Buy washing machine & blow dryer and hire barber for salon
Mary
Kiptagwanyi Center, Kenya
51% repaid
Entrepreneur
Name
Mary
Member since
February 2013
On-time repayments
92 installments • 75%
About Me
mary nyambura mwangi is a mother of five children who are age between five and 12 year.i live in kiptagwanyi center which is about 43 kilometer from nakuru. i was born in kiambu district which is the one of 47 county in Kenya .i started my education in 1990 in kiambuu day school and complete primary education in 1998. i didn't join secondary because my parent could not afford to pay because of the poverty around our family. in 2000 i was married by my husband who we were bless with this children.my husband was having hide and skin business till today is his job ,if you ask any body about a person who buy skin and hide you will be shown by anybody in this area.i started this business after we discuss with my husband about me having a business that will also support my family.
My Business
my business entail in posho mill and a small shop. i started this after my husband and i discuss how i can be doing to help her in family need.this business is profitable because at this area many people depend in maize flour to make local food called [ugali] which is the local favorable food.many people prefer my business as i have also have a shop where she or he can buy salt or sugar for the family.many old mothers prefer my service because even if she don't have money i help them so that after getting money, she can repay me back.the main challenge is high cost of electricity, poor road communication between villages, high cost of living
Loan Proposal
I know what it takes to become a successful entrepreneur. even successful entrepreneurs did not just wake up and became rich at once, at least they worked hard towards achieving it, That is exactly my target.
Am here again for my second loan,after successfully using the first one, I believe you will find time to fund me again so that I further restock my premise. This time round, I want to buy one washing machine and a blow drier. and the remaining I also want to add a Barber within my premise. This has been triggered by high demand of young people who come to shave their hair and others accompanying their peer who always find no Berber in my premise. I will employ one person to help me in Barber section. Kindly purpose your time to go through my proposal and fund me. I promise good results
Breakdown:
swinging chair..............2 @ 22000
Washing Machine............1@ 12000kes
Shaving Machine..............2@7000kes
Loan to be raised.......................37824Ke
The remaining money, I will save it in my savings account at the bank . I will really appreciate if you Fund my proposal.Kind regards,
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Loan Info
Project Type
Classic Loan
Disbursed amount
$414.00
Date disbursed
Mar 30, 2015
Repayment status
Late
Projected term
9 months
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