Increasing stock for my saloon bussiness

Catherine

Mombasa, Kenya

22% repaid

Entrepreneur

Name

Catherine

Member since

March 2017

On-time repayments

110 installments  •  59%

About Me

I am 20years old and finished my high school in 2010. After finishing high school i had to look for ways for survival. This is because my parents had no money to take to to college so i started to think of ways in which i can survive, i started washing cloths for my neighbors where i got some little in come and started saving until i got some good money for me to start my own business. Before i started that business i had to sit down and think of any profitable business and that of the saloon pops out. And with my passion and knowledge of plaiting i decided to start the saloon. My land is very fertile and good for agriculture and that one thing i love so much about it. I currently don't have any children but soon hop to get some. i like traveling, Adventure, listening to music and making new friends

My Business

I operate a Solon where i do manicure, pedicure and other services i also sale beauty products. I choose this kind of business because its very marketable as most ladies and women must every day make there self beautiful. This business gives me a monthly income of around twenty thousand shillings. the profit i get from this business i re invest it.

Loan Proposal

Hello lenders First i want to thank you for the previous loan as it was a successful to me. The loan i want you to assist me is to stock my saloon business as i have a great opportunity of serving more customers. I want to stock my saloon with more beauty products which will cost around 350usd and i assure you this will have a direct profit for my business. It will enable me to live a more good life and prevent me from depending from people because i believe in woman empowerment. With this type of business my business will increase its profit from around 200usd to around 300usd per month. I just want to thank you my lenders in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$321.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

45 months

Lenders

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