Expand my barbershop business and have a bigger space to serve many clients

Hillary

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Hillary

Member since

July 2013

On-time repayments

331 installments  •  45%

About Me

Thank you lenders for giving me this chance to be able to be getting affordable credit. I live in sewage in nakuru town. since i left secondary school i was not fortunate enough to land on a good job and i took any job that came my way. I was finally introduced on kinyozi job where i i was trained to shave people heads, do head massage and apply medicinal ointments. Soon i was able to do the job well and got many customers who really liked and appreciated the way i shaved them. But not all was rosy since starting up requires alot of capital in rent and equipments. Initially, i partnered with a friend to start off and finally i have started my own kinyozi.

My Business

As i have stated, i earn my living on shaving people. There is a very high demand for quality services as modern day customers have become very sophisticated with their tastes and preferences. My customers prefer my business because I make sure that every customer is attended to his/her satisfaction. I have also gone an extra mile to purchase quality ointments so that my equipments are disinfected throughly before and after the shave. My business generates a monthly turnover of about twenty five thousand, and expense in electricity, rent and ointments are about fifteen thousand. i make around ten thousand shillings monthly. I intend to purchase a solar panel system and a battery to cushion myself with electricity costs and also be able to shave my customers in event of electrical blackouts.
After purchasing solar panel system and battery now my business is doing much better.. My clients are very happy since incase of electrical blackouts they are still attended to their satisfaction. Now my business generates a turnover of about 60 thousand, after reducting expenses I make around 35 thousand.. I now intend to expand my business and have a bigger space to serve many clients..

Loan Proposal

Expand my business and have a bigger space to serve many clients. I will employ more barbers.. I expect the income will double after expanding the space..

Feedback

4

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$389.00

Date disbursed

Feb 5, 2017

Repayment status

On Time

Projected term

18 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$379.46

Amount remaining

$0.00

Date repaid

Jan 1, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 13, 2017 $4.92 Feb 13, 2017 $4.92
Feb 20, 2017 $4.92 Feb 13, 2017 $1.48
Feb 20, 2017 $3.44
Feb 27, 2017 $4.92 Feb 20, 2017 $2.95
Feb 27, 2017 $1.97
Mar 6, 2017 $4.92 Feb 27, 2017 $4.43
Mar 6, 2017 $0.49
Mar 13, 2017 $4.92 Mar 6, 2017 $4.92
Mar 20, 2017 $4.92 Mar 6, 2017 $0.98
Mar 13, 2017 $3.93
Mar 27, 2017 $4.92 Mar 13, 2017 $2.46
Mar 20, 2017 $2.46
Apr 3, 2017 $4.92 Mar 20, 2017 $3.93
Mar 27, 2017 $0.98
Apr 10, 2017 $4.92 Mar 27, 2017 $4.92
Apr 17, 2017 $4.92 Mar 27, 2017 $4.92
Apr 24, 2017 $4.92 Mar 27, 2017 $3.93
Apr 3, 2017 $0.98
May 1, 2017 $4.92 Apr 3, 2017 $3.93
Apr 10, 2017 $0.98
May 8, 2017 $4.92 Apr 10, 2017 $4.92
May 15, 2017 $4.92 Apr 24, 2017 $4.92
May 22, 2017 $4.92 Apr 24, 2017 $1.97
May 1, 2017 $2.95
May 29, 2017 $4.92 May 1, 2017 $1.97
May 15, 2017 $2.95
Jun 5, 2017 $4.92 May 15, 2017 $3.93
May 22, 2017 $0.98
Jun 12, 2017 $4.92 May 22, 2017 $3.93
Jun 5, 2017 $0.98
Jun 19, 2017 $4.92 Jun 5, 2017 $3.93
Jun 12, 2017 $0.98
Jun 26, 2017 $4.92 Jun 12, 2017 $3.93
Jun 26, 2017 $0.98
Jul 3, 2017 $4.92 Jun 26, 2017 $3.93
Jul 3, 2017 $0.98
Jul 10, 2017 $4.92 Jul 3, 2017 $4.92
Jul 17, 2017 $4.92 Jul 17, 2017 $4.92
Jul 24, 2017 $4.92 Jul 17, 2017 $1.48
Jul 24, 2017 $3.44
Jul 31, 2017 $4.92 Jul 24, 2017 $1.97
Jul 31, 2017 $2.95
Aug 7, 2017 $4.92 Jul 31, 2017 $2.46
Aug 7, 2017 $2.46
Aug 14, 2017 $4.92 Aug 7, 2017 $2.46
Aug 14, 2017 $2.46
Aug 21, 2017 $4.92 Aug 14, 2017 $2.46
Aug 21, 2017 $2.46
Aug 28, 2017 $4.92 Aug 21, 2017 $3.44
Aug 28, 2017 $1.48
Sep 4, 2017 $4.92 Aug 28, 2017 $3.44
Sep 4, 2017 $1.48
Sep 11, 2017 $4.92 Sep 4, 2017 $3.44
Sep 11, 2017 $1.48
Sep 18, 2017 $4.92 Sep 11, 2017 $3.44
Sep 18, 2017 $1.48
Sep 25, 2017 $4.92 Sep 18, 2017 $3.44
Sep 25, 2017 $1.48
Oct 2, 2017 $4.92 Sep 25, 2017 $3.93
Oct 9, 2017 $0.98
Oct 9, 2017 $4.92 Oct 9, 2017 $3.93
Oct 16, 2017 $0.98
Oct 16, 2017 $4.92 Oct 16, 2017 $4.43
Oct 25, 2017 $0.49
Oct 23, 2017 $4.92 Oct 25, 2017 $4.92
Oct 30, 2017 $4.92 Oct 25, 2017 $4.92
Nov 6, 2017 $4.92 Oct 25, 2017 $0.49
Oct 26, 2017 $4.43
Nov 13, 2017 $4.92 Oct 26, 2017 $4.92
Nov 20, 2017 $4.92 Oct 26, 2017 $4.92
Nov 27, 2017 $4.92 Oct 26, 2017 $4.92
Dec 4, 2017 $4.92 Oct 26, 2017 $4.92
Dec 11, 2017 $4.92 Oct 26, 2017 $4.92
Dec 18, 2017 $4.92 Oct 26, 2017 $4.92
Dec 25, 2017 $4.92 Oct 26, 2017 $4.92
Jan 1, 2018 $4.92 Oct 26, 2017 $4.92
Jan 8, 2018 $4.92 Oct 26, 2017 $4.92
Jan 15, 2018 $4.92 Oct 26, 2017 $4.92
Jan 22, 2018 $4.92 Oct 26, 2017 $4.92
Jan 29, 2018 $4.92 Oct 26, 2017 $4.92
Feb 5, 2018 $4.92 Oct 26, 2017 $4.92
Feb 12, 2018 $4.92 Oct 26, 2017 $4.92
Feb 19, 2018 $4.92 Oct 26, 2017 $4.92
Feb 26, 2018 $4.92 Oct 26, 2017 $4.92
Mar 5, 2018 $4.92 Oct 26, 2017 $4.92
Mar 12, 2018 $4.92 Oct 26, 2017 $4.92
Mar 19, 2018 $4.92 Oct 26, 2017 $4.92
Mar 26, 2018 $4.92 Oct 26, 2017 $4.92
Apr 2, 2018 $4.92 Oct 26, 2017 $4.92
Apr 9, 2018 $4.92 Oct 26, 2017 $4.92
Apr 16, 2018 $4.92 Oct 26, 2017 $4.92
Apr 23, 2018 $4.92 Oct 26, 2017 $4.92
Apr 30, 2018 $4.92 Oct 26, 2017 $4.92
May 7, 2018 $4.92 Oct 26, 2017 $4.92
May 14, 2018 $4.92 Oct 26, 2017 $4.92
May 21, 2018 $4.92 Oct 26, 2017 $4.92
May 28, 2018 $4.92 Oct 26, 2017 $4.92
Jun 4, 2018 $4.92 Oct 26, 2017 $4.92
Jun 11, 2018 $4.92 Oct 26, 2017 $4.92
Jun 18, 2018 $4.92 Oct 26, 2017 $4.92
Jun 25, 2018 $4.92 Oct 26, 2017 $4.92
Jul 2, 2018 $4.92 Oct 26, 2017 $4.92
Jul 9, 2018 $4.92 Oct 26, 2017 $3.76
Dec 25, 2017 $1.16
Jul 16, 2018 $4.92 Dec 25, 2017 $4.92
Jul 23, 2018 $4.92 Dec 25, 2017 $4.74
Jan 1, 2018 $0.18
Jul 30, 2018 $4.92 Jan 1, 2018 $4.92
Aug 6, 2018 $0.81 Jan 1, 2018 $0.81

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