Backup generator for my beauty salon

Khadija

Mwembe Tayari, Kenya

100% repaid

Entrepreneur

Name

Khadija

Member since

February 2016

On-time repayments

229 installments  •  12%

About Me

I am a mother of one year old kid and married . I went to school up to o-level and the joined Ashly college for certificate in hair dressing and beauty.
My drawback as a young entrepreneur was business management skills and lack of capital,with time I was able to sharpen me skills and acquired a loan of $300 that I added to my savings of $200 to start the business.
My child is one year old and I she is always smiling to me and makes me happy always.
I am very social, I love dancing and singing and also love meeting new people,discussing new ideas and watching movies during my free time.

My Business

I provide services such as hairdressing,plating,weaving, manicure and pedicure in my one room rented house where I run my business.
The demand is high due to dense population in the area and most of the people are middle income earners and can afford to spare some money for beauty.
I always fascinated being a beautician from an early age and that is why I choose these industry.
my monthly typical costs are $200 and my monthly revenues average is $480 per month.
I use the income from the business to take care of my family ,contribute to a nearby children's home and pay fees for my orphan nephew I live with.

Loan Proposal

I salute you all lenders,and say Kudos the good work you are doing. I take these golden opportunity to kindly request you to finance me so that I can be able to buy a generator to help me during the blackouts. Occasionally the blackouts occur when I am working on a client and the clients are always disappointed to learn I do not have ag generator to care of the situation. The generator would cost me $300 an I have $250 on my savings ,I would add the $60 from the loan so that I can buy the generator.Thank you always.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

24 months

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Angi

Germany

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