Name
David
Member since
October 2012
On-time repayments
11 installments • 0%
I am a father of five children, all are in primary school. I live in Kiambogo trading center, plot number 23. My occupation is a barbering and salon also I am also a member of Elementaita interdenominational pastors fellowship, I have a general knowledge, I have completed my high school education also I have undergone bible study.
I started a business of a kinyozi after completing my course in hair and design. I am expecting to purchase more and newly and modern machine especially for a salon, also I will purchase cosmetic and material for making hairs for young ladies.
My business is Barbering and salon.
My business is Barbering and salon. They is a lot of demand a someone who know outcomming hair design, and also so many people here rely on kinyozi for shaving their hair.
In Kiambogo there is few salon thus I my able to catch more customer. The business will be profitable because it reduce expenses thus the only expenses is only paying electrical bill. The risk facing the business is only power rationing during the rainy season which hinders the business to continues,
My typical monthly cost is khs 45000, sale revenue is around ksh 20000 and profit is above 15000 but I am planning to earn more.
I want to use my loan that I will get from Zidisha organization to improve the status of my business by giving more quality services. This will involve employing one more qualified barber in the barber shop and a salon attendant in the salon. With this I will be able to serve more customers and also offer more quality services to them. I would also like to refurbish my business with the loan. This will attract more customers in the business.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$495.00
Date disbursed
Nov 17, 2012
Repayment status
Late
Projected term
12 months
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