Buying new machines and equipments for my barber shop
Martin
Kamura, Kenya
100% repaid
Entrepreneur
Name
Martin
Member since
November 2015
On-time repayments
57 installments • 81%
About Me
Thank you very much for the opportunity.
First is to say that just like any other child in the young age,i was born and brought up in the rural set up.I was taken to school where i attained primary school level and proceeded to the secondary school where i managed to make up to the end of the secondary level.Since in our family we were many,I could not proceed to a technical school to get any skill because there was no money,So i was forced to stay home for some years while helping my parents to do cultivation and rearing livestock.My parent kept promising me that when they educate my other siblings up to my level, they will be able to get money to take me to a technical school for skills.This took close to five years and i was opted to go and start staying with my Aunt in Nairobi city.I started helping my Aunt with domestic activities and while she is doing her Solon business,she later introduced a Barber Shop alongside the saloon business.I started shaving small children and got some skills.While doing the shaving i even started shaving even adults and gained a lot of interest with the job.When my Aunt moved her business to another location i was left using the space and i managed to pay bills such as Rent,electricity and water.I became self employed,very independent and loving my income generating job.What is unique about the land i stay is that community respect and uphold the highest level of integrity and had work.My children would like to be brought up well and be educated My hobbies are encouraging pople in life as well as advising them on better way of living and hard work to strive.I also love helping people in our society.
Thank you.
My Business
Meanwhile,my business is in service to the clients.I offer barber service.I do shaving in my barber shop.The service is always in demand because having hair done is an all the time service for almost everyone.This service is increasingly becoming a need rather than a want.I choose this business because in the first time i liked it and loved the job,secondly it does not require much skills and time in order to know.What is important is passion and love for the job.
My typical costs are Electricity,water bills and rent among others like machine maintenance.
Mostly my profit goes towards educating my sister back home as well as meeting my expenses and paying bills.
Thank you.
Loan Proposal
My first loan will directly go towards buying one of the much awaited Machine at a cost of USD 38.50,i will also buy an electrical Kettle at a cost of USD 11.00. This will in returns help me in doing Shaving quickly and save me the unnecessary cost of maintenance and frequent break down of the machine while at work.This will change even on my profit considerably whereby now i will be making almost double from the currents USD 35.00 to USD 60.00 per week.
This will make me help my parents back home and give to the society.
Than you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Dec 1, 2015
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
United States
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