Entrepreneur
Name
Elam
Member since
April 2017
On-time repayments
44 installments • 27%
About Me
My name is Elam Derese,i was born in kapsabet. Am currently married and blessed with three children, one son and two daughters. Went to Chepsonoi Primary School. Therefore i joined Kapsabet Girls High School,after which i later joined Alphax College, where i undertook diploma in social work.As for now am a business woman at the same time mother of three.
My Business
Am currently self employed.I started my own salon,where i have employed two saloonist. I started the business with the aid of my savings and some capital borrowed from my friends. In a month i make approximately $900.I do pay my rent, pay my workers and pay for my kids school fee.Now i do invest a lot because my salon gives me morer than before, thus making my life to improve day and night.
Loan Proposal
I would like to buy two driers which will cost approximately $200.Also need to employ one extra saloonist who i will pay about $80 a month. In addition to these, i would like to increase my cosmetic stock by raising $100 more. The projected cost of these accounts to $200,with my return on profit and help of zidisha community am certain i will be able to progress positively. I will appreciate greatly any help from you towards my business plan.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
May 9, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Ask Elam a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.