Gifted beauty salon

Thaddeus

Nakuru, Kenya

94% repaid

Entrepreneur

Name

Thaddeus

Member since

November 2016

On-time repayments

158 installments  •  37%

About Me

I was born in 1987 in Siaya county in Kenya. I was born in a family of five including my parents. My family consists of two brothers and one girl and my two parents. I started my education at the age of 7 years old in pri-unit and finished primary school and joined high school on 2002 in Ngiya girls. I finished my secondary education on the year 2005 and this was the beginning of problems in my life since my parents didn't have financial support for my collage. I therefore decided to travel to Nakuru town to visit my uncle who was casual worker there. After looking for any job for sometimes i secured a job as a house help in a nearby house within the estate. I was really determined on my future business and therefore,would always saves for my future collage. Eventually I was enrolled in hair dressing collage as a part-time student. After my collage, i got a assistance from my uncle and friends who supported me financially to start my own hair salon shop. This business has really changed my life since,its supporting my family and paying my bills. My salon is within the residential estate and i chose this place after doing research and found out that there was no hair salon around and women and school going girls would walk a distance estate for their hair to be made. Currently my business is doing well and i always serve between three to five customer in a day. I normally serve more customers on weekend since most employed customers and school going clients are at home. I approximately get $30 in a weeks time and this has enables me to pay for my kid education, pay my bills, purchasing of cosmetics,rental and saves for expansion of my business . My daughter would like to be a teacher when she grow up. On my free time, i like swimming,reading novel and watching movies.

My Business

My business is my source of income. I ventured into a small hair salon shop called "Gifted hair salon". Its situated within my residential Githima estate. This business has been my life breakthrough since its supporting my lively-hood. I approximately attends to one to five customers in a day and sometimes up to eight customers on weekends. I also sells some cosmetics for customers who would not come with theirs. I really like my job with all my heart and through determination and hard working would like to expands it to a big company which would even offer employment to some unemployed youth in future. Though it has some challenges like any business, i always overcomes my challenges by wide consultation and research from those who have been in the same business for sometimes. My business is doing well and i approximately makes $30 in a weeks-time and out of experience, i am very sure that this would continue supporting my family, pays my bills and education of my kid. This business has been doing well and i am quite confidence that it will refund the loan you would offer me successfully.

Loan Proposal

In addition of some personal savings,it would enables me purchased the following for expansion of my beauty salon-; five iron sheet at $5 each 500Kes. The five sheets will cost $25(2500kes) I would purchased 5kg iron nails at $10(1000kes) and the labour charge for the labour would be $30(3000kes) I would also increased the stock of weaves,chemicals and lotions at the cost of $50(5000kes).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Jan 27, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Cloudways

Malta, Malta

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Jeff

The Colony, Texas, United States

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  • Robinson    Jan 23, 2020

    I left a message for Alarm through her reference Pascalia on her line 4498 and asked her to reach out requesting the borrower to update lenders on when they can expect payment and the challenge on the ground if any

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  • Jacob    Jul 3, 2019

    Hi Lenders, Italke to Thaddeus and he says that his business is not doing well. hope things work well for him soon.He is optimistic to paying his loan VM

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  • Jacob    Jul 3, 2019

    Hi lenders, Thaddeus says that his business is still down but plans to start paying back his loan as soon as he is back on track. VM

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  • Jacob    May 17, 2019

    Mr Thaddeus claims that his business has been down for sometimes, he is doing everything to make sure he is at par with the loan repayments

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  • Thaddeus    Nov 9, 2018

    I found Thaddeus on his phone and he said that his business has been down for sometimes but slowly picking up and would starts repayments of his loan consistently in two weeks time.

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  • Jacob    Oct 29, 2018

    Hi lenders, i spoke to Thadeus on phone, he says business has not been doing well but he is expecting some revenue to start paying. VM

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  • Jacob    Sep 3, 2018

    Hi lenders, i spoke to Thadeus on phone, he says business has not been doing well but he plans to pay something towards his loan. VM

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  • Thaddeus    Jul 3, 2018

    Hi lenders, I am very sorry for missing the payments of my loan for sometime. This happened due to the closed down of my business last year simply because of political temperature in the last two august general election which was characterized by ethnicity war, looting of properties, rapes and destruction of property. Subsequently, my business was indefinitely closed down but I'm now looking forward to start it again and would like to seek your financial support once more. Thanks you very much.

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  • Vicki Stewart    Jun 30, 2018

    Hi Thadeus,
    Any chance you can start making payments again soon?

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    • Thaddeus    Jul 3, 2018

      Hi Vicki, my business was adversely affected by two general election held in August 2017 last year characterized by civil fight, looting of business properties and killing of innocent by police. But I'm currently looking forward to start it again.

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  • Thaddeus    Dec 23, 2017

    The business has gone rapidly down after most of my customers have traveled home to celebrate Xmas in rural area.

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  • Thaddeus    Dec 16, 2017

    Hi lenders, I'm very grateful for your concern and consistent support you offers towards my business. My business is going well and I thank you for for this. May God bless you.

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  • Thaddeus    Nov 5, 2017

    Due to power blackout for the last two days i have not work and therefore have not make any business but would adjust it immediately after its reconnection.

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  • Thaddeus    Nov 5, 2017

    Hi zidisha, am very happy to informs you that my business is doing well and i have realized that the loan you gave me has impacted into the subsequent profit increment in my shop. thanks zidisha team.

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  • Thaddeus    Oct 26, 2017

    Am very grateful for having considered my loan request and funding it. Thanks alot lenders may God bless you.

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  • Thaddeus    Oct 22, 2017

    Thanks alot lenders your always makes a smile on my face and because of you my living standard has really changed, thanks alot for funding this my sixth loan. Its going to not only increased my capital, but also satisfied my customers demands.

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  • Thaddeus    Oct 14, 2017

    Thanks alot my lenders for my previous loan which greatly improved my business, subsequently my business is now stable and satisfying my customers demands. Am currently looking forward for your support again to fund another loan. Thanks alot.

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  • Thaddeus    Oct 8, 2017

    Thanks alot lenders for your consistent support towards my business. This has changed my social and financial life. Thanks alot may God bless you abundantly.

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  • Thaddeus    Sep 18, 2017

    The business is down at the moment.

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  • Thaddeus    Sep 7, 2017

    Hi lenders, am very grateful for having considered my loan request and successfully funded it. Am quite confident that it would increased the profit earning in my business. I purchased the following :- 5bags of plaitting weaves, 1hair blow machine, 7bottle of hair lotions and cleared business electricity bill of $20.00.

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  • Thaddeus    Aug 23, 2017

    Hi lenders, am very grateful for having considered and funded my loan. Subsequently, this loan would not only increased the capital of my business but, improved the living standards of my house hold. Thanks you once more again for being by my side always, you have proved to be the true friends.

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