Name
Khadija
Member since
February 2016
On-time repayments
229 installments • 12%
I am a mother of one year old kid and married . I went to school up to o-level and the joined Ashly college for certificate in hair dressing and beauty.
My drawback as a young entrepreneur was business management skills and lack of capital,with time I was able to sharpen me skills and acquired a loan of $300 that I added to my savings of $200 to start the business.
My child is one year old and I she is always smiling to me and makes me happy always.
I am very social, I love dancing and singing and also love meeting new people,discussing new ideas and watching movies during my free time.
I provide services such as hairdressing,plating,weaving, manicure and pedicure in my one room rented house where I run my business.
The demand is high due to dense population in the area and most of the people are middle income earners and can afford to spare some money for beauty.
I always fascinated being a beautician from an early age and that is why I choose these industry.
my monthly typical costs are $200 and my monthly revenues average is $480 per month.
I use the income from the business to take care of my family ,contribute to a nearby children's home and pay fees for my orphan nephew I live with.
I am pleased to request for a second loan to hel me execute my expansion plan.I would spend the money on women beauty products such as oils and these will make my salon a one stop point. The new business line would earn me more profits and I expect my revenues to increase by 45%.thank you
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Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Jun 22, 2016
Repayment status
Late
Projected term
49 months
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