Loan to buy a shaving machine

Entrepreneur

About Me

My names are Mogire Yuvenalis I was born in a less privileged society where I struggled to go theough school but I managed to finish form four. I worked in the tea estates where I saved some money to start a barber shop. Here my customers are mainly students from Mosoriot college.
I am married and have three children whom am caring for and educating. They are sharp kids that I look forward for them to be very important people in society in the future.

My Business

I own a small barber Shop commonly known as Kinyozi I shave mainly college students from Mosoriot teachers college and locals. I make averagely Usd 300 per month. This business is ideal for this area because of the clientele of college students who prefer to be smart always. With the little earnings I am able to pay my bills and take care of my family.
My main bills here are house rent and power bills. I look forward to expanding this business and employing more youths from this locality to help me in this business.
Thank you

Loan Proposal

Due to increase in number of customers I intend to purchase extra shaving machine to help in serving my customers well. A new machine costs USD 48 I wish to buy one machine and maybe engage an extra employee to help in shaving. This will reduce time spent waiting to be shaved. I will be able to maintain my customers since they will be served well in minimal time. My turnover will improve and I will be able to pay my bills in time and improve the living standards of my family.
I thank you lenders for your continued support and look forward to working with you more.

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