I will buy chairs, blowdryer, etc.

Rehema Mammy

Bombolulu, Kenya

49% repaid

Entrepreneur

Name

Rehema Mammy

Member since

January 2015

On-time repayments

282 installments  •  22%

About Me

Hi My name is Rehema Ramadhan. I live at bombolulu with my family. I did not finish my education because of lack of school fees. I left in form two and had been staying at home until a friend introduced me to Zidisha. I have had two loans from Zidisha which I fully paid and I am now the proud owner of Mammy Salon. Were it not for Zidisha, I would not have gone that far.

My Business

When I get this loan, I am going to diversify by buying a small refridgerator for Kshs.15,000.= and stocking it with mineral water, soft drinks (e.g. coca cola, fanta, sprite), milk and fresh juices. These will cost Khs.10,000/=

I will also buy earings, bangles, hair bands etc. at Kshs.7,000/=. With Kshs.4,000/= I will buy stocks of hair pieces and weaves. I have lots of customers who are always asking for these items and I am sure, they will bring a lot of profit together with the profits from the salon.

I promise to repay each and every single cent as I have always been doing. Long live Zidisha and continue with the great work you are doing.

Loan Proposal

If I will get this loan I will buy some items that I was waiting for and I was thinking to look for a girl for helping me because my work is now good and I don't want to lose my clients,like 4chairs that is 38.61$,two blow dry that is 65.57$,this I can't like one year because it is a good quality, treatment two containers that is 9.65$,hair relaxer this is 16.41$two containers for natural hair,my profit is 8.20$per one client, oil two bottles that is 8.69$ the profit of this is include of the person who I will make her hair with relaxer, tawels 10pieces of tawel is 19.37$ this I use when I make client's hair, spray three bottles of hairspray that is 17.37$this is if I finished to make client's hair I used to spray her hair the profit is5.79$.shampoo two bottles of shampoo is 13.51$this I use to wash client hair profit is 1.93$.weav 4pairs of weaves this is23.17$ this is something that mostly clients are complain a lot about the price but I have to buy it because some of them thy come and buy from me its not easy a client to make weav in my salon because of price but athers they use to buy it the profit is 1.93$.braids 24pieces of braids is 18.53$,qutex ten bottles of qutex is 24.14 the profit is 0.77$this is for nails. Remover fivebbottles of remover is 9.65$ this is include of qutex because I can't make with one item thy must be both, and I will add two mirror that is 3.61$ this I will for long the is the more clients come is the my mirror will be clean that is my profit. I really have big step all because of you team zidisha and I have big dream and I hope to you zidisha you will be with me till my dream come true, I promise to pay any amount of coin on time thank you zidisha and God bless you.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$355.31

Date disbursed

Mar 6, 2017

Repayment status

Late

Projected term

42 months

Cost to entrepreneur

Service fee: $15.01

Rehema opted to pay $16.24 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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