Loan application to buy a drier for my salon

Elizabeth

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Elizabeth

Member since

August 2014

On-time repayments

54 installments  •  72%

About Me

I am a young lady trying to venture in this entrepreneurial world. i have been trying different business ventures such as selling households among other ventures. Am a persistent business person and i have been surviving through such since i stopped depending on my parents. i have had a passion of business since i was in high school and i have a very great hope of succeeding and becoming a well known business person and an example to the young and upcoming entrepreneurs.

currently, am operating a cosmetic shop at Kilifi town which is doing quite well. i have been pursuing a cosmetology course which am about to complete in a few weeks time and intent to expand my cosmetic business by starting a salon.

My Business

I am a business person operating a cosmetic shop at Kilifi town. i depend on that business for my upkeep and find it quite comfortable with me since i started the business.

Having studied a cosmetology course, i feel that i can expand my business by starting a salon and this will hopefully increase on my income from the venture. the business has been doing well despite the challenges of competition which i believe are normal in this world of business. i have also faced the challenges of funding the business but this has never been a reason to make make stop being a business person. i have always looked for all possible alternatives to compound the above mentioned challenges. i hereby request the zidisha team to grant me a loan which will enable me finance my business and increase the profit margin. i will highly appreciate the support and agree to comply with the zidisha terms and conditions in repaying the loan if granted to me. thank you in advance.

Loan Proposal

I have applied for a loan of the stated amount above to buy a drier for my salon. I have a salon business at kilifi town which has been doing quite good. However, i have been observing other people who hav similar business and noted that during December holidays, they have been experiencing floods of customers. Having noted this, i wish to expand my salon so as to cater for the anticipated increase in the number of my customer during the December holiday. Its my hope that my loan proposal will be responded to and am looking forward for a positive feedback from the lenders

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Nov 10, 2014

Repayment status

On Time

Projected term

3 months

Lenders

investor

Candiac, Canada

D

drjofleming

UK, United Kingdom

HE

help each other

Glasgow, United Kingdom

ads68

Melbourne, Australia

Matching Fund

Sterling, United States

johnhudson

Washington, DC, United States

Ahadi

France

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