Beatrice Odhiambo
Eldoret Mailinne, Kenya
100% repaid
Name
Beatrice Odhiambo
Member since
April 2015
On-time repayments
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
5% Savings
15% I support my aged mother and two siblings
Dear lender Lenders thanks very much for the previous loan .I would like to propose that given funding I will the funds i.e the 200 us dollars as follows to cement the floor of one of my class rooms :-
10 bags of cement 85 us dollars
1 and a half lorry of sand 60 us dollars
labor charges 55 us dollars
I believe that by doing so I will have a better working environment thus improve my efficiency .
I look forward to your help.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$191.00
Date disbursed
Jan 28, 2016
Repayment status
On Time
Projected term
9 months
Other loans
Oslo, Norway
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