Loan to buy beauty cosmetics for sale
Margaret
Kombe Village, Kenya
100% repaid
Entrepreneur
Name
Margaret
Member since
February 2015
On-time repayments
51 installments • 55%
About Me
I was born in Ogongo Village of Mbita Sub County in Lambwe Valley. My father had one wife and both my parents were peasant farmers. I joined Waringa Primary School and sat for my Kenya Certificate of Primary Education (KCPE) in the year 2002. I passed very well but could not continue with my secondary education due to lack of school fee. I therefore joined a Beauty and HairDressing Course in Mbita Town.
I got married in the year 2004 as a second wife to the late Johana Omuoso. Our marriage was blessed with two sons (Johana Omuoso - Jnr and Bernard Omondi). I am now a widow and the one educating and taking care of the children. My first born would like to be an Engineer and the last born a Teacher.
I started my business in 2012 after the death of my husband. I like visiting and helping the needy in the society.
My Business
My Saloon business is a fast-growing Hairdressing and Beauty Shop. It's situated in a very strategic location and I do attend upto four clients in a single day. There's demand for hair make-ups and saloon is a fast-growing business in Mbita Community. I love helping people and this business provides me with an opportunity to help people especially women in my community. Since I am living with HIV Virus, the business serves as a very good platform to pass HIV protection and care messages to clients in my community and it's helping to minimize the risk of new HIV infections as I serve as an advocate myself. In a good day I can make upto Ksh 1000 from the business and this is what I use to buy food and pay school fee for my children.
Loan Proposal
Having received a loan of KES 3,134 from ZIDISHA that helped me to buy hair dressing products, am now seeking a loan of KES 7,517 to buy more beauty cosmetics for sale in my beauty shop. The products are n high demand and I will be able to increase my income by 30% and increased profit will be used to repay the loan and support my two kids in primary school.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$82.00
Date disbursed
Apr 4, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Munich, Germany
Summary
Amount repaid
$86.57
Amount remaining
$0.00
Date repaid
Jul 19, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 12, 2015 | $12.37 | Apr 15, 2015 | $12.22 |
| Apr 22, 2015 | $0.14 | ||
| Apr 19, 2015 | $12.37 | Apr 22, 2015 | $7.87 |
| Apr 25, 2015 | $4.50 | ||
| Apr 26, 2015 | $12.37 | Apr 25, 2015 | $1.22 |
| May 3, 2015 | $6.33 | ||
| May 22, 2015 | $4.81 | ||
| May 3, 2015 | $1.63 | May 22, 2015 | $1.63 |
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $5.56 | May 23, 2015 | $5.56 |
| Jun 7, 2015 | $5.56 | May 23, 2015 | $0.78 |
| May 25, 2015 | $4.78 | ||
| Jun 14, 2015 | $5.56 | May 25, 2015 | $5.56 |
| Jun 21, 2015 | $5.56 | May 25, 2015 | $0.78 |
| Jun 4, 2015 | $4.78 | ||
| Jun 28, 2015 | $4.44 | Jun 4, 2015 | $1.00 |
| Jun 10, 2015 | $3.44 | ||
| Jul 5, 2015 | $3.33 | Jun 11, 2015 | $3.33 |
| Jul 12, 2015 | $3.33 | Jun 11, 2015 | $1.11 |
| Jul 17, 2015 | $2.22 | ||
| Jul 19, 2015 | $3.33 | Jul 17, 2015 | $3.33 |
| Jul 26, 2015 | $3.33 | Jul 17, 2015 | $2.78 |
| Jul 19, 2015 | $0.56 | ||
| Aug 2, 2015 | $3.33 | Jul 19, 2015 | $3.33 |
| Aug 9, 2015 | $4.50 | Jul 19, 2015 | $4.50 |
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