Educational loan

Faith

Nairobi, Kenya

21% repaid

Entrepreneur

Name

Faith

Member since

January 2015

On-time repayments

245 installments  •  20%

About Me

My name is Faith Waki. I am a God fearing lady.I come from a family of six personally being the 5th born. I have two brothers and three sisters.I completed my secondary school education in the year 2011.After i completed my education i got involved in community work were i was educating the girl child on the importance of education.This is because the girl child in our community in most cases neglected and just few of them pursue their education.Later in the 2012 September, i joined Kenya medical training college to do dental technology.

My Business

I am a student in my third year. During my free time,that is after classes i work as a hair dresser where i provide the service to my colleagues in college.through this business i have been able to cater for most of my bills not depending from parents.
This is a service which is high demand because of the high population in the institution.i do this business as a hobby.i a day i manage to get an average of 10 dollars which i use to buy products for hair dressing and also i sort my school dues with the balance.

Loan Proposal

I would like to take this opportunity to request for another loan once again. As i am preparing for my final exams on 15/06/2015, i need to purchase enough stock which will be enough for that period i will be busy in exams.This will cut down my movements to the market to purchase braids and cosmetics for my clients.
The total cost of my stock will be averagely 250 dollars.
After purchase of this stock, i will have enough time to read and pass my exam.
Having employed two salonist's who have been helping me, i am targeting to get a profit of 30 dollars daily.
Also my clients will not lack my services during this short period i will be busy in exam.
Thanks alot

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$229.00

Date disbursed

Jun 12, 2015

Repayment status

Late

Projected term

53 months

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Ask Faith a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Faith    May 3, 2016

    I have been in internship for the last six months and my business has not been running as expected.
    Please i request more time to re-adjust my business.

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  • Faith    Sep 9, 2015

    hello my lenders.
    please my business is currently on recession. This is because my clients are college students and we were having an holiday. it has just ended and i promise to start repaying again soonest possible.
    thank you for understanding

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  • Faith    Jul 20, 2015

    Hello lenders,
    As you all know, business always experiences cyclical movements.That is boom and recession.I can currently say i am on the recession side.
    Kindly allow me to pay Kes 100 as i try to adjust to normal.Thanks

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  • Faith    Jun 27, 2015

    Currently i am finalizing my exams. i have not been much involved in my business and i am spending much on my employees.Kindly i will adjust my payment once am through with my exam

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  • Faith    Jun 15, 2015

    Hello my renders,
    I hereby write to confirm that i received Ksh 21814. Over the weekend i managed to buy my products as i had earlier indicated.I will be posting my photos in the cause of the week.
    I really thank you for your support. God bless you all

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  • Faith    Jun 11, 2015

    Thank my lenders for supporting me again in my business. I will buy cosmetics for my salon and some other beauty materials. This will help me cut transport cost on and off the market. It will also safe my time during this exam period since i will purchase in large number.
    Thank you once again

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  • Mirriam    Jun 7, 2015

    HEY FAITH,
    ALL THE BEST IN YOUR BUSINESS.
    Lenders, kindly visit my page- it's only few days before it expires

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  • Oscar    Jun 3, 2015

    Great work

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  • Faith    Jun 1, 2015

    Thank you for giving me this opportunity again. It is my pleasure to let my lenders know that my first loan has been so helpful to me. I have been able to continue with my classes during my final year without struggling much with my basic needs. Actually i was able to clear my exam fee in time. Also i expanded my business and right now i have two ladies who help me when i am busy in class

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  • Faith    May 25, 2015

    as its the nature of a business, there is the boom and recession times.This weekend i can say i experienced recession and i will request to pay kes 1000.
    Thank you for understanding

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  • Faith    May 18, 2015

    Greetings to my lenders and all zidisha members.
    First i take the opportunity to say thank you my lenders as i break the good news of my expanding business. I can only attribute this success to you my lenders. Currently i have hit my set target of my profit which i was expecting and i can say as i am preparing for my final exam to clear my college, i am not afraid to face the world since i am not ready to tarmac in the name of job search.

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  • Faith    May 14, 2015

    i have a great improvement in my business, and i feel i should appreciate through increasing my installments to 1200.
    Thank you my lenders

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  • Faith    Apr 24, 2015

    Kindly allow me to adjust my payment to kes 200.This is because this week most of my clients have been busy with their end of term exam and i have been experiencing low turnover.
    Thank you

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  • Faith    Mar 30, 2015

    hello Antony,
    Thank you for the concern.I can say my project is doing great.I know i have been so quiet but this was because i was in an attachment in a rural hospital were accessing internet was an issue.
    Despite being not involved in my business, zidisha really helped me as i was able to employ a person to run the business on my behalf.
    Thank you My Lenders.

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  • Antony    Feb 13, 2015

    Hello faith.
    How is your project going?
    I wish you success and continue communicating with lenders.

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  • Faith    Feb 12, 2015

    currently i am raising some money to pay for my exam fee so i will appreciate if you consider my request

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  • Faith    Jan 31, 2015

    hi my lenders...i appreciate you support.i am happy to let you know i bought my products and the business going on well

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  • Faith    Jan 22, 2015

    hello my lenders.I don't know how i can appreciate you but just let me say i am overwhelmed by your support.May God bless you all

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  • Faith    Jan 22, 2015

    Hi Antony.Thank you for your welcome.I will not hesitate to seek your guidance whenever the need arises.

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    • Antony    Jan 25, 2015

      Hello faith. Just to tell you that you are much welcomed.

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  • Faith    Jan 22, 2015

    Hello hope.Thank you for your support and may God bless you.I have not seen the site but i don't mind having a look at it.

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