New hair shaving machine for barber shop
Michael
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
August 2015
On-time repayments
114 installments • 18%
About Me
am a firsborn in a family of three, an O-level holder and a barber.
Being a barber is a talent that am proud of and during my school days i could shave my fellow students to raise my pocket money and still have little to spare.
With this little savings i was able to set up a barber shop after school.
My hobbies entail reading novels, listening to music and watching football.
My Business
My business entails shaving people at a fee.
Most people believe that having short hair or no hair is a keen to being smart.
My job is to help them achieve this
My typical costs include;
rent- $80
electricity bill-$20
county licence-$30
My revenue usually averages $270
I usually use the profits for my upkeep and purchase of new equipments.
Loan Proposal
With this loan i shall purchase a new hair shaving machine worth$77.
This will improve my business' efficiency and also ensure reliability.
This will enable the business to be able to serve more clients.
I project an increase in profits by atleast 5%.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 16, 2015
Repayment status
On Time
Projected term
17 months
Other loans
Lenders
Summary
Amount repaid
$156.74
Amount remaining
$0.00
Date repaid
Jan 4, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 27, 2015 | $10.00 | Sep 28, 2015 | $10.00 |
| Oct 4, 2015 | $0.00 | ||
| Oct 11, 2015 | $2.00 | Oct 19, 2015 | $2.00 |
| Oct 18, 2015 | $2.00 | Oct 19, 2015 | $2.00 |
| Oct 25, 2015 | $2.00 | Oct 19, 2015 | $2.00 |
| Nov 1, 2015 | $2.00 | Oct 26, 2015 | $2.00 |
| Nov 8, 2015 | $2.00 | Nov 2, 2015 | $2.00 |
| Nov 15, 2015 | $2.00 | Nov 16, 2015 | $2.00 |
| Nov 22, 2015 | $2.00 | Nov 16, 2015 | $2.00 |
| Nov 29, 2015 | $2.00 | Nov 16, 2015 | $0.20 |
| Nov 23, 2015 | $1.80 | ||
| Dec 6, 2015 | $2.00 | Nov 23, 2015 | $0.70 |
| Nov 30, 2015 | $1.30 | ||
| Dec 13, 2015 | $2.00 | Nov 30, 2015 | $0.70 |
| Dec 7, 2015 | $1.30 | ||
| Dec 20, 2015 | $2.00 | Dec 7, 2015 | $0.70 |
| Dec 14, 2015 | $1.30 | ||
| Dec 27, 2015 | $2.00 | Dec 14, 2015 | $0.70 |
| Dec 21, 2015 | $1.30 | ||
| Jan 3, 2016 | $2.00 | Dec 21, 2015 | $2.00 |
| Jan 10, 2016 | $2.00 | Dec 21, 2015 | $2.00 |
| Jan 17, 2016 | $2.00 | Dec 21, 2015 | $2.00 |
| Jan 24, 2016 | $2.00 | Dec 21, 2015 | $2.00 |
| Jan 31, 2016 | $2.00 | Dec 21, 2015 | $0.49 |
| Dec 28, 2015 | $1.51 | ||
| Feb 7, 2016 | $2.00 | Dec 28, 2015 | $0.49 |
| Jan 2, 2016 | $1.51 | ||
| Feb 14, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Feb 21, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Feb 28, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Mar 6, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Mar 13, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Mar 20, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Mar 27, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Apr 3, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Apr 10, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Apr 17, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Apr 24, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| May 1, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| May 8, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| May 15, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| May 22, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| May 29, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jun 5, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jun 12, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jun 19, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jun 26, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jul 3, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jul 10, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jul 17, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jul 24, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Jul 31, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Aug 7, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Aug 14, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Aug 21, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Aug 28, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Sep 4, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Sep 11, 2016 | $2.00 | Jan 2, 2016 | $2.00 |
| Sep 18, 2016 | $2.00 | Jan 2, 2016 | $1.49 |
| Jan 4, 2016 | $0.51 | ||
| Sep 25, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Oct 2, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Oct 9, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Oct 16, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Oct 23, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Oct 30, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Nov 6, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Nov 13, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Nov 20, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Nov 27, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Dec 4, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Dec 11, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Dec 18, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Dec 25, 2016 | $2.00 | Jan 4, 2016 | $2.00 |
| Jan 1, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Jan 8, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Jan 15, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Jan 22, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Jan 29, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Feb 5, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Feb 12, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Feb 19, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Feb 26, 2017 | $2.00 | Jan 4, 2016 | $2.00 |
| Mar 5, 2017 | $0.74 | Jan 4, 2016 | $0.74 |
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