Boost my salon business

Maurin Oduol

Nakuru Kenlands Estate, Kenya

11% repaid

Entrepreneur

Name

Maurin Oduol

Member since

October 2014

On-time repayments

10 installments  •  10%

About Me

I am Maurin Oduol, i am the second born in family of two boys and four girls that gives a total of 6 siblings and also born from a family of Mr&mrs Maricus Oduol.

I reside in Nakuru Kenlands estate, just opposite relax inn Hotel, i have been living here for the last 4yrs but I was born in Nakuru shabab just 500 meters from where I live Now.

i schooled at Kaptembwa Primary school and unfortunately thats the level of the education background I was able to achieve due to family challenges issue, i am still single and I run a salon at Nakuru shabab just near bells along sondu street.
I started my business after i was not able to go back to school and I joined a friend who was having a salon and i decided to help her, in the process when i was being taken through a series of training, i decided to branch off and start my won salon because after two years of training i was an expert and thats how i started my business. the unique thing about my business is that my business is in a very strategic place and i offer more services than what others offer also it gives an opportunity to others also to learn and help themselves once they understand the way to go about the salon.
my passion is one day in the next 5yrs to start beauty school and salon to help train more girls and women who most need help.

My Business

I started my salon business 4yrs ago and i offer massage, manicure, pedicure,face facial and other hair work activities.
my salon business helps me provide my business rent,my own house rent and also paying school fees for my kid who is in secondary now. i chose this salon business because of one the passion in me, i love the work also it has a good income and it helps me help my parents too from the business.
my profit will be used to pay my kid fees,pay my rent, reinvest again to my business and expand it to be big,and also improving my life condition and community too.

Loan Proposal

I started my salon business 4yrs ago and i offer massage, manicure, pedicure,face facial and other hair work activities.
my salon business helps me provide my business rent,my own house rent and also paying school fees for my kid who is in secondary now. i chose this salon business because of one the passion in me, i love the work also it has a good income and it helps me help my parents too from the business.
my profit will be used to pay my kid fees,pay my rent, reinvest again to my business and expand it to be big,and also improving my life condition and community too.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.69

Date disbursed

Oct 29, 2014

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Lender interest: $99.69 at 7.31% annual rate over 2 months = $1.48

Service fee: $0.75

Lenders

C

cravioli

geneva, Switzerland

R

raulf

Germany

P

Prometheus

Duisburg, Germany

C

cactusgirl

London, United Kingdom

R

ras

Germany

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