Entrepreneur
Name
Philomena
Member since
January 2014
On-time repayments
273 installments • 23%
About Me
I am a 36 year old lady.Mother of 2 children .I am married .I am an accountant by profession and am currently employed at an insurance brokerage firm.Am also doing business as a side hustle to increase my income.
I come from rural parts of Kenya but currently residing at the city of Nairobi.I have a passion to grow to an independent woman.I want to provide the best for my family especially for my children.I want them to have the best education i can offer and thus willing to work even harder.
I am born again christian and and a member of PEFA Church Donholm
My Business
Am a full time employee at Primeken insurance brokers as an Accountant.I am also into Airbnb business. I currently have 2 units. 1 has been operational since Aug 2020 giving an monthly profit of $300 and the other unit has been operational since January 2023 giving a monthly profit of $ 500. This 2 units are in different areas and thus attracting different clientele. It is for this reason that i want to shift the less profitable unit to the 2nd area where the profit margin is bit higher. I need funding to upgrade some house items as well as transport and rent for new apartment in-order to meet the market demand in the new area.
Loan Proposal
I intend to use this loan to top up with my savings from the sacco to put up a beauty shop.With the total capital i will be able to pay 3 months rent for the shop,make fittings and buy products.Products include hair pieces,makeup,hair products and accessories and body accessories.Total cost is estimated at 200000KES.I am passionate about beauty and for that reason i will be able to offer the best at reasonable prices.I also intend to market my products on social media ie facebook.I believe that the profits i acquire will help me go back to school for my degree.Thank you lenders as u plan to be part of this noble course
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Loan Info
Project Type
Classic Loan
Disbursed amount
$240.00
Date disbursed
Aug 26, 2016
Repayment status
On Time
Projected term
31 months
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