Entrepreneur
Name
Mourine
Member since
February 2016
On-time repayments
37 installments • 76%
About Me
my names are juma mourine,I am 27 years old single mom, I lost my husband who was I soldier in Somali, a neighboring country. My life a child was never easy as I had to walk long distances to school ,sometimes with no food.
after completing secondary school I joined beauty college where I trained as a beautician. I had always wished to start my own business but lack of capital and management skills always hindered me. I took a short certificate course in business management and then borrowed $400 from my self help group that I used to start the business. The business picked up well and I managed to pay my loan.
I have one child aged three years, she loves watching and says she wants to be news anchor when she grows up.
I love watching documentaries,traveling and making new friends.I am also kind and willing to help as long as I can.
My Business
I provide beauty services in my salon and these include hair dressing, weaving,manicure,pedicure and facial scrubbing. The demand for these goods is high because of high population and desire for make ups by many young girls.
I choose the business because it is easy to run and I also had training in the beauty industry.
my monthly typical costs are $150 and electricity and rent take lion share $70 and $40 respectively ,the remaining $40 is sub-divided among water and miscellaneous. In a good month I make $400 revenues and $250 in profits.
I use the proceeds from the business in educating my child,taking care of my aging mum, and saving for reinvestment.
Loan Proposal
I am glad to expand my business to include barber services. I would use the loan to buy two shaving machines, and a chair for the new services.I believe my income will double with these new expansion plan and I would also create employment.thank you in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$400.00
Date disbursed
Sep 6, 2016
Repayment status
Late
Projected term
60 months
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Jake Gibson and Beverly Picardo
San Francisco, United States
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