Loan to buy a new blow drier

Salume Auma

Migosi, Kenya

3% repaid

Entrepreneur

Name

Salume Auma

Member since

September 2015

On-time repayments

209 installments  •  3%

About Me

I am a born again christian,and aged 24 years and a mother of two. I joined ezra primary school and st johns secondary school ,I dropped on my third for lack of school fees and joined kisumu polytechnic for hair dressing and beauty course and graduated a year later with certificate.
the major huddle I faced when starting my saloon business was lack of capital,I had to take a loan from Shylock at 25% interest for six months . I struggled and manged to clear the loan but it was not easy. the business is now running well though I am looking for money for expansion and better equipment.
My child wants to be like me when she grows up,she loves me and loves what I do. i read novels ,the bible and sing gospel during my free time.

My Business

I provide beauty services, like manicure,pedicure,face scrubbing,blow drying, weaving etc in my saloon.
the demand for my services are high because of good quality work to my clients.
I choose these business because of my passion in the beauty sector.my montly typical cost are $150 and my monthly revenues are $400 per month. I use my profit to support my family and reinvest in the business.

Loan Proposal

Helllo lenders, I seeking for a loan to help me buy a blow drier after my blow drier broke down last week..my services to customers have stopped and i wish to reinstate them immediately with no further delay. I good blow drier costs $200 and I have $120 that I would top up the loan with. God bless you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.04

Date disbursed

Sep 29, 2015

Repayment status

Late

Projected term

48 months

Cost to entrepreneur

Service fee: $8.26

Salume opted to pay $58.13 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

P

phoebius

Cambridge, United Kingdom

mepster

San Francisco, Ca, United States

Haim Si

Mexico, Mexico

MW

Matt Willis

United States

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

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