Entrepreneur
Name
Elina
Member since
October 2012
On-time repayments
11 installments • 9%
About Me
Am Elina a resident of malindii kisumo ndogo,am single with one baby girl who is at st kelvin malindi.My occupation is a salonist in malindi,istudied upto form four at ribe girls in 1993.i stated this business about 10 years back and i have been able to grow it all along.i will use the earnings to buy more gadgets for my business and expand it.in my second loan with zidisha will be used to expand this business to some other areas within coast.
My Business
I run a salon in malindi.Gross kshs 24,000.expenses of kshs 10,000.The balance can be used to pay for my loan.Demand is high to the female male ration which is 8:2 with most of this place having many ladies than men and therefore makes it viable for profits.Competition is there but i use good customer care skills to attract and win over others.
Loan Proposal
I run a salon in malindi town.i spend the loan to improve my business by buying blow driers which will cost me kshs 15,000.I will also use kshs 15,000 to buy a television set for my customers.i also intend to add my stock of hair chemicals with kshs 8,000.The balance shall be sued to cater for transport.This shall enhance my work and improve on the profits earned.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Nov 21, 2012
Repayment status
Late
Projected term
12 months
Lenders
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