Entrepreneur
Name
Mogire
Member since
March 2017
On-time repayments
33 installments • 70%
About Me
I was brought up in a rough neighborhood where I struggled to go through school but in the long run I managed to finish elementary education. Am a father of three children who I support fully and support there education through my hard work. I do farming in my own farm. I finished school upto O levels.
I managed to raise funds from my farm to start a barber Shop commonly known as Kinyozi where I shave locals in my neighborhood.
My Business
I usually get earnings from tea farming and a kinyozi I own at the shopping centre. My kinyozi earns me 200USD per month. I have employed one barber who assists me in the shop. This Barber Shop I managed to start it with savings from my farm earnings mainly tea that we earn bonuses at the end of the year.
I manage to take care of my family from this side hustle. My main expenses are the business house rent and power bills.
I intend to expand this business to engage axtra two assistants that help in the shop with the more customers am getting.
Loan Proposal
I am requesting for funds to purchase a new shaving machine to replace the current one that is ageing. This will improve my services for my customers thus improve profits.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$17.00
Date disbursed
Apr 4, 2017
Repayment status
On Time
Projected term
4 months
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