Inventory for my salon business

Millicent

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Millicent

Member since

September 2017

On-time repayments

36 installments  •  100%

About Me

I am an energetic young woman who undertook both my primary and secondary education in kisumu then moved to juja where I attained my bachelors degree in statistics from JKUAT.Was raised by a single parent but strived hard and studied well to get to where I am.Where I live there is neighborliness,people live as one in the community.I love reading novels and travelling.

My Business

I do data entry for various farmers in the community approving all the services done and monitoring how the cane they plant develope over time.The data entered is later used to assess usefulness of a farmer and productivity of the various lands and this sources my income.The revenue I get is used to facilitate my daily uses and remainder in various business ventures.

Loan Proposal

This loan will be used to increase the salon's inventory by purchasing necessities like an electric hair blow dry that goes for $25,a hair dryer that costs around $90.This items are necessary for the various hair needs that clients require in the salon.The addition of these items into the premises would result in the employment of an extra hand as more clients are expected to stream in since with these additional items almost all their hair needs will be catered for and as a result i expect more profit from the business which will encourage expansion.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$115.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

5 months

Lenders

U

uovobw

Reggio Emilia, Italy

Sundstroms

Falun, Sweden

HCPSPIRIT

Helsinki, Finland

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

B

Ben

United States

BR

Brian Rickman

United States

Anke Baltussen

Utrecht, Netherlands

CL

Chris Lee

United States

James Liao

San Francisco, United States

CP

Cara Peterson

United States

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  • Millicent    Jul 22, 2018

    Current business profits are quite low.

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  • Millicent    May 31, 2018

    The cash flow in the business is currently low.

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  • Millicent    Mar 5, 2018

    I would like to thank my lenders for trusting me with the loan of kshs 11158 which I will use to buy a hair dryer and some hair extensions to be used in the salon.Thanks again.

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  • Millicent    Mar 1, 2018

    I would like to sincerely thank the lenders for the loan.I will use it to add my salon inventory by buying a hair dryer which will in turn result in an increase in the number of clients I will have in the premises whose end result would be increased profits.

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  • Millicent    Feb 2, 2018

    Its the season of love,happy new month.

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  • Millicent    Feb 1, 2018

    I used the loan to buy salon supplies for a start.The salon has grown consistently over the month and the profit i get from plaiting my customers and selling the hair supplements like braids,weaves and hair oil is pumped back into buying more stuff for the salon.Over time i have managed to employ a helping hand each time the customers are too many for me to handle.
    It is a season of love and i am looking forward to this year's valentine as my elder sister and her fiance have plans of celebrating their love this month during valentine and i cant wait to be part of the event as my salon expertise would come really handy in dolling her up as a bride.

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  • Millicent    Jan 29, 2018

    Hello,I would like to give heartfelt thanks to Zidisha for the trusting me with their money which is helping me develope myself businesswise.The salon is doing well and growing quite significantly.

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  • Millicent    Jan 1, 2018

    Thank you for the loan of 8100..I used it to buy some salon supplies to be used in my salon business.Thank you

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  • Millicent    Dec 22, 2017

    Thank you for the loan looking to invest in the salon business to generate some revenue.

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  • Millicent    Dec 7, 2017

    The loan was used to finish off my tuition fee as the semester was ending.Am now home looking forward to a great festive season.Churches have started practising for various Christmas charols to be sang during plays on the 24th of December.Young children are excited about dressing up for the holiday and most folks have travelled upcountry to share this festive season with various family members.

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  • Millicent    Nov 19, 2017

    I am very thankfull for the loan of 4050 that I received.I used it to buy stationary to facilitate my studies..thank you so so much

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  • Millicent    Oct 22, 2017

    Thank you so much for the loan.This loan will help me buy an extra mathematical book to facilitate my study.

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  • Millicent    Oct 16, 2017

    I can pay more than initial instalment amount.

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  • Millicent    Oct 9, 2017

    I am thankful for the loan of kshs.1157.I used it to buy some learning material to facilitate my studies...Thank you so much.

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  • Millicent    Sep 27, 2017

    Thank you so much for the loan it will be quite useful in buying some mathematical books

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