Loan for blow-drier

Jully

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jully

Member since

October 2017

On-time repayments

24 installments  •  79%

About Me

I was born in a family of 18 (polygamous family),schooled in a public primary,excelled but lacked fee for high school,sort well wishers and i was assisted through my high school education. After excelling from high school i applied for government scholarship and it funded my university education. Due to unemployment i opted to open a Salon in a nearby shopping center to at least carter for my needs and even support my siblings.In my locality people do not have business mind sets and therefore more business opportunities are available which not been explored.My sons says he wants to be an Engineer when he grows up. When free, i visit orphanages and the needy in the locality.

My Business

I run a salon which was the best opportunity i spotted since there was no other salon in the same locality,and yet there were many ladies who needed the services.The costs are one time and expensive since they involve high cost equipment.However,the profit margin is attractive.The profit i get goes to home basic needs and also use a portion to support the needy in the society

Loan Proposal

I will use the loan to purchase a blow-drier which will help me provide blow dry service to my customers. This will attract more customers who may need the services and also enable my business efficiency and reliability

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$57.00

Date disbursed

Nov 1, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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