Business project

Dennis

Kapkures, Kenya

68% repaid

Entrepreneur

Name

Dennis

Member since

May 2017

On-time repayments

27 installments  •  74%

About Me

I' m called Dennis Moriasi Omwamba being born the first born in our family that is blessed with tqo parenta, six gents and three ladies. I live in Kenya, Nakuru town and the village is Kapkures. I started my primary school in the year 1996 and went through well till i finushed form four in 2010. After finishing secondary school, i joined computer coarses and driving school in the year 2011. I later joined again another coarse of Electrical Engineering in 2012 and finished on 2015. After completing all these coarses, i started hustling for a job but unfortunately i didn't find any. So i decided to look foe capital/money in whichever way so that i can open my own business and employ myself there. I succeeded to get motobike for transportation of people from one place another and i was employed as a rider. I saved money untill i got enough to buy equipments for Kinyozi services. I continued riding that motobike on a duration of atleast two years till i saved enough money which enabled me to open my own business of barbering (Kinyozi).

My Business

My business is barbering (Kinyozi) but soon am thinking to add salon and cosmetics.I opened this business in the year 2016 in a certain kiosk that i was paying a rent of KES 1,800 per month. I later shifted to a big room which am paying KES 4,500 per month up to date. I operate my business in six days and the other day i rest by attending Church fellowship. Working hours is from 7:00am morning to 9:00pm night everyday. I earn an income of KES 1,500 per day an approximation of more than KES 35,000 per month whereby i serve forty customers and above everyday. This income helps me to pay rent, support our family, buy my basic needs and save the remaining in a bank. Let me thank you for the support of your loan that you lend unto me. That loan has really enabled me to improved my business, so i again request you to continue lending me with your loan because i see it being very beneficial to my business. Thanks in advance

Loan Proposal

I will use the loan that you will lend me in the following ways; 1) Buy more stock for my business like weaves, dye, chemicals etc that will cost atleast KES 1,500.
2) Add more towels for clening customers making my business more effecient.
3) To buy another two plastic chairs costing KES 650 each for customers to sit while waiting to be served.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

Oct 1, 2017

Repayment status

Late

Projected term

3 months

Lenders

Cloudways

Malta, Malta

A

Andy

Berlin, United States

numbat

Perth, Australia

Grant Xavier Storer

Seattle, Wa, United States

S

Staf

Humbeek, Belgium

PG

Paul Graham

United States

KirstenAlana

Los Angeles, United States

Craig Newmark

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

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