Grace
Kiambu County, Limuru Subcounty, Ngarariga Sub Loc, Kenya
20% repaid
Name
Grace
Member since
March 2014
On-time repayments
45 installments • 36%
I am a 25 year old salonist based in Ngarariga town and a certificate holder in business management. I started my business way back in 2011 after my mom passed away. My dad was sick too (AIDS) so I had to take care of him and other siblings as well. He passed away as well.
I faced tough times when starting my salon. I actually started it at home where I depended on the word of mouth to get customers. Through the help of a merry go round I saved enough to start a salon. The business has been good; at least it provides my rent and buys food for my 5 siblings. It became hard getting funds through the merry go round as interests were high.
When I heard about Zidisha I knew for sure that is the break I have been waiting for. If my loan gets fully funded I will expand my business to buy a few accessories and also pile up stocks of beauty products so it becomes a one stop salon.
This is how I earn from my salon business
Monthly Income $300 (Kshs 25,000)
Expenses $100(Kshs 8,500)
Miscellaneous $50(Kshs 5,000)
Balance $ 150(Kshs 11,500)
If my loan is fully funded, I will spread it across installments that I will be able to pay comfortably and come back for more funds to make my dream come true.
With the above earnings (which I expect to increase after a financial boost) I will be able to repay. God bless you
I would like to buy seats for customers awaiting services and avoid loosing them when they prefer other places than standing as they wait. and install shelves to keep beauty products for use and display so that my clients can choose from the variety
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Sep 22, 2016
Repayment status
Late
Projected term
6 months
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