Expanding my beauty hair saloon business

Morene

Gachie Nairobi, Kenya

100% repaid

Entrepreneur

Name

Morene

Member since

September 2015

On-time repayments

61 installments  •  25%

About Me

I am the 1st born in a family of four. Our family was very poor and we lived a life of extreme poverty and no hope. This situation made me drop out of school having finished my primary education. With this level of education, I could not get any good job and this how I ended up learning how to do a salon through a friend who assisted me to me to learn from her small salon shop. I later went and got a low paying house help job. It is out of some little money I got that I was able to buy a little salon equipment which enabled me to start my small salon business in a slum area. It was such a great blessing when somebody introduced me to Zidisha. Through Zidisha, I was able to purchase additional equipment. My business was picking up so well. The most unfortunate thing which took me almost to zero is when I became seriously sick and was admitted for two weeks in hospital. The girl who was assisting me in the salon took advantage of my desperate situation and ran away with all my equipment and this brought my business to the ground. I really had a very hard time in repaying my Zidisha loan as you may see from my payment records. Since life has to continue, I have now ventured into the dressmaking business to make ends meet and to support my two daughters whom I am taking care of as a single parent. I am therefore requesting my lenders to help me rise up again. I almost committed suicide when I lost all my salon equipment but thankfully I am still alive. Kindly help. To live a life of poverty is so bad. I am really struggling through bad odds to help my children live a better life in future . With friends through Zidisha, I am seeing a brighter future.

My Business

Having lost all my salon equipment which was stolen by a young lady who was helping in my business when I was in hospital, a friend borrowed me a sewing machine with which I started a dressmaking business. My parents sold their only cow and gave me money to buy clothing materials. During the month of December, I got a good number of customers. I was able to earn some money which assisted in paying rent, and taking my two daughters to school. I am now looking forward to buying an additional sewing machine and this will help get additional income to pay the Zidisha loan if I am given one. Since I deal in ladies' outfits, most ladies like to be neatly dressed and to have new fashions every time, so this is a sure business with very good income. The only challenge is the stock.

Loan Proposal

I will use the first loan to purchase a blow Dry.The new one goes at Kshs10,000 Approximately 95 US dollars.Since the first loan will not be enough.I will add part of my money to for a top up.This will help me increase my customer base.This will increase my net profit to about Kshs 500 Per day

Show original English  

About Me

Am the 1st born in a family of four,our family was very poor and we lived alife of extream poverty and no hope.This situation made me to drop out of school having finished my primary education.With this level of education ,I could not get any good job and this how I ended up learning how to do saloon through a friend who assisted me to me to learn from her small saloon shop.I later went and got low paying house help job.It is out of some little money I got that I was able to buy some few saloon equipments which enabled me to start my small saloon business in a slum area. It was such great blessing when somebody introduced me to Zidisha.Through zidisha I was able to purchase additional equipment.My business was picking up so well.The most unfortunate thing which took me almost to ziro is when I became seriously sick and was admitted for two weeks in hospital.The girl who was assisting me in the saloon,took an advantage of my desperate situation and ran a way with all my equipment and this brought my business to the ground.I really had very hard time in repaying my zidisha loan as you may see from my payment records.Since life has to continue I have now ventured into dressmaking business.To make ends meet and to support my two daughters whom am taking care as a single parent.Am therefore requesting my lenders to help me rise up again.I almost committed suicide when I lost all my saloon equipment but thank Am still alive.Kindly help.To live a life of poverty is so bad.I am really straggling through many odds to help my children live a better life in future .With friends through zidisha I am seeing brighter future

My Business

Having lost all my saloon equipment which were stolen by a young lady who was helping in my business when I got sick,a friend borrowed me a sewing machine with which I started a dressmaking business. My parents sold their only cow and gave me money to buy clothing materials.During the month of December I got a good number customers .I was able to some money which assisted to pay rent,take my two daughters to school.I am now looking forward to buy additional sewing machine and this will help get additional income to pay the zidisha loan if am given.Since I deal in ladies outfits,most ladies like to be neetly dressed and to be on new fashions every time,this is sure business with very good income.The only challenge is the stock

Loan Proposal

I will use the first loan to purchase a blow Dry.The new one goes at Kshs10,000 Approximately 95 US dollars.Since the first loan will not be enough.I will add part of my money to for a top up.This will help me increase my customer base.This will increase my net profit to about Kshs 500 Per day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Oct 20, 2015

Repayment status

On Time

Projected term

9 months

Lenders

PG

Paul Graham

United States

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