Beauty products for my salon

Khadija

Mwembe Tayari, Kenya

6% repaid

Entrepreneur

Name

Khadija

Member since

February 2016

On-time repayments

229 installments  •  12%

About Me

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.

My Business

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.

Loan Proposal

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

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Jun 22, 2016

Repayment status

Late

Projected term

49 months

Other loans

Lenders

A

anonymus

Moon, United States

S

Senryu91

caldogno, Italy

CNV

United States

Anonymous

Ocoee, United States

Angi

Germany

Humble Bundle Community

San Francisco, United States

Day Family

Melbourne, Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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