Entrepreneur
Name
Kwamboka
Member since
May 2014
On-time repayments
53 installments • 94%
About Me
I opened a beauty parlor and jewelry shop of $300, since Kisii University was started as a constituent college of Egerton university. This idea hit my brains as jewelries are really used by the university students of which high population is of youths, who beauty treatments are part of them. I have been struggling mostly to provide the jewelry and the loan would really help me. Jewelry are usually at high demand as customers come and at times come and leave without getting their type.
My Business
It was a great opportunity for not only me but many other enterprenuers, since the starting of the university. I hope to make the business bigger and even open another branch as the university is rapidly growing as by now its iso-certified and the population is increasing, hence more demand for goods and services.
I provided services of beauty treatments such as making hair, nails and make up done. There also different types of jewelries such as rings, bracelets, necklaces among others. I make a profit of $10 weekly. If given the loan, I will use it to buy more jewelry and of different quality and improves services, whereby I would have beautician who offer more services than the existing. I am sure that your help will really help my business grow and also provision of better and services and goods to the customers.
The loan will help me provide different types and qualities and also improve services which are on high demand. The business has provided my colleague and I a job and with the help which will lead to its growth would lead to more job opportunities. Kindly consider lending me the cash as it will help me and my colleagues financially and the customers in better goods and service provision. Recently, I was funded about $50 by zidisha which assisted me to improve the stock. I have already repaid the amount and look forward for further funding.
Loan Proposal
Dear lenders, I consider you more like a family than sponsors. I recently borrowed from Zidisha community a loan of $50 which I have already repaid. I must say that however small the amount was, it helped me improve my stock which initially had been consumed by my baby's demands. Now that I look forward to stocking my shop and even open other branches in the future, I am proposing to be funded again with $150. They will also be used to stock my shop since the demand is still high. I am working to saturation point where the demand and supply balances before thinking of opening other branches. You trusted me as a newbie and hope you will continue with the same spirit. Thank you in advance and promise not to let you down.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Aug 22, 2014
Repayment status
On Time
Projected term
3 months
Lenders
Austin, United States
Maputo, United States
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