Beauty parlour expansion project

Robert

Molo, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

November 2016

On-time repayments

34 installments  •  71%

About Me

I am a male kenyan by birth from nakuru county specifically in molo town,I am current in tharaka nithi county working as a lecturer in kenya water institute from january 2013 to date,am a married and a father of one beautiful daughter

My Business

My main source of income is from my employment from the kenya water institute whereby i work on a part time basis though on a continous renewable contract,i on the other had own a salon usually run by my wife which supplement me with some income too.

Loan Proposal

I will buy a few pieces of braids which goes at kSh70 a piece on wholesale price then I will bring them to my salon where each goes at kSh90 which makes a profit of kSh 20,I will reinvest this profit till its sufficient to buy a larger stock of a similar kind,given two months I think I will be in a position to purchase a larger stock of different hair braids

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$7.00

Date disbursed

Mar 17, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

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