291 installments • 76%
My names are Beatrice Odhiambo I am 55 years old, Born in Nyanza province.I am the firstborn of the six children in our family. I am married and also blessed with six children. My first four children are already married while the last two are in college and high school respectively.
I was educated up to the old primary school level after I got married and also fortunately by the grace of God I became an ECD teacher I also in 2012 started The business which has really helped me and my family a lot.
I also have a Barbers shop where we cut men's heirs and salon for women heir styling at all seasons. This was begun latter after the first business was launched.
My business is salon business and ECD school,located at Tiri Mbili estate Eldoret Town.I started the business in the year 2012 and 2014 respectively with a capital of US Dollars 280 and us dollars 300.
My monthly cost of running the business is US Dollars 600 while average Gross profit before the expenses is usually approximately US Dollars 500.
The following is how I normally use profits from the business :-
10% I give tithe to the church
70% Up keep i.e food and rent
15% I support my aged mother and two siblings
If am given this loan amount I have applied for I will then I will buy 16 Class desks for my pupils in School at a cost of 100 US Dollars.
This will help parent from around the area to chance in this place of mine.
And .I will get more profit as the students stream in to secure chances.
If this is implemented then I expect 50% increase in this Business of mine .
Nov 17, 2015