Fund me to add drier and hairpeace for my beatique

Kate

Kamariny, Kenya

100% repaid

Entrepreneur

Name

Kate

Member since

June 2014

On-time repayments

112 installments  •  6%

About Me

MY names are Kate kariuki.i am the second born in a family of four. Am also a single mother and I am blessed with a daughter. I finished my 0 level in Uasingishu high school and graduated in Baraton University with a degree in business administration. These year march I got employed in Moi Teaching Referral t Hospital and I am yet to complete my three month probation.
I started my business last year on December,2013 when I completed my degree to assist me and my daughter as my daughter also graduated November to upper class. I STARTED the business of boutique and we offer our customers such services as manicure and pedicure, body message and hairdressing.
Among these we also sell hair pieces of different kinds. During my free time I help in my shop to work as we serve several customers especially college students and nearby residents. I also go out with my daughter and we like to play together like swimming.

My Business

My source of income will come from the business as it is profitable and also since I am now employed I can actually pay the loan if given the chance to access Zidisha loans without a constrain.as earlier pointed out, my business is boutique and we offer our customers such services as manicure and pedicure, body message and hairdressing. Among these we also sell hair pieces of different kinds which customers come and decide the hair peace which they want unlike other boutiques where customers come with their hairpieces.
I employed a lady whose professional is to perform the duty and she offers a good quality services and together with me we serve our customers very well. I normally get good items as I pass through Eldoret town when I come from work.THERE are no risks but only challenges like some times where our weekly targets are met as we normally work to a achieve our targets each week which we set on Sunday.
My loan proposal to zidisha is to assist me increase a blow drier costing USD 80 AND increase the hair stock as its one of our main source of income for USD 70.
THESE ARE MY MONTHLY EXPENDITURE AND PROJECTED INCOME:
GENERAL SALES FROM THE HAIR-PEACES AND CUSTOMER SERVICES =USD 600
EXPENSES.1 PURCHASES-USD 130
2. SALARIES- USD 160
3. RENT-USD 50
4. WATER AND ELECTRICITY-USD 40
5. MISLENOUS-USD 20-includes transport
Projected net profit=sales-expense =USD 600-400=200
Monthly incomes averages USD 200.

NB.Salaries includes also myself as we both assist I the customer services that generates income.

Loan Proposal

First my sincere gratitude to the zididsha for according me a very golden opportunity never accessed before and for Zidisha lenders for allowing us to improve our business through the lending.
These is my first zidisha loan and if funded,i will use it very wisely by increasing a blow drier costing USD 80 and increase the hair stock as its one of our main source of income for USD 70 just as explained previously.
As we already generate enough profits in the shop,the loan will make my profits double by reducing the queue we have been experiencing.
I will surely be so grateful if funded and i am looking forward to your support.
Thank you so much and have a blessed weekend!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jun 17, 2014

Repayment status

On Time

Projected term

6 weeks

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