Entrepreneur
Name
Katete
Member since
February 2016
On-time repayments
104 installments • 100%
About Me
I am a hair dresser by profession.
I am the last child in my family. My parents were not well off. I attended my
primary school at Kwanyanze Primary School. For My Secondary school
I attended various school in various towns due to lack of school fees. I overcame
hardship when I started working at Vera Beauty Saloon. I started my own business
after working for five years and saving the income.
The unique thing about my land is that it is very much fertile. I am blessed with
two children. When they grow up I want them to get the best education in
the word. I like singing and reading the bible.
My Business
I run a Saloon and a beauty shop. I will use the income from my saloon to repay
for the loan. I was ladies their hair, do manicure, pedicure and also do facial.
I also sell Hair piece, weaves and wigs. I choose this kind of business because
ladies like to look smart in regardless of the expense. The typical cost is involved
is US$200.00. I use the profit to pay school fees for my children and our
up keep and also reinvestment to grow the business. I the future I want to
buy a plot and build our own residential home.
Loan Proposal
I will invest by buying beauty products worth US$200.00. I will benefit alot as I will
be able to pay school fees for my children and celebrate christmas.
I expect a profit increase of 50%.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Nov 18, 2016
Repayment status
On Time
Projected term
15 months
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