I will use the money on my beauty parlour

Elizabeth

Kayole, Kenya

100% repaid

Entrepreneur

Name

Elizabeth

Member since

February 2014

On-time repayments

39 installments  •  62%

About Me

My Name is Elizabeth Wavinya, a graduate with a degree in community development by profession.I am also a professional sallonist who owns and runs a beauty parlor.I train and employ youth on matters concerning beauty and saloon.So far i have trained more than 100 and i have 10 whom i have employed in my beauty parlor.I wish to use this platform to get finances to expand my training facilities and create employment for the youth.My MAIN DRIVE IS TO HELP CREATE EMPLOYMENT FOR THE YOUTH AND ALSO TRAIN THEM ON HOW TO BECOME SELF-EMPLOYED SINCE JOB OPPORTUNITIES HAVE BECOME SCARCE.YOUR PLATFORM WILL BE OF SUCH A GREAT HELP TO ME .THANKS.

My Business

I run two businesses offline, a beauty parlor whereby i train the youth on matters of beauty and salon .I also run a boutique where by i have specialized on selling ladies and children clothes.On a monthly basis, the businesses generates an income of 500 USD after deducting all expenses.This is after i have paid my employees and all other expenses attached to it.I have created employment for about 10 young people who assist me on the beauty parlor and the boutique. I have helped 10 youth among the ones i have trained to start their own salons.
I intend to use the money to expand my training facilities that i may train more youth, and also to add some stock on my boutique.In addition i will also create more job opportunities for the youth.Also to help others begin theirs businesses.
Thank you.

Loan Proposal

I intend to use the money to expand my saloon and my training facilities.This will enable me to accommodate more students thus more income from the expanded trainings.This will ensure an even greater ability to repay the loan.I also intend to expand my saloon or get a greater space in order to accommodate more clients thus more income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 7, 2014

Repayment status

On Time

Projected term

2 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

D

drjofleming

UK, United Kingdom

L

Lemon

Switzerland, Switzerland

C

Christine99

Vancouver, Canada

Wiredfox

Macclesfield, United Kingdom

Sarasota

Sarasota, Fl, United States

A

ATMiller

United States

DrSky

Waterloo, Canada

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