Help me open another barber shop

Entrepreneur

About Me

I am a 26 years old, a businessman and a student at the Technical University of Kenya. I set up the business to offload my financial needs while in campus as well as tackle the great problem of unemployment in our youths. I am currently faring excellently well, having a busy barber shop with two employees. I always wake up early and prepare my daily schedule whereby I ensure all is properly set in the business, then attend my classes then return to the shop and continue with other tasks including the managerial responsibilities.I am always gland and joyful for this great achievement and aim to reach even higher. Its my dream to grow to a prominent businessman and to employ a chain of young men and women to assist as many as I can.

My Business

My business is currently performing absolutely well with a high flow of customers around the area. I have two shaving machines and two employees. The business operates from 7am to late at night depending on the customer attendance. I have a great managerial skills, having operated the business for two years with the same employees and everything runs smoothly with minimal supervision. I always bank my income on daily basis and have a relatively good monthly savings. I now intend to open another branch just within the same location but in a different street to have a higher income.

Loan Proposal

Dear Lenders,
I hereby call upon you to assist me open another barber shop so as to increase my income level and to fully develop my business dreams. I now have a wide range of experience in the business and have enjoyed its returns. I will use the loan in buying two new shaving machines and some wall mirrors since I have already booked a space and constructed a small kiosk for the business. I will be in a position to repay the loan within the specified time since the business is viable and its income is on daily basis.
Kindly assist.

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Loan Info

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