25 installments • 28%
I am a barber and I own a small barber shop of which i have been running for the past six months. It has been a success so far and has been generating little income for me which so far has sustained me. Due to high demand for my services, I opt to expand my shop by at least increasing the number of seats and hair cutting machines to cater for more customers. Thus making my dream come true as well as having a sustainable means of income through utilizing my talent.
Since I have been into the hair cutting business, passion is my main drive and I really want to expand and dwell on the same. This will not only impact positively on the community the my business is based in but will as well enable me to earn a living. My regular income from the business is significantly insufficient to see me expand the business but if you as the Zidisha community will extend your helping hand, I will be grateful thus accomplish my dreams. About my advance if you happen to advance me the loan will be appropriately communicated to you.
Given the Zidisha loan, I will like to expand on my already existing barber shop by at least adding two more hair cutting machines and seats. This will not only sustain my livelihood but also act as a means of income as well as creating employment opportunities to at least two barbers and becoming financially independent.
Jan 13, 2015
Cost to entrepreneur
Lender interest: $100.16 at 6.40% annual rate over 6 months = $3.42
Service fee: $1.98