Buy a quality hair drier for my salon

Gladys

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Gladys

Member since

March 2016

On-time repayments

126 installments  •  63%

About Me

Hello all! I am a beautician based in Mombasa city where I own and run a hair and beauty salon. I came to Mombasa to work since I was born in central part of Kenya. Central Kenya is generally an agricultural area and I spent most of my childhood years helping my parents in their small farm.

I had a strong desire to do something different and that is why I decided to move to Mombasa to live with my cousin. It is while in Mombasa that I enrolled for a course in hair care and beauty. With the support of my parents and friends, I was able to start a small salon and this is where I am still working.

My Business

My business entails doing hair work such as plaiting, hair treatment and pedicure. This is my hobby turned profession since I have always wanted to become a beautician. I normally serve the working ladies though I occasionally serve college students who can afford to pay.

This salon is located in residential estate and I get a good stream of clients all the time. The main challenge I face is when my equipment break-down since this leads to loss of business. I make about USD 200 per month with slight variation upwards or downwards depending on the season.

Loan Proposal

As mentioned above, my main challenge is failure of equipment. I currently have one hair drier which I use on almost all clients who come to me. Due to prolonged usage and age , the machine breaks down frequently. For this reason, I would like to have a new drier which will ensure smooth running of my beauty business.

A new drier will cost about USD120 and this loan will be almost enough for the purchase. This will improve my income significantly and give my clients confidence in me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 7, 2016

Repayment status

On Time

Projected term

7 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$157.50

Amount remaining

$0.00

Date repaid

May 12, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 17, 2016 $5.04 Mar 17, 2016 $5.04
Mar 24, 2016 $5.04 Mar 17, 2016 $0.20
Apr 2, 2016 $4.84
Mar 31, 2016 $5.04 Apr 2, 2016 $0.20
Apr 10, 2016 $3.37
Apr 17, 2016 $1.46
Apr 7, 2016 $5.04 Apr 17, 2016 $4.33
Apr 24, 2016 $0.71
Apr 14, 2016 $5.04 Apr 24, 2016 $2.37
May 1, 2016 $2.67
Apr 21, 2016 $5.04 May 1, 2016 $3.07
May 4, 2016 $1.96
Apr 28, 2016 $5.04 May 4, 2016 $5.04
May 5, 2016 $5.04 May 4, 2016 $5.04
May 12, 2016 $5.04 May 4, 2016 $5.04
May 19, 2016 $5.04 May 4, 2016 $5.04
May 26, 2016 $5.04 May 4, 2016 $5.04
Jun 2, 2016 $5.04 May 4, 2016 $5.04
Jun 9, 2016 $5.04 May 4, 2016 $5.04
Jun 16, 2016 $5.04 May 4, 2016 $5.04
Jun 23, 2016 $5.04 May 4, 2016 $5.04
Jun 30, 2016 $5.04 May 4, 2016 $5.04
Jul 7, 2016 $5.04 May 4, 2016 $1.56
May 12, 2016 $3.48
Jul 14, 2016 $5.04 May 12, 2016 $5.04
Jul 21, 2016 $5.04 May 12, 2016 $5.04
Jul 28, 2016 $5.04 May 12, 2016 $5.04
Aug 4, 2016 $5.04 May 12, 2016 $5.04
Aug 11, 2016 $5.04 May 12, 2016 $5.04
Aug 18, 2016 $5.04 May 12, 2016 $5.04
Aug 25, 2016 $5.04 May 12, 2016 $5.04
Sep 1, 2016 $5.04 May 12, 2016 $5.04
Sep 8, 2016 $5.04 May 12, 2016 $5.04
Sep 15, 2016 $5.04 May 12, 2016 $5.04
Sep 22, 2016 $5.04 May 12, 2016 $5.04
Sep 29, 2016 $5.04 May 12, 2016 $5.04
Oct 6, 2016 $5.04 May 12, 2016 $5.04
Oct 13, 2016 $5.04 May 12, 2016 $5.04
Oct 20, 2016 $1.37 May 12, 2016 $1.37

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