buy a generator,I expect my profits to rise by $25 each month
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Nov 9, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
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