Emmy's Beauty Parlour

Emilly Ochieng

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Emilly Ochieng

Location

Kisumu, Kenya

On-time repayments

20 weekly installments  •  55%

About Me

Emilly Adhiambo Ochieng, a self employed business lady,operating a beauty parlour comprising of a barber shop , saloon,manicure and pedicure services within the town of kisumu..I started as an employee before venturing into the business.. it's my major source of livelihood as at now therefore hoping to expand it further to accommodate others in form of employment opportunity..

My Business

I operate a beauty parlour that deals with manicure and pedicure services,a barber shop and I also deal in beauty products..It fetches a weekly income of atleast 30000 per week which leaves me with a profit of atleast 10000 weekly after all the expenditures..The business is in a very prime place within the town and would like to have it expanded as it has attracted many reliable clients..

Loan Proposal

I will add more stock by purchasing beauty products and other essential items required in the beauty and barber shop.I am planning to open another branch in the estate and venture more into providing beauty services..this will inturn provide employment opportunities to others who will benefit from being employed in the business..

Income Source

The risk does not directly affect the services am offering since beauty is an essential service.Regardless of the situation, people must look beautiful,neat and attractive hence will obviously come for the beauty services.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.96

Date disbursed

Nov 21, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $8.88

Credit risk payment: $9.76

Lenders

Robert D

Houston, United States

wallymountz

Fort Lauderdale, United States

Paul Buchheit

Mountain View, United States

Urszula

United Kingdom

Silke Lange

Oldenburg, Germany

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