Festive season stock

Leguka

Kisii, Kenya

1% repaid

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How it Works

Entrepreneur

Name

Leguka

Member since

May 2020

On-time repayments

47 installments • 60%

About Me

My name is leguka teeka, am 26 years old a single mother to 3 year old son. I was born in Kajiado in Ngong. I attended sarare primary school then later Ngong hills secondary. I was not able to further my education because my parents were low income earners.
I started training hairdressing in one of the salons near me.
After learning for 2 years I gained the skills and was able to get a small space where I practiced.
Around 2015 I met the father to my child everything was OK till I got pregnant, he got so abusive to a point I feared for my life and that of my kid.
For our safety I decided to relocate to kisii where the residents have been very kind.
I was able to continue my hairdressing business which has cartered for all my needs and that of my child.

My Business

I own a small salon where I do all kind of hairdressing. I over blow dry, chemical treatments, hair dying and braiding.
I have run the business for almost 4 years now, there has been challenges but I have managed to get enough clients to sustain my business.
There equipments that I don't have yet, I hope with your help I'll be able to grow my business and make it better.

Loan Proposal

Hello lenders, I hope you doing well. Am applying for a new loan to help me get a new stock for the beauty shop and my salon. As we head to the festive season people are trying to look good so my services are in demand and I would wish to capitalize on this.
I will invest the loan as follows:
1. I will invest kes 25000 on braids and weaves this will enable me attend to the pandemic orders from my clients.
2.i will invest kes 15000 on shampoo and hair conditioners.
This ones I will resale on my beauty shop and also use at my salon.
3. I will invest kes 10000 on hair products likes curl activators, hair gel, food hair and relaxers.
4. I will invest kes 15000 on face cream and body lotions.
5. Due to increase in my customers I will add a new hair dryer which will cost kes 8500 and a hand held blow dryer which will cost kes 2500.
6.i will invest kes 10000 on hair dye. I offer hair dye services and this will enable me get a variety to meet my customer's needs.
7. Finally I will invest kes 13000 on braiding threads. It's trendy and I believe it will be important to have enough since they are on demand.

Income Source

I have been offering home services to my customers which helped my business during this pandemic, i also started selling beauty products which gave my business a boost, having multiple sources of income has helped me be able to pay my loans on time. I will continue doing this on order to stay a float.

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R
Ray Dec 15, 2020

For the third time great repayment record - well done

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R
Ray Oct 1, 2020

Another excellent repayment record - well done.

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R
Ray Jul 27, 2020

Excellent repayment record - well done.

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