Peter

Kandutura, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

July 2012

On-time repayments

14 installments  •  71%

About Me

I was born in 1973 and brought up in Kandutura village, am married and blessed with four children,3 boys and 1 girl,i work as a barber at waka centre and through the a small income am able to sustain my family although currently things are changing as my family is growing big and the countries economy is changing greatly and thus am forced to dig deep in my pocket so as to make sure my family's needs are meet thus am trying to expand by business and if i get my capital i will set a salon just under the same roof with the kinyozi so as to cater for the need of women by making their hair.

My Business

I operate a Barber shop by the name of kinyozi 680,it is located along Rongai-Kandutura road at Waka center-Building KAMUTU House,it is between Mang'urios shop and Njau's Tailoring shop,i offer services like shaving and applying dye on hair my people prefer my place as i am friendly and i offer services at cheaper prices than the other shops, though its much profitable as the shaving machines do not consume alot of electric power ,its becoming more challenging as more people are trying to enter the same field, that's the reason why i want to diversify a little bit and start a small salon in the same room since i have noticed that we as barbers are only putting men and young generation into consideration and forgetting the women who i think they also need to be

Loan Proposal

hi lenders i appreciate you for my last loan helped me to a great extent,the loan am applying will be used to purchase more hair dressing chemicals and some portion wil be used to fund me new boutique which i opened at soweto i hope you will fund my loan and get me to the next level ,though i will be forced to add more money as the boutique will need more stock as we are approaching festive season where more ladies require hair treats

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Dec 9, 2013

Repayment status

On Time

Projected term

24 months

Other loans

Lenders

A

anonymus

Moon, United States

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