Donald
Nairobi, Kenya
100% repaid
Name
Donald
Member since
August 2020
On-time repayments
48 installments • 42%
Born in a polygamous family, I am the second born to my mom. Mom being unemployed and entirely dependent on peasantry we could hardly make ends meet. I am thankful that this life did not end my dreams but refined my approach, that through the small entrepreneurial adventures from my childhood through to this day I have been able to beat odds.
My business is an executive salon in the heart of Rongai area which I have done for more than 4 years. I have also secured space in the neighborhood where I opened a Kinyozi which is now picking and I intend to make it high end as the market is generally made of the working class, and I believe with time this will increase revenue and better my life.
Christmas and New Year holidays are here and people want to look good and beautiful, and beauty products are selling like hotcakes. This is the moment I wouldn't like to miss! I need more money to stock up for both retail sales and use within the salon. This will clearly ensure that my customers are happy doing business with me as they can find what they need in terms of their beauty needs under one roof
True, Covid has ravaged the business environment, but to this extent things have improved a great deal. This improvement coupled with the festive season will see profits rise, and I am sure to get enough money to repay the loan and still have more money to plough back to the business
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$111.00
Date disbursed
Dec 20, 2020
Repayment status
On Time
Projected term
2 weeks
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