Business improvement

Menzaqueen

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Menzaqueen

Member since

April 2015

On-time repayments

205 installments  •  58%

About Me

Am married with three kids,humble and business oriented,am hard working and looks forward to being at the top in the field of business,i started my business 8 years ago, am out going and easy to deal with,i started business after i realized i could not afford to go to college and since then i have never looked back. being in business has helped me to be empowered knowing that i can also support my husband in our every day budget, i enjoy every bit of my business and is always looking forward to a new day in my work place, i tackle challenges one day at a time learning from my mistakes and is always ready to be a student. i never went to a hair dressing or beauty college but i learned just from assisting a one lady who owned a beauty shop, am proud to say that my interest and hard work made me one of the best too.

My Business

My business mainly deals with beauty and beauty products,its situated in Nyalenda off Ring road,ii started back around July 2007, weekends and holidays are the peak seasons.
Ladies and beauty are inseparable hence makes this business be in demand. I had the passion for beauty and its products and the need for these services around my area made me choose this kind of business.
My typical cost is Kshs. 6,800.00 annually for Trade Licence, Kshs. 2,500 for rental, water is roughly Kshs. 480.00 monthly, electricity is about Kshs. 1,200.00 monthly.
I use my profit to pay for my children's school fees and home improvements.
i do hair dressing and manicures and pedicures,i also got two assistants working with me, it has grown since then and am always happy to see more and more customers streaming in each day.my business has mainly flourished because of our major foundation of neatness and a good attitude to our esteemed clients,we keep them always leaving with a smile and looking forward to coming back, it earns upto 5,000 a day on good days and at least 1,000 on bad days, it is challenged by lack of some new equipment that will be bought once you start financing me.

Loan Proposal

I want to extend my beauty parlor by buying a massage bed and massage products. Also buy more towels for my clients and additional blow dryers.
This will enable me attract more clients who keep asking for the services and I do not want to let them down. This would make me retain my clients for fear of losing them to my competitors who have the same services around.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$168.00

Date disbursed

Apr 11, 2017

Repayment status

On Time

Projected term

6 months

Lenders

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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