Name
Jully
Member since
October 2017
On-time repayments
24 installments • 79%
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.
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
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
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$57.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
5 weeks
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Margaret May 30, 2018
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