Loan to buy stock of weaves for my salon

Mahalath

Nairobi, Kenya

15% repaid

Entrepreneur

Name

Mahalath

Member since

August 2019

On-time repayments

21 installments  •  48%

About Me

I am called mahathath awuor, i came from a family of seven siblings of which am the fifth.I did my primary school at kamagambo primary after which joined amaiko mixed secondary school where i did my KCSE. because my parents who are just a small scale farmers could not take me to college, my brother saw it better to help me achieve my dream by taking me to kisii polytechnic where am currently pursuing diploma in human resource course. i come from a luo tribe which still practice wife inheritance cultural activity as well as we are neighbors to kissii peope who do circumcise women. i look forward to help eradicate these culture which has no help to our surrounding community as wife inheritance just promote spread of deadly diseases like AIDS by sensitizing them to be self reliance by doing small business or en gauging on agriculture to carter for their daily needs so as to bring back hope to the widows and orphans.

My Business

since i did not want to overburden my brother to pay for me all my expenses an school fees, i felt that i should use my talent which i had since childhood of braiding hair to earn some cash so that at least i can reduce the amount he pays for me in school and other expenses. i do run a salon business after my class sessions . this has enable me pay for my rent and other expenses. i have made it easier to also support our last born who is still in high school as parents cant over work to get her the school requirements.

i lookfoward to make my business grow bigger so as to employ orphans and widows who have same skills as mine in order to encourage them that there is life after loosing their beloved ones and be self dependent.

Loan Proposal

I would wish to use the loan I am applying for to buy weaves which I largely use inmy salon. since buying the weaves in large quantities is much more economical I have seen it better to be having stock available in my salon premises to avoid impulse buying whenever i receive the client. apart of large scale buying it also saves time as I will not be moving every now and then to the wholesalers for purchase.

Feedback

1

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  • Sabrina    Aug 31, 2019

    Thanks a lot for repaying your loan even earlier than scheduled!

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    • Mahalath    Aug 31, 2019

      You are welcome Sabrina. I look foward to make my business grow bigger with your support.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Oct 13, 2019

Repayment status

Late

Projected term

3 months

Lenders

Mary

Germany

Stefan Koshold

Mülheim, Germany

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  • Mahalath    Jan 5, 2020

    business is down yet

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  • Mahalath    Dec 8, 2019

    my business is down as i spent most of my time on class studies

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  • Mahalath    Oct 10, 2019

    kindly advice, five days have elapsed since the loan i applied for be 100% funded. the loan has not been disbursed into my m pesa wallet, is there something wrong?

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    • Lotus Flower    Oct 11, 2019

      Hello, your Net Disbursement gets sent to you by the Staff, a/k/a the Team (whom you can see here: www.zidisha.org/team) sometime between the same day you clicked to confirm acceptance of the terms of the loan and up to two weeks after that date.

      If you haven't received your Net Disbursement after that amount of time has passed, then you would need to click on the HELP link in your account to contact the Staff to let them know.

      Good luck, and best wishes.

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    • Lotus Flower    Oct 11, 2019

      P.S.: Please note that it's a good idea to read
      the FAQ page: www.zidisha.org/faq
      "How long will it take for me to receive my loan?
      ...As we are not always able to guarantee
      immediate disbursement, we do not recommend
      using Zidisha for time-sensitive emergency loans."

      In addition to the FAQ page, the "Announcements"
      section in the Forum (both of which are posted by
      the Director) is where you can find most of Zidisha's
      policy information, including changes to policies
      that she makes from time to time.

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  • Mahalath    Oct 5, 2019

    Thank you lenders for funding my loan. I will use the loan to buy weaves which I commonly use in braiding. My salon will get a higher profit return as by buying the weaves in bulk I will be able to save more cost as well as time. Thank you once again.

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  • Mahalath    Sep 19, 2019

    kindly advice on the procedure to follow in order to get refund of my premium membership fee which i asked for through forum but admin advised me to use the help menu but on help there is no subject that allows me ask for the refund. kindly help. thank you

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    • Lotus Flower    Sep 19, 2019

      First, please read this from the FAQs page:
      www.zidisha.org/faq#borrowi... [faq#borrowing-faqs]:
      "Premium membership fees are refundable upon request up until the time you raise your next loan after purchasing premium membership. Premium membership fees are also refundable in the event that your loan application is not approved and you have not yet raised at least four times the value of your membership fee in loans. All risk payments and Members Loan Fund payments for loans applied for before December 17, 2018 are refundable upon request at any time you do not have an outstanding loan or fundraising loan application. If you choose to receive a refund for these payments, your credit limit for future loans will be reduced commensurate with the amount you are withdrawing from the Members Loan Fund for your refund. Risk payments for loans applied for on or after December 17, 2018 are not refundable."

      If you qualify, there should be a subject option available for you at the HELP link in your account to request the refund.

      If there should be, but there isn't, then please post in the
      "Borrower Questions" section of the Forum (www.zidisha.org/forums/1) to let the Director know that you need her to provide you with that subject option at the HELP link in your account, so that you would be able to create a support-ticket message to her privately, from there, to request a refund.

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      • Mahalath    Sep 25, 2019

        i did exactly what you have told me to do in the above update yet up to now i have not yet receive the option to request for the refund of my premium membership. kindly act on my request

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        • Lotus Flower    Sep 25, 2019

          Hello,

          I am not on the Staff. You have to wait for a response from the Staff, a/k/a the Team (whom you can see here: www.zidisha.org/team).

          Please be patient, as there currently are only two (2) people on the Staff, while there are over 365,000 Zidisha members (borrowers and lenders), each of whom has a HELP link in their account, too.

          Nobody has the power to help you with this, other than the Staff. Therefore, patience is required.

          Good luck and best wishes.

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  • Mahalath    Aug 31, 2019

    thank you lenders for your continuous support. i used my previous loan to buy hair food which has greatly helped me in my business as i could was my customers hair with the right shampoo of their choice and do for them blow dry with the best hair food in the market, my business has continuously grown as i have made a step to acomplish my customers wants

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  • Mahalath    Aug 26, 2019

    thank you very much my lenders for accepting to fund my loan, i have just received ksh 807 which am yet to use to buy hair food/hair oil which i will use in my salon business during blow dry as well as applying to my customers after washing their hair. Am very much greatful.

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  • Mahalath    Aug 25, 2019

    thank you my lenders for your previous support to uplift my business by granting me a loan. i used the loan you gave me to buy hair washing shampoo which has greatly helped me since most of my customers does not prefer being washed with ordinary soap,atleast i did made to increase clients attending my salon stall. thank you very much

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  • Mahalath    Aug 18, 2019

    thank you zidisha very much for accepting my business proposal as granting me a loan. i am going to refabrish my salon stall with the money i received after adding more to it. thank you for your kindness.

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