Name
Mary
Member since
August 2012
On-time repayments
38 installments • 5%
i am a single lady of one child aged nine years,lives within Ongata Rongai location church road village second plot from the main road house number four.i am a business lady oferring services to clients,studied up to college level.i started my business to enable me cater for my family.from my earnings i am able to purchase beauty products that i sell to these clients.
i work in a salon dealing with giving services to clients.there is demand for this job since women can not do without making their hair,nails and even face.due to my hard work i try to make more clients in a day hence making more profit.my business faces some risks like lack of enough funds for example the more clients i get the more products they demand and at times there is no enough capital to stock these products.i ensure that my clients are satisfied and that they will come again.
Monthly cost :Ksh 45,000
Expenses:Ksh 15,000
Profit :Ksh 30,000
Being that i am hairdresser i am going to expand my business.i will buy beauty products in whole sale to enable me serve my clients best.i will also buy chemicals,braids and other products needed in a salon since buying these products you need good capital.
With this loan i will manage to stock products for making hair,face and even nails.
Positive
None
Neutral
1
Negative
1
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 11, 2012
Repayment status
Late
Projected term
39 months
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