Maximizing the profits

Winfred

Fedha,nairobi, Kenya

100% repaid

Entrepreneur

Name

Winfred

Member since

June 2017

On-time repayments

19 installments  •  53%

About Me

I am a lady aged 30 years, in my childhood have passed through alot of hardship especially in my high school,due to school fees which was a challenge to my parents due to low income which they got From their farm which was unable productive, because I believed in my self ad I was determined to complete my school I had to move to look for support from my relatives which was in vain, I then decided to look for help from the government offices within my County where I was able to get support in payment of my school fees ad finally I completed my school, I was ready to face life ad after working in different places I was able to take myself in a college where I gained my skills in hair dressing. I am now married with two boys aged nine years ad three years respectively.

My Business

I started my business in 2014 after going alot of financial difficulties since my husband was the only bread winner, I am now working in my own saloon located in Embakasi district in Nairobi, I started my saloon with minimal capital of twenty thousand where by I was able to buy the items needed in the saloon like the dryer ad other material which enabled me to start the business, I work for six days in a week, I opens my business at eight in the morning ad I close at six in the evening except some times when I have more customers I even go up to ten at night, I love my business alot because I get at least two thousand per day as my profits which has helped me ad my family to live comfortable lives ad raising the standard of living of my parents,

Loan Proposal

Great appreciation to Zidisha.
l will use the loan to stock my business.
l will use to purchase hair chemicals such as Venus,human air
i will use part of the loan to repair my blow dry.
l do blow-dry,setting ,twisting among others.This are among the various saloon services which attract many customers to my business.With such l will l hope to get $10.0 per week translating to $40.0 per month as the net profit.with such l will comfortably redeem my loan on time while uplifting my young family.With the net profit l will be able to purchase some of the saloon equipment so as to attract while retaining the existing customers.With timely payment ,the loan will grow while enabling my business to grow fast thus increasing my profits while putting a marker in the society.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Feb 8, 2018

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

John

United States

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