Entrepreneur

About Me

Im called Abraham Tsofa Mwambalu I live in Mwakwala sub-location Bamba location in Bamba Division Kilifi county,my house is found along Kaloleni Bamba road,our destination point is Nzovuni Pefa church stage,when you board a matatu at Kaloleni town ask to be dropped at the Nzovuni Pefa church stage and go towards the western side direction a way leads to SHakahola village a distance of five hundreds meters,ask a famously known old man POLA FUNDI you will find me in this home.Im a babar,I cut people's hair.I'm a class eight leaver,could not go beyond this reason was finance and critical poverty,and for this reason decided to open this hair cutting business at our home area and found that the business was earning my good money expanded it and opened another shop currently have two shops.Major reason sa to why I started this business was to earn a living and to improve my life.I do purchase the following items with the earnings from my business:spirit,dustbin,clothes used during cutting,water,combs,heater,razor blades,cotton etc also buy food for my brothers,clothes,water,vegetables e,pay for school fees etc I hope to expand my business and open many barber shops all over Kenya.

My Business

My business is hair cutting.In this business involves cutting people's hair by using special blades to styles.This service provides the use of combs and the blades to attain the required style.There is high demand of this service in that it is part of cleanliness and people needs to keep themselves smart and clean.My customers prefer to my business in that Im faster and competent in my work.The business is profitable in that one head costs ksh:75 and can do 15 heads and electric charge expenditure per day is ksh:40,risks that face my business are poor roads and water.My monthly income is ksh:33000/= and my monthly expenditure is ksh:17000/= and my profit is ksh:16000 of which I can repay Zidisha loan without any problem.

Loan Proposal

I will use the money in reparing the current equipments so that they function well,by so doing will increase the performance of the machines and will attract more customers.Will also buy some ointments for finishing that is after cutting the hair,this also is a good additive in this business as it modifies the profession and attracts more customers.Finally will advertise my business well in the area so that those that do not know its locality and the services it provides may be aware of.

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