Business improvement loan

Ryan Mwenda

Meru, Kenya

7% repaid

Entrepreneur

Name

Ryan Mwenda

Member since

August 2014

On-time repayments

274 installments  •  4%

About Me

My official names are Ryan Mwenda. Am simple guy from a simple background but with a vision to change my community and bring positive impart to the country. Am a Economics and Statistics degree holder from Chuka university.i also have a certificate in hair and beauty therapy acquired from vera beauty college in Kenya. Am a business person and have the entrepreneurial skill acquired in my academic process. I have been in the hair and beauty therapy for more than 7 years now and I have all the experience in this area .am looking forward to start a beauty college in some years to come.

My Business

I am in the hair dressing business in Chuka next to Chuka university in Tharaka Nithi County. I do all salon related activities and also sell hair related products and beauty products am the chief executive officer of Beautymax salon. . I have been in the hair and beauty therapy for more than 7 years now and I have all the experience in this area .am looking forward to start a beauty college in some years to come. If given the loan, I will use it to renovate my salon and increase my beauty and hair products. I strongly believe that this assistance will help me to improve my service delivery and increase my income. I will keep you informed on the progress of my venture.

Loan Proposal

I will increase my cosmetics stock so that I can increase the number of my customer and also increase customer satisfaction. I will also buy some salon equipment to increase service delivery and customer satisfaction

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$362.36

Date disbursed

Feb 12, 2015

Repayment status

Late

Projected term

62 months

Cost to entrepreneur

Lender interest: $362.36 at 3.95% annual rate over 62 months = $73.33

Service fee: $69.38

Lenders

BJ

Brandon Joz

North Carolina, United States

mepster

San Francisco, Ca, United States

Franmiguel

Perth, Australia

Humble Bundle Community

San Francisco, United States

Ask Ryan a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...