Loan to purchase chairs for my beauty salon

Peris

Mumias, Kenya

100% repaid

Entrepreneur

Name

Peris

Member since

January 2016

On-time repayments

39 installments  •  77%

About Me

I grew up in a humble background and had to walk long distances barefoot to school ,my parents were peasant farmers but they struggled to take us to school ,however my dreams of becoming a nurse come to an abrupt end after my dad passed away after short illness. My mother could no longer afford school fees for me and my four sibling and so I had to drop out of school. I worked a s a house help ,fo a year and then went back to school where I completed my secondary education and joined university of Nairobi.
Raising money for my basic needs while at school become an uphill task and thats is when I decided to use a loan from my friend to start a saloon ,at first I used to run the business from my hostel but when the client number expanded I decided to rent a room near our hostels and I am happy ,the business enables me to take care of my basics.
I love traveling, nature walks and help the less advantage in the society, I spend most of my Sundays in orphanages with orphan kids ,to give the hope and show them motherly love.

My Business

My small saloon business provides hair dressing,plating, manicure and pedicure to my esteemed clients who are mainly students. The strategic location of the business enables me to get lots of clients, I have one employee who helps me when I am in class.
I choose these business because it was easy to start and need small capital.
my monthly costs are $150 for rent ,electricity and salaries and my profits are $300 per month.
I use the money to support my aging mother , pay for my basics,support orphans and my siblings.
Thank you so much for reading. God bless you

Loan Proposal

I am happy to join Zidisha ,I am requesting for a loan to help me buy three sitter chair where my clients would be waiting at while awaiting services or friends, I am moving my business to larger room these end month and their in need for a bigger chair. I noticed I was loosing clients in my smaller room because some could stand waiting and get tired and walk away never to return. I believe the new bigger room and the chair would serve my clients better.Thank you so much.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 7, 2016

Repayment status

On Time

Projected term

24 months

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

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