Loan to relocate my salon

Pauline Kimani

Kiwanja, Kenya

100% repaid

Entrepreneur

Name

Pauline Kimani

Member since

September 2014

On-time repayments

143 installments  •  55%

About Me

I am the second born in a family of three girls and live in Kiwanja village behind Kenyatta University. I am a business lady and my hobbies are traveling, socializing and dancing. I pursued bachelor of commerce specializing in finance and CPA section 1-4.

I decided to venture into my hairdressing business because I wanted to create employment opportunities for our youngsters in Kenya in search of a job and also to inspire them to start their own businesses using their skills rather than tarmacking for so many years looking for a white collar job.

Hairdressing has been my passion since I was a young girl, I love coming up with new styles.

My Business

My source of income is from my hairdressing business. The services I offer to my clients include braiding, weaving, styling, applying chemicals, plaiting and many others. There is demand for these services because people need to look good and neat especially ladies.

My customers prefer me because I am very welcoming, I listen to their needs regarding what they want with their hair and I am efficient. My braiding is so neat that my customers recommend my service to their friends and colleagues.

The business is profitable because after two to three weeks the client will have to come back for some hair repairs or some new hairdo. As in every business, my challenge is to stay competitive and therefore I do my best to come up with the latest ideas in hair care design and product information.

Loan Proposal

The loan will be used to relocate my salon.lately the present building has been experiencing lots of power blackouts and water shortages which have really affected the performance of my business .I kindly request Zidisha lenders to support me to relocate my salon. The loan will be used to pay deposit for the new building which has a standby generator and a storage tank.

Show original English  

About Me

I am the second born in a family of three girls. Leave in Kiwanja village behind kenyatta University. Am a business lady and my hobbies are traveling,socializing and dancing. I pursued bachelor of commerce specializing in finance and CPA section 1-4. I decided to venture into hairdressing business because i wanted to create employment to some of the so many youths in Kenya who are job seeking and also inspiring the same youths into starting their own businesses instead of tarmacking for so many years looking for a job yet they have skills which they can implement and earn money. Hairdressing has been my passion since i was a young girl because i love coming up with new styles whenever i get an inspiration

My Business

My source of income is from my hair dressing business. The services i offer to my clients include braiding, weaving, styling, applying chemicals, plaiting and many others. There is demand for this service because people need to look good and neat especially ladies. My customer prefer me because am so welcome, i listen to their needs regarding what they want with their hair, i am efficient and my braiding is so neat which makes my customers refer me to their friends and colleagues. The business is profitable because after two to three weeks the client will have to come back for some hair repairs or some new hairdo. My business faces the risk of staying competitive thus has to come up with the latest ideas in hair care design and product information.

Loan Proposal

The loan will be used to relocate my salon.lately the present building has been experiencing lots of power blackouts and water shortages which have really affected the performance of my business .I kindly request Zidisha lenders to support me to relocate my salon. The loan will be used to pay deposit for the new building which has a standby generator and a storage tank.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$293.18

Date disbursed

Dec 1, 2014

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $293.18 at 4.66% annual rate over 3 months = $3.90

Service fee: $3.10

Lenders

davelowe100

Perryville, United States

Vanamo

Helsinki, Finland

HansLindgren

Uppsala, Sweden

H

hilde

seattle, United States

S

SvenWaage

Stavanger, Norway

M

marcelitohb

Bremen, Germany

N

nba1999

Beijing, China

joaoferraz

RINCHOA, Portugal

neocodesoftware

vancouver, Canada

Evan Lamos

Brussels, Belgium

Paul Buchheit

Mountain View, United States

K

Karpet

Faroe Islands

Grant Xavier Storer

Seattle, Wa, United States

K

Keith

Luxembourg

KM

Kirsty M

United Kingdom

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