Developing salon business
Loveness
Lusaka, Zambia
$0 to go
100% funded of $94 goal
0
days left
Entrepreneur
Name
Loveness
Member since
January 2021
On-time repayments
10 installments • 10%
About Me
My name is Loveness Chapa a Zambian young lady and am 24 years of age.I completed my high school but due to lack of money to go to College and study Nursing has been a challenge as my parents do not have resources to sponsor me,therefore I have become a entrepreneur and I have a salon business which i set up to ran and raise money.
My Business
I ran a salon business and this business involves plating hair, barber or cut of hair, painting nails, hair decoration and selling of wig.It is from this business that earn a living and help my family.The income I make daily I save, buy food for home and reinvestment to see it that my business moving forward and expand.
Loan Proposal
I really want this loan to help me buy new chairs in the salon shop, dressing mirror, restocking more wig for plating, buy 2 blowers and 1 drier machine. This will increase customer traffic in my shop and make more profit weekly as ladies do their hair make up on weekly basis. Therefore I will generating good income to develop my salon business.
Income Source
Currently the economic situation in the country is not favourable as most people have been crippled with Covid 19 fears, despite all that my business is doing fine as I have more ladies and they still want to look nice midst of Covid 19 pandemic. Therefore I make good revenue weekly which will allow me to settle my loan on time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Feb 16, 2021
Repayment status
Late
Projected term
2 months
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