New shaving machine for my barbershop
Mubaraka
Mazeras Mission, Kenya
100% repaid
Entrepreneur
Name
Mubaraka
Member since
October 2016
On-time repayments
72 installments • 81%
About Me
I was born on 1st august in 1974 as a second born of mr shaban Ibrahim and mrs kanze kitonya. I started my primary education at mazeras primary school in the year 1982 then did my kcpe examination in 1989. I did not go on with my secondary education because of luck of school fees my father died when i was in class 5. I then started helping my mother working in the shamba growing maize for the family. One day my friend asked me to help him working at his Barber shop a I joined him and he tout me how to cut heir after after 5 years my mother also died. Then my uncle gave me some mony to start my own barber shop which I run up to now. People here like drinking pulm wine. My child want to be a doctor when he grow up. I like watching movie during my free time.
My Business
My business is all about hair cutting. I wakeup very early in the morning every day going to mazeras town where my shop is, open it and ready for welcoming customers. Some of my customes are truck drivers, they sleep at mazeras town then they like cutting hair at my shop they say they like my service. I choose this kind of business because i love it, it has a good profit and many people here like their hair short. My typical cost and revenue is 4000 KES for business license per year. 1000 KES for electricity bill per month.1000 KES for spirit and others.
Loan Proposal
I will buy another new shaving machine at $60 am also looking forward to employ one of my friends so that i create jobs opportunity. I now get enough money to pay for my basic needs. I pay school fees for my son smoothly and my business is also running smoothly. I expect to increase my profit by $3 per day. Thankyou.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$48.00
Date disbursed
Apr 7, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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BernadetteV Mar 28, 2017
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