School fees for final year of business administration degree

Rose

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Rose

Member since

April 2015

On-time repayments

129 installments  •  24%

About Me

My names are chepkemoi njuguna from limuru town am a second born member of a family of three i got my dad, my lovely mum and my only sister.
Am studying business administration at lit college in limuru and i love beauty so much i own a small saloon at limuru town and the funny thing is i began this saloon with my pocket money i believe in savings and when i was in first year i started saving small amounts for clothes then after i asked my self, what if i save and start a business? i wouldn't have to keep borrowing money from my parents so while in second year i set my new years resolution to be to save 50 thousand ksh for start up of a salon and last year is when i managed to get the target amount and without thinking twice i began my saloon,
I go to class for two hours in the morning and at ten i open my saloon and this is how i manage my life surpport my familly and basic needs

My Business

My lovely business is a small saloon operating from 10 am to 7 pm in the evening at limuru stage ,i offer manicure,pedicure,hairdressing.foot massage,braiding ,lipstick application and generally all it takes to be beautiful.
I sell waives and naturally hair along side cosmetics,i chose this business out of love and passion.
I began training as a saloonist after i finished primary school and while in high school i used to help my friends with making their hair.
My cost are basically stock of cosmetics which i give it a capital of 400 us d and my service fee varies from hairdressing to blow dry and many different kind of service as per the customers need.
i make almost 15 USD a day (90 ksh per USD) and use it to reinvest in my saloon and basic needs alongside helping my family.

Loan Proposal

Beautiful people and lenders am great full to have joined zidisha
As i stated early i own a saloon where i do many kind of services and this is where i get my daily bread and again am on my final year taking a diploma course in business administration, i have paid my fee up to half year and i still have a balance of 280 us dollars.
So if i get this loan of 100 us d after the deductions fee and registration i will remain with around 60 us d.
This money i will sum it to my savings and clear my school fee then i will pay it slowly with my saloon profits and after i clear this loan i will then be able to invest further in my business.
My dreams is to teach other girls who have interest in knowing beauty and make them the best saloonist in my area.
Thank you so much please help fund me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 6, 2015

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

E

E

Marin county, United States

I

idris

United States

Tanya

Nelson, New Zealand

Wendy

Los Angeles, United States

K

K

United States

Ask Rose a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Rose    Feb 1, 2016

    this is temporary so that i can pay an amount that i can raise at the moment.

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  • Rose    Oct 26, 2015

    thanks for the loan i nopw wish to add more stock with some cash i made last week my saloon is now bigger in services.

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  • Rose    Oct 2, 2015

    hallo lenders i received 20,999 kenya shillings this amount will change the look of my my sallon i willbuy a new hair dryer and do some renovations with savings i have. Thank you.

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  • Rose    Sep 30, 2015

    I send my greetings and lots of appreciation for funding my loan.God bless you. I will keep you upto date on how will use the money.

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  • Rose    Sep 16, 2015

    Would like to appreciate for the loan since i was able to clear my semister fees for i will be ablle to sit for my final exams.
    Am now pushing my funds and profits towards exppanding my saloon.
    thank you.

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  • Rose    Sep 12, 2015

    All lenders this is a closer look of my friend in my saloon, Am doing good and bussiness is also doing great thank you for the loan offered it helped me pay my school fee.

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  • Rose    Jun 8, 2015

    Thank you lenders for your understanding have felt sick of malaria last week but am now rfelling better.
    am sory for payment reduction please uderstand.

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  • Rose    Jun 8, 2015

    Am unable to pay this weeks loan due to unexpected illness which made me close my bussiness please let me reduce my payments but as soon as i resume to my normal work i will pay the loan on time.
    sory for the inconvinience.

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  • Rose    May 18, 2015

    I fully paid my school fee with the loan you offered and am now working hard to see my saloon increase profits.thank you so much i will pay the loan and now i will be able to study without too much pressure on where to get the fee.

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