Entrepreneur
Name
Mogire
Member since
March 2017
On-time repayments
33 installments • 70%
About Me
I was brought up in a rough neighborhood where I struggled to go through school but in the long run I managed to finish elementary education. Am a father of three children who I support fully and support there education through my hard work. I do farming in my own farm. I finished school upto O levels.
I managed to raise funds from my farm to start a barber Shop commonly known as Kinyozi where I shave locals in my neighborhood.
My Business
I usually get earnings from tea farming and a kinyozi I own at the shopping centre. My kinyozi earns me 200USD per month. I have employed one barber who assists me in the shop. This Barber Shop I managed to start it with savings from my farm earnings mainly tea that we earn bonuses at the end of the year.
I manage to take care of my family from this side hustle. My main expenses are the business house rent and power bills.
I intend to expand this business to engage axtra two assistants that help in the shop with the more customers am getting.
Loan Proposal
Having introduced cosmetics using my last loan business has improved since my customers prefer that their are washed after being shaved then rubbed with good odour jelly.
I am still interested in this products therefore am requesting again for funds to buy the same. I will buy shampoo for USD 11 and hair food for USD 7.5 and surgical spirit for USD 1.5
This is going to improve my services to customers thus good earnings. I will be able to pay my bills in time and improve my family's living standards.
Thank you so much
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Loan Info
Project Type
Classic Loan
Disbursed amount
$17.00
Date disbursed
Aug 9, 2017
Repayment status
On Time
Projected term
3 months
Lenders
United States
United States
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