Expanding my barbershop

Edward

Mazeras Miwani, Kenya

100% repaid

Entrepreneur

Name

Edward

Member since

August 2016

On-time repayments

232 installments  •  59%

About Me

I was born on ninth of September in nineteen eighty five at ichamara village in Nyeri county. I'm the fourth born of the late Geoffrey Kamau and Annah
Njoki. I started my primary education at githungungu primary school from nineteen ninety two and I deed my kenya certificate primary examination paper in two thousand and two. Then i started working as a garden labour because of lack of funds to take me to high school. After about two years my friend asked me to join him to work in his berbers shop. I worked there for two years then I raised capital to open my own berber shop. People here are very hard working and so lovely. My daughter wants to be a teacher when she grow up. I like watching movie.

My Business

I shave all kinds of people. In this town there are so many companies so there allot of people and the climate is so hot. So people like to keep their hair short. My revenue cost is three thousand Kenya shillings per year and my typical cost for house rent,electricity,water and hygiene equipments is at least seven thousand Kenya shillings per month. I use my profit for family up keep and reinvestment in growing my business.

Loan Proposal

I will buy another three shaving machines at $ 65 each and 3 modern shaving chairs at $5 each . It will increase the number of my customers it will also increase my profit by $5 per day.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$303.00

Date disbursed

Feb 2, 2017

Repayment status

On Time

Projected term

8 months

Lenders

Martin

Manama, Bahrain

Paul Buchheit

Mountain View, United States

Kevin

San Francisco, United States

I

ibaer

Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Please log in to comment.

  • Duncan    Dec 28, 2020

    The member has agreed to settle her loan from Tuesday the coming week kindly.

    Log in to reply • Share
  • Edward    Oct 9, 2020

    I want to change my instalment so I finish repaying my loan quickly and take another loan to raise my business.

    Log in to reply • Share
  • Edward    Oct 9, 2020

    Hi my lenders, it's been a hard time due to corona pandemic, we were forced to close down our business and other sources were hard to sustain my daily needs... Now am back in business but am starting a fresh... Thanks for yur sapport am looking forward to work with u

    Log in to reply • Share
  • Edward    Nov 8, 2018

    Thank a lot my lenders. I have been in a business fall down but now am picking up. Soon I will meet my target. Thank you for everything thing u have done to support my projects. God bless you soo much.

    Log in to reply • Share
  • Edward    Feb 19, 2018

    I have decided to reduce my instalment to allow my businesses to gain.

    Log in to reply • Share
  • Edward    Nov 19, 2017

    After i had received the loan n put it in my new business, it has not started to gain. So pliz I would like to reduce my instalment for this pay then I will increase in later instalments.

    Log in to reply • Share
  • Edward    Nov 3, 2017

    I will increase stork to my retail kiosk, it will increase my profit. Thank you very much lenders for funding this loan.

    Log in to reply • Share
  • Edward    Oct 27, 2017

    My last loan helped me alot because I bought new chairs and increased the number of chairs in my barbar shop,I employed a new helper and that helped me have a bigger income. I aslo expanded my business by opening a small kiosk. I get a profit of 7,000 KES per month. I use the increment increase stork to my kiosk.

    Log in to reply • Share
  • Edward    Oct 26, 2017

    I would like to change my instalment so that I can get the loan limit increase as zidisha has promised me that if I pay in the duration of time they have given me they will increase my loan limit

    Log in to reply • Share
  • Raya    Sep 28, 2017

    Dear lenders, I spoke to Edward Kamau this morning, he promised to repay his loan today. Thankyou.

    Log in to reply • Share
  • Edward    Feb 25, 2017

    Due to hardship in business,I have no choice but to reduce my weekly payments until the business starts to regain.

    Log in to reply • Share
  • Edward    Feb 4, 2017

    i received 28,500 ksh and i av already bought a new shaving machine.Thank you zidisha for your help. I received the money and it has help me improve my businesses.

    Log in to reply • Share
  • Edward    Jan 31, 2017

    I will buy new shaving machines and new Morden shaving chairs for my barber shop. It will change the looking of my shop,increase customers and it will also increase my profit.thankyou lenders for funding my loan.

    Log in to reply • Share
  • Edward    Jan 29, 2017

    Nothing can be fur from truth, since I joined zidisha,my life and business has been never the trouble again. thenks to zidisha for your great support.

    Log in to reply • Share
  • Edward    Jan 25, 2017

    Am very proud to take this special opportunity to thank all lenders who funded my first loan. It helped me alot. I bought 1 new shaving machine and employed on of my friend. It increased my profit by $4 per day.

    Log in to reply • Share
  • Edward    Oct 3, 2016

    It has turned up well with current loan and I want to minimize the period so that i can take another loan. The investment I have made with the loan has turned out great n fruitful. Am glad to zidisha for its support.

    Log in to reply • Share
  • Edward    Aug 17, 2016

    I will use the loan to buy 3 new shaving machines and 3 modern chairs. It will increase my profit. Thankyou zidisha for the loan and for your kindness.

    Log in to reply • Share


Loading...

Loading...

Loading...