Entrepreneur
Name
Ethel
Member since
June 2014
On-time repayments
52 installments • 29%
About Me
my name is Ethel Sifuma.I am a 32 years old lady. i hold a higher national diploma in human resource management. i live in kisumu town migosi estate where i run a hair and beauty salon. i ventured into the business six months ago after a long time of searching for a job with no success. hair and beauty has always been my passion. i started practising hair plaiting since i was a young girl and as years passed by i had mastered the skill. after completing my o level i was employed in a salon where i learned everything on salon and beauty. i later joined college and after job searching with no success i decided to put my skill to use so as to earn a living. with the little i earn from my simple salon
My Business
my business is based in the estate where i live in kisumu. i get most of my clients towards the end of the week, that is from thursday through sunday. the other days are not as busy compared to the rest.
i have a challenge of a hair drier which i normally hire on the four busy days thursday-sunday. i pay 4dollars per day for the drier, which normally has a high demand. i would like to acquire a hair drier which costs116dollars so as to be more effective to my clients and save the 14dollars i use for hiring the drier.
the business is picking on well. on the four busy days i make atleast 9dollars each day. i pay 35 dollars for the premise and electricity bill of 12 dollars per month.
given the loan i would be able to buy a hair drier and save on the 14 dollars i use for hiring every week,which instead i will use to repay the loan then have my permanent drier thus improved services.
Loan Proposal
my business is based in the estate where i live in kisumu. i get most of my clients towards the end of the week, that is from thursday through sunday. the other days are not as busy compared to the rest.
i have a challenge of a hair drier which i normally hire on the four busy days thursday-sunday. i pay 4dollars per day for the drier, which normally has a high demand. i would like to acquire a hair drier which costs116dollars so as to be more effective to my clients and save the 14dollars i use for hiring the drier.
the business is picking on well. on the four busy days i make atleast 9dollars each day. i pay 35 dollars for the premise and electricity bill of 12 dollars per month.
given the loan i would be able to buy a hair drier and save on the 14 dollars i use for hiring every week,which instead i will use to repay the loan then have my permanent drier thus improved services.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 3, 2014
Repayment status
Late
Projected term
12 months
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$51.16
Amount remaining
$115.12
Expected completion
Jul 4, 2015
Status
Repaying late
Installment amount
$3.20
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 12, 2014 | $3.20 | Jul 12, 2014 | $3.20 |
| Jul 19, 2014 | $3.20 | Jul 18, 2014 | $3.20 |
| Jul 26, 2014 | $3.20 | Jul 26, 2014 | $3.20 |
| Aug 2, 2014 | $3.20 | Aug 5, 2014 | $3.20 |
| Aug 9, 2014 | $3.20 | Aug 5, 2014 | $3.20 |
| Aug 16, 2014 | $3.20 | Aug 16, 2014 | $3.20 |
| Aug 23, 2014 | $3.20 | Aug 23, 2014 | $3.20 |
| Aug 30, 2014 | $3.20 | Aug 30, 2014 | $3.20 |
| Sep 6, 2014 | $3.20 | Sep 6, 2014 | $3.20 |
| Sep 13, 2014 | $3.20 | Sep 12, 2014 | $3.20 |
| Sep 20, 2014 | $3.20 | Sep 18, 2014 | $3.20 |
| Sep 27, 2014 | $3.20 | Sep 29, 2014 | $3.20 |
| Oct 4, 2014 | $3.20 | Oct 6, 2014 | $3.20 |
| Oct 11, 2014 | $3.20 | Oct 11, 2014 | $3.20 |
| Oct 18, 2014 | $3.20 | Nov 2, 2014 | $3.20 |
| Oct 25, 2014 | $3.20 | Nov 2, 2014 | $3.20 |
| Nov 1, 2014 | $3.20 | ||
| Nov 8, 2014 | $3.20 | ||
| Nov 15, 2014 | $3.20 | ||
| Nov 22, 2014 | $3.20 | ||
| Nov 29, 2014 | $3.20 | ||
| Dec 6, 2014 | $3.20 | ||
| Dec 13, 2014 | $3.20 | ||
| Dec 20, 2014 | $3.20 | ||
| Dec 27, 2014 | $3.20 | ||
| Jan 3, 2015 | $3.20 | ||
| Jan 10, 2015 | $3.20 | ||
| Jan 17, 2015 | $3.20 | ||
| Jan 24, 2015 | $3.20 | ||
| Jan 31, 2015 | $3.20 | ||
| Feb 7, 2015 | $3.20 | ||
| Feb 14, 2015 | $3.20 | ||
| Feb 21, 2015 | $3.20 | ||
| Feb 28, 2015 | $3.20 | ||
| Mar 7, 2015 | $3.20 | ||
| Mar 14, 2015 | $3.20 | ||
| Mar 21, 2015 | $3.20 | ||
| Mar 28, 2015 | $3.20 | ||
| Apr 4, 2015 | $3.20 | ||
| Apr 11, 2015 | $3.20 | ||
| Apr 18, 2015 | $3.20 | ||
| Apr 25, 2015 | $3.20 | ||
| May 2, 2015 | $3.20 | ||
| May 9, 2015 | $3.20 | ||
| May 16, 2015 | $3.20 | ||
| May 23, 2015 | $3.20 | ||
| May 30, 2015 | $3.20 | ||
| Jun 6, 2015 | $3.20 | ||
| Jun 13, 2015 | $3.20 | ||
| Jun 20, 2015 | $3.20 | ||
| Jun 27, 2015 | $3.20 | ||
| Jul 4, 2015 | $3.20 | ||
Ask Ethel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.