Money to buy a drier for my salon

Mildred Akinyi

Kayole, Kenya

100% repaid

Entrepreneur

Name

Mildred Akinyi

Member since

May 2014

On-time repayments

324 installments  •  74%

About Me

I was born in Gendia Hospital Kendu bay district some 30years back,comefrom a family of 5 where am the first born.went to school at Sony primary and later Joined Asumbi girls High,moved to Nairobi after ward to advance my education in Kenya Polytechnic where I did a Diploma couse in bussiness administration.I like watching movies,reading the Bible and swimming.

My Business

my business involve offering salon services such as hair dressing,manicure,pedicure and facial.I started the business after finishing my college education and could not find employment,after a short while I joined Pivot college and learnt how to run my business on a professional level now I also train youths and other intrested people on skills of operating a salon.My main challenge in business is where customers come in numbers and I dont have enough equiments to sustain them and thats why am mainly interested in the funds so I may buy more necessary equipments.

Loan Proposal

I take this opportunity to thank all my lenders for facilitating my previous loan I did my best and I did not disappoint in repaying however I did not manage to buy the Drier i needed since i had less money so what I did i paid deposit of ksh9,000 my balance remained Ksh6,000.so I again appeal to all my lender help me reach my dream by funding me I have saved some money that I will add to the funds from Zidisha and get the Drier that I need.I am sure that if I manage to add the drier to the ones I have in my salon I will manage to maintain most of my clients and I will also attract more customers and just like the previous loan repaying wont be a problem.Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.17

Date disbursed

Aug 19, 2014

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $50.17 at 11.39% annual rate over 1 month = $0.55

Service fee: $0.17

Lenders

Matching Fund

Sterling, United States

Sputnik

Switzerland

H

Heath

United States

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