Money to start a beauty shop

Esther Wangari

Kimende, Kenya

100% repaid

Entrepreneur

Name

Esther Wangari

Member since

September 2014

On-time repayments

166 installments  •  21%

About Me

My name is Esther Wangari,born in nyeri county othaya subcounty i am married and blessed with one lovely baby girl ,i finished my o level education six years ago and afterwards i trained in beauty therapy as a saloonist dealing with women products mostly women hair although i have not been able to start my own beauty shop, i am expecting to open one soon,i am also dealing with crotcheting and knittting dealing with different products like table mats pullovers and chair mats which I do at my free time.In this business I earn approximately 15$ weekly .I also have a passion in farming and I have lent a one acre piece of land in a very productive area where I intend to do farming mostly focusing on vegetables like carrots and potatoes and by this I will contribute a lot by adding more food to the community as I earn good cash.

My Business

Since i finished schooling i had a passion of employing my self and this was the reason that made me to enroll in this course of beauty, after gaining the required skills in college i have been employed by two different employers dealing with beauty as a saloonist and i can say its an enjoyable work as this depends on your kills ,the more skilled you are the more customers you get i still do it to date where i am paid on commission basis in a day i get like 3$ but i am looking forward to opening my own beauty saloon where i will be my own boss, it is a very profitable business depending on the location, i also have some free time businesses which are like hobbies but the good thing is that i still earn from them these are like crotcheting where i do table mats, hats, pullovers ,chair mats and many more. people like my crotcheting very much and i earn approximately 15$ profit weekly. With this money i will be able to repay the loans without any problems. Since food has become a problem, I thought of venturing into small scale farming where i will be dealing with vegetables. I have lent out a one acre piece land in a very productive area near kimende town where i stay and i am willing to do carrots to start with. I have sought all the required information about this business from those farmers already doing it and i believe if i follow all the steps well , at the end i will be a happy person pocketing at least 500$ in a period of four months.

Loan Proposal

Dear lenders ,iam very happy for your support since i joined this lending platform, i have benefited with my first loan very much and i am almost to get the fruits of my labour as you can see in the photos i have posted. sorry for the drop in my ontime percentage that was caused with my delay that occured when my child was sick looking forward for more support from you. Iam looking forward to starting a small beauty shop combined with cosmetics and some new clothes this january and i will invest all the money i will get from you in that business , Iam sure it will do well and i dont have any problems in terms of repaying the loan since i will use the money from my knitting and crotcheting job to repay back. Thanks in advance for your support.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$146.27

Date disbursed

Dec 30, 2014

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $146.27 at 1.20% annual rate over 3 months = $0.50

Service fee: $1.54

Lenders

P

pieces15

Grand Falls-Windsor, Canada

Tjitser

The Hague, Netherlands

T

TopUp

Toronto, Canada

P

peterschinkel

Amsterdam, Netherlands

M

MichaelCausey

Camarillo, Ca, United States

yeahboi78

Alexandria,LA, United States

Zidisha

Sterling, United States

mattebe

Pittsburgh, United States

Karembo

vienna, Austria

S

Scaramouche

Brisbane, Australia

M

Markus

Tirschenreuth, Germany

F

freewheelin

Perth, Australia

S

Sonja

London, United Kingdom

K

KettOH

Dayton, United States

Joseph P. Edd

Seoul, Republic of Korea

JC

Jane Cohen

United States

Ask Esther 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...