Modern shaving machines and other equipment for barbershop

Martin Fundi Mwaniki

Kamura, Kenya

10% repaid

Entrepreneur

Name

Martin Fundi Mwaniki

Location

Kamura, Kenya

On-time repayments

57 weekly installments  •  81%

About Me

Thank you very much for the opportunity.
First is to say that just like any other child in the young age,i was born and brought up in the rural set up.I was taken to school where i attained primary school level and proceeded to the secondary school where i managed to make up to the end of the secondary level.Since in our family we were many,I could not proceed to a technical school to get any skill because there was no money,So i was forced to stay home for some years while helping my parents to do cultivation and rearing livestock.My parent kept promising me that when they educate my other siblings up to my level, they will be able to get money to take me to a technical school for skills.This took close to five years and i was opted to go and start staying with my Aunt in Nairobi city.I started helping my Aunt with domestic activities and while she is doing her Solon business,she later introduced a Barber Shop alongside the saloon business.I started shaving small children and got some skills.While doing the shaving i even started shaving even adults and gained a lot of interest with the job.When my Aunt moved her business to another location i was left using the space and i managed to pay bills such as Rent,electricity and water.I became self employed,very independent and loving my income generating job.What is unique about the land i stay is that community respect and uphold the highest level of integrity and had work.My children would like to be brought up well and be educated My hobbies are encouraging pople in life as well as advising them on better way of living and hard work to strive.I also love helping people in our society.
Thank you.

My Business

Meanwhile,my business is in service to the clients.I offer barber service.I do shaving in my barber shop.The service is always in demand because having hair done is an all the time service for almost everyone.This service is increasingly becoming a need rather than a want.I choose this business because in the first time i liked it and loved the job,secondly it does not require much skills and time in order to know.What is important is passion and love for the job.
My typical costs are Electricity,water bills and rent among others like machine maintenance.
Mostly my profit goes towards educating my sister back home as well as meeting my expenses and paying bills.
Thank you.

Loan Proposal

Hello my esteemed lenders, when I get my next loan, I will advance my barber shop to look executive and elegant by adding more equipments and extra services. I will buy a bigger mirror, a massage chair, better towels, after shave hair removal cream and increase lighting while doing a bit of interior designs and aesthetic. All this will transform my barber shop to a whole new level of charging a little bit higher price than before. This will fetch me quite a good profit. Customers pay for excellent services and they usually don’t even bargain on that.
The loan will go towards financing one of the most robust and advanced modern shaving machines and it accessories.
The modern machines will cost me at a cost of $126.00, a set of four adjustable machines combined with accessories.
I will also buy another electric Kettle at a cost of $11.00 & 4 sets of towels at a cost of $28.00.
I will also buy a bigger mirror at a cost of $38.00 and do interior décor at a cost of $25.00.
I will buy two new adjustable chairs at a cost of $26.00.
Also on the list will be two dust coats, after shave gel, surgical spirit and increase lighting bulb all at a cost of $30.00.
Now, all this will make me start charging $1.00 per person, double the previous price.
With my assistant this will greatly helped me to do Shaving more quickly and conveniently. These machines will save me unnecessary cost of maintenance and frequent break down of the previous machine while at shaving.
On the side of my profit and income, I will start making double of the money I was getting earlier. I focus to be taking home a cool USD 100.00 per week up from the previous USD 35.00.
This will make possible for me to help my parents back home and give back to the society. I will be able to repay the loan without defaulting and I will thank you my lenders, you’re my source of motivation in business as I look forward to succeed in life.
I will be able to employ an extra person on commission basis to help me attend the ever soaring clients flocking in my barber shop. This way, I will have given back to the society by created a job opportunity to another person and help them put food on their table.
Thank you lenders for making me successful!

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$303.00

Date disbursed

Jun 22, 2016

Repayment status

Late

Projected term

66 months

Cost to entrepreneur

Service fee: $15.16

Other loans

Lenders

C

Christian

Saarbruecken, Germany

B

BRWorthington

San Francisco, United States

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

S

sebseb

The Hague, Netherlands

DeanDropshot

Oslo, Norway

ErikN

Stockholm, Sweden

boggsi

London, United Kingdom

AndreaBravi

London, UK, Canada

Ambrose

Calgary, Canada

I

IngeH

Muehlheim, Germany

A

anonymus

Moon, United States

A

aliasadsj

Queens, NY, United States

T

ToddK

Indianapolis, IN, USA, United States

J

JakeA

Wellington, New Zealand

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

T

thejacobnorton

Jubail, Saudi Arabia

R

Rossman

Poland, United States

HansLindgren

Uppsala, Sweden

M

matts

New York, United States

beverly

Vancouver, Canada

simonvikstrom

Drottningholm, Sweden

H

hanso

Arendal, Norway

S

Snake707

Somewhere, Germany

indeh

London, United Kingdom

athomas

Chevy Chase, United States

captainhappy

Gladstone, Australia

A

aguayo

Silicon Valley, United States

K

Kal08

Castle Rock, United States

Myrar

Aarau, Switzerland

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

IA

Ismini and Jerry

Stamford, USA, United States

J

jzidi

Los Angeles, United States

birtom

Ettlingen, Germany

B

bugsheep

Houston, United States

S

samiT

Brussels, Belgium

P

pipsy

sm, United States

ads68

Melbourne, Australia

Blake

Rockford, United States

J

JakeK

Melbourne, Australia

N

NicolaG

Mantova, Italy

J

jr557

Mount Pleasant, United States

A

Aunita

PORVOO, Finland

Bhayl

Stavanger, Norway

ayw2107

New York, United States

A

Aaron

Zurich, Switzerland

M

Mooper

Los Angeles, United States

F

fgiroux

BROWNSBURG-CHATHAM, Canada

J

jackplum

Fishers NY, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

I

ianb723

ROCHESTER, United States

ericacamille

Brooklyn, United States

J

jlee928

Jacksonville, United States

James

Paris, France

H

HomesteadSchool

Glen Spey, United States

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

marcmesich

Kaohsiung, Taiwan

G

gertrude

Cumberland, Canada

R

Ronnie

STOCKHOLM, Sweden

W

WenShiDi

mobile, China

DVM1417

Seaford, United States

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

H

HobbyCollector

Beach City, United States

P

Paleomagick

Eldred, United States

Sappetta

Bolzano, Italy

W

wilma95

napa, United States

MarshFamilyUK

Canterbury, United Kingdom

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

somuchjackson

Boston, United States

E

E

Marin county, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

S

SanderBeckers

Brussel, Belgium

S

scottpz

branford, United States

G

GanSatya

United States

A

AandCfromCanada

Spruce Grove, Canada

D

dj9812

United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

Arjan Geven

Vienna, Austria

P

Peaches

United States

J

Jonas

Linköping, Sweden

A

adiipienaar

South Africa

L

lfender6445

United States

G

gclimer

Chattanooga, United States

A

abbasm

United States

R

richardbrewster

United Kingdom

bb4dogs

United States

M

mitchmk84

United States

S

salathe

United States

J

jbhernan

United States

C

CraigInCo

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

B

blambert

United States

Grant Xavier Storer

Seattle, Wa, United States

Loungin

United States

S

sarahb

United States

M

Medagan

San Franciso, United States

E

enigmatic

United Kingdom

A

adamdreaming

United States

Matthias Schulz

Berlin, Germany, Germany

S

Stephan

Netherlands

Martin Ward

Leicester, United Kingdom

KM

Kirsty M

United Kingdom

PH

Phil H

United States

Arne Bachmann

Hamburg, Germany

Gab

Singapore

MG

Michelle Gard

United States

Dave Bogard

New York, United States

A

Alexander

Innsbruck, Austria

AL

Amy Luo

United States

MW

Matt Willis

United States

jtreyes

United States

E

erica

antwerpen, Belgium

Kevin

San Francisco, United States

HS

Harry Shulman

United States

KD

Kent Don

United States

EB

Erica Brescia

United States

Mouhamed

United States

JD

Jeff DePree

United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

BB

Ben Bellows

United States

M

Maggie

Australia

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

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

Loading...

Loading...

Loading...