Zidisha |

Faith

Kayole Naivasha, Kenya

Funds disbursed

$0 to go

100% funded of $750 goal

days left

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How it Works

Entrepreneur

Name

Faith

Member since

January 2013

On-time repayments

71 installments • 8%

About Me

i was born in a family of six four girls end two boys,my parents live in kiambu,I live in kayole naivasha kenya.I have a salon in kayole by the name Faizel Beauty Palour .I Hold a certified certificate in Hairdressing and Beaty.the business is the one that Keeps me going.my daily bread is got from my salon and I feed my family from the business.I am a single mother of three girls one in high school, one in primary school and the other is 8 months old.I am currently building my house which is under construction and the business helps me in doing that.the House is a two bed-roomed with a kitchen and a dinning room.I educate my girls from my salon and If I get the loan I would expand the Beauty palour to something Bigger and productive.I will get enough stock for the same and increase my income thus will be able to finish my projects and educate my girls better.

My Business

in my home place its about 500meters walk on the right hand side of a school called fahari Junior academy. in this area we have different kinds of salons where the owners employ unqualified employees and the area is highly populated since it is a village next to town where people prefer to stay in this estates other than renting houses in town thus the competition being stiff mine remain outstanding because, I am a qualified and certified individual in my career of hair dressing and beauty therapy.
My customers prefer my business because I have come up with a good standard of my business by offering professional services to both hairdressing customers and beauty customers.
The most risk that affects my business is the electricity black out because my customers have to wait for long hours before the electricity resumes but I expect to purchase a power backup system or a generator to assist me to lender full services without any interruption.
My monthly costs in the business are:
Premise Rent: ksh10,000
Electricity bill: ksh3,000
Water bill: ksh2,000
Other expenditures: 1,200
Sales revenues sum to around: ksh28,000-ksh30,000
I make profits of around: ksh9,000-ksh12,000 this is after all the deductions including my salary.

Loan Proposal

first I thank all the lenders for making it a success to my business and the far I have made its by Gods grace. the season of December is here and businesses are at the peak hours and every business man or woman is looking forward to make good returns in this season. I will use this loan to open a beauty palour in town and also increase stock in my current salon in this festive season where the opportunity is high. I will be grateful when I receive the loan to fund my business. thyank you lenders for the othe loan it was a great help and a boost to my business.