Equipment for my barber shop

Kennedy

Makueni, Kenya

Funds disbursed

$0 to go

100% funded of $200 goal

0

days left

Entrepreneur

Name

Kennedy

Member since

June 2016

On-time repayments

9 installments  •  0%

About Me

I was born was born in a family of six i being the second born in our family.I went to Makueni primary school for my childhood and primary education.After i finish my primary education ,i passed very well but due to financial instability of my my family i did not join secondary school but after one year latter i join makueni secondary school for my high education.I finish my secondary and i got good results.After my secondary education , i was employed as a helper in a barking industry for nine months where i got capital to start my business.Where i live people are hardworking and religious.When my children grow up i would like them to be hardworking and good role models in the society.A part from swimming i like watching gospel music and making new friends.

My Business

In my business i provide service of shaving men and school children's .I normally shave a lot of people during weekends that is Saturday and sundays,i choose this kind of business because there were few barbers in our area that is why i decide to open this business.On weekly basis i usually spend ksh.1500 and i get profit of ksh500.
I use my profit to re- invest in my business and maintaining my shaving machine.

Loan Proposal

I will use $70 to buy2 original shaving machines.
I will use $5 to buy methylated spirit.
I will use$35 to buy one shaving seat
I will use $7 to buy dettol and other treatment equipment.
This will enable me to employ one person to help me serve my customers efficiently without waiting for along time to be served by one person and this will increase my profit by 30|% which will enable me to run my business appropriately.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jul 9, 2016

Repayment status

Late

Projected term

2 months

Lenders

Craig Newmark

United States

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