Entrepreneur
Name
Elizabeth
Member since
February 2020
On-time repayments
52 installments • 60%
About Me
My name is Elizabeth Alex. I am a married mother of 3 children aged between 10 and 3 years. I was born in Kitui - Kenya and I spent my childhood years in school while at the same time helping my parents with their daily chores. I would occasionally help them in their farming activities.
I got married shortly after finishing my secondary school education and I now live in Mombasa with my family.
My Business
I run a beauty parlor in my estate where I offer a wide range of services such as hair care, pedicure and manicure. I have been running this business for the last 5 years and I have watched it grow by leaps and bounds.
I serve about 10 clients daily. I use the income to run my family budget.
Loan Proposal
I have planned to use this loan to buy stock for my beauty shop. I will invest in fast moving items which I will be selling as a retailer and using the same to attend to my clients. I will buy items like body lotions, hair shampoos and artificial hair - all which are very popular with the masses.
Since the products move fast, I will be able to use the proceeds to repay this loan and use the profit to grow my business.
Thank you.
Income Source
My country Kenya is now almost back to normal - thanks to declining Covid -19 cases. As such, I can only see growth more so when we approach the end of year. I am also counting on my husband's support in case things go south.
My Videos
Jan 30, 2021: Me at work
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Loan Info
Project Type
Classic Loan
Disbursed amount
$182.00
Date disbursed
Oct 8, 2020
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Washington State, United States
United States
Germany
Germany
United States
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