Name
Joackim
Member since
July 2014
On-time repayments
12 installments • 50%
i am a fourth in a family of eight ,professionally working as a teacher at shiners girls ,i am a graduate from egerton university,studied bachelor of education science,a part from being employed i run a barber shop near egerton university,i started the barber shop due to ready available market due to the presence of the university and the population around ,during my free time i enjoy watching football,movies swimming and having fun with my siblings.i found passion in the business since it makes me interact with so many youth especially boys and guide and counsel them
normally i make 500 dollars per month inclusive of the profit and capital,i have one employee to who i entrust my business ,i usually pay him 72 dollars per month,i usually get a maximum of twenty five customers per day, my business is not that risk since it is done there and there and the customer is able to pay on the spot,i get enough from my business and therefore am positive that i cant fail to pay,but instead i will make sure to pay before the due dates,i also use 56 dollars per month to buy aftershaves and shampoos for cleaning my customers hair so us to ensure better service to my customers
i wil use my loan to buy extra three shaving machines which will cost 70 dollars,of which will help me to open up new branch. this is because of the high demand in the area.The remaining amount will be used in purchase of chairs,aftershaves chemicals i.e spirits,soaps and detol.it will cost me around 80 dollars. i want to thank you for the opportunity that you have given me.with no doubt am sure i will prosper in my business and hit my target through your assistance.
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Oct 15, 2016
Repayment status
On Time
Projected term
5 weeks
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