Margret
Emali, Kenya
$0 to go
100% funded of $6 goal
0
days left
Name
Margret
Member since
September 2017
On-time repayments
5 installments • 40%
my name is Margret mueni kimilu from emali town in makueni county.i am an hairdresser operating my business in that town.i am married and have given birth to four children.two of my children are in high school,one in the university and the other one in college.my children have always stressed me to struggle to pay their school fee am they always promise to show me wonders.initially I had no source of income and I really struggled to have their fees paid .as a result I saw it good to start an hairdressing business since I had the skills.my starting capital was a loan of sh20000 which I got from a bank in our town (sidian bank)which I gave a guarantee security of my two cows which i reared at home.i started the business and by the end of one year i was able to repay the loan
as I said earlier I began my business five years ago.it began as a small business but now it has grown so big.I have always given a lot of commitment, interest and concern to my business and I have seen it grow and make tremendous profits year after year.it is out of this business that I have somehow been relieved from the much struggle in paying fees for my children .I said that my starting capital was a loan i got from sidian bank and i madeefforts to repay it in good time.I have been able to hire two other women in my business from my neighborhood to assist me in the business.I have been able to come up with new hairdressing styles of which ave made many customers remain attached to me.I recently got a.loan from the zidisha app after hearing it for long from my friends and I have seen it of help
i am going to use the loan to purchase stock for my business .for example, i will buy lotion, perfumes, sprays and chemical to apply on my customers hair.i am also going to spend some amount to have my blow-dry machine repaired because it brokedown yesterday and am loosing customers.
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Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Oct 24, 2018
Repayment status
Late
Projected term
3 weeks
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