Loan to buy an extra seat and mirror for my barber shop

Emmanuel

Kitale, Kenya

16% repaid

Entrepreneur

Name

Emmanuel

Member since

October 2017

On-time repayments

73 installments  •  10%

About Me

Am Emmanuel Wekesa born in 1996 in Transzoia county Kitale town, I am the first born in a family of 4,I was raised by a God fearing family where i went to kitale academy for my primary school and joined st. teresas boys school. Due to lack of fees i worked in farms to raise money to join driving school where i got a driving licence.

My Business

I have a business of barber shop and i also operate a taxi business during the night in weekends in barbershop i earn atleast ksh 15000 ($ 150) per month and the taxi business gives me around ksh 5000 ($50) per weekend. I use my profit to pay fees for my siblings and to support my parents.

Loan Proposal

Hi lenders I would like to kindly request for a loan to buy an extra seat and mirror for my barber shop since I currently have one and customers have really increased. I am requesting for a loan of ksh 8853 ($89) that I will use as follows :

Seat - ksh 5000 ($50)
Mirror - ksh 2000($20)
Transportation - ksh 1900 ($19)

If I raise that amount my profits will increase with 30% . Thank you all in advance as you fund my project.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$87.00

Date disbursed

Mar 29, 2018

Repayment status

Late

Projected term

15 months

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