Machines and additional employees for barbershop

Michael

Githurai, Kenya

Funds disbursed

$0 to go

100% funded of $50 goal

0

days left

Entrepreneur

Name

Michael

Member since

November 2014

On-time repayments

10 installments  •  0%

About Me

my names are Micheal Ndegwa Njoroge .am 26 years old second born of a family of seven.born in a village called Kibagare in central part of Kenya. I attended school to O-level at Gitithia secondary school but was unfortunate to go to college though i was qualified. This was so that my brothers and sisters who were younger than i could continue with their education to reach the O-level.
I moved to Githurai in Ruiru sub county where i got training while working as a hair stylist. i have now worked as a hair stylist for 4 years and am very good at it.

My Business

Earlier in 2014 at the month of February, i moved from my place of work and used the savings i had plus a loan from equity bank of Kenya to start my own business
I have operated that business as the only worker and was favored greatly by the Almighty that i paid in full that loan. It was however a tough and stressing thing to do as the interest rates in this country's banks is very high. As i was looking to secure another loan to expand my business, i found it difficult task. i however got an advice by one of my clients, Benjamin Mburu to try and get loan for business from Zidisha organization. after much research and reading of the many businesses you are supporting here i am trying my luck in securing my first loan with you. Thank you in advance

Loan Proposal

The way to serve many people in this industry is to employ more people because each stylist can only deal with one person at a time. I hereby wish to seek funds to buy machines and other tools to employ two other people to help e end the constant queue in my barbershop. this will also help e serve more clients and be able to earn more. i am very grateful to all the lenders for they are doing superb job in uplifting many people living standards. MERRY CHRISTMAS to you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Dec 18, 2014

Repayment status

Late

Projected term

2 months

Lenders

sderickson

Berkeley, CA, United States

himynameismartin

Czech Republic

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