Entrepreneur
Name
Veronicah
Member since
September 2015
On-time repayments
66 installments • 74%
About Me
I am the second born in a family of six children,four boys and two girls,I schooled at bethel academy where I finished my primary school and joined rirumi secondary school where I finished form four year 2009.2010 I was employed as a shop attendant in selling powersaw spare parts,I was married to Duncan muya on 2011 dec.l year later we were blessed with a baby boy.In my employment period I got a chance to interact with different people from different ethnic groups where I saw life in a different way.Because of our unique culture that we believe in self employment I decided to start my own business.
My Business
I started my business in the year 2014 from the savings i had from my employment,i started a cosmetic shop containing;weaves,perfumes,braids,weaves and braid sprays.The cost i always face is shop rent of 5000 per month and 4000 KES yearly revenue.This cosmetic job has really helped me, because i can feed my family and still add stock,i can do all this from the profit i make.
Loan Proposal
Describe what you will do with the loan in at least 200 characters
I want the loan to buy items to use in my salon like dryer costing Ksh.10000,a blow dry costing Ksh.6000,a heater costing Ksh.3000,a sink costing Ksh.3000.This money will help me because for every customer coming will buy from my cosmetic shop thus making more profit and it will created job opportunity. For every customer coming for her hair to be braided it will cost Ksh.500,I will pay the employee Ksh.200 making a profit of Ksh.300,if five customer come per day I will make a profit of Ksh.1500 per day and per month Ksh.45000 which will help me pay the loan and other expenses like electricity bill and rent which cost Ksh.5000 per month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$301.00
Date disbursed
May 8, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
United States
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