Name
Faith
Member since
May 2015
On-time repayments
14 installments • 57%
My name is Faith lunzalu .I was born in kakamega county . I am the third born in our family of 6. I have three sisters and two brothers. my mother was a beautician ,and i always helped her while I was a teenager. When i was in form three my mum succumbed to cancer, the business closed down.
I struggled and completed my studies . my family resources was first depleting and we could go with no food some days.there was no money to cater for tertiary education and so we had to find ways and means of surviving. Since I had clue in the beauty industry,I talked to the landlord where my mum used to work. He gave me some of the equipment he had seized earlier due to unpaid rent. I reopened my mums business but I didn't have experience and so had to mainly work on my friends who had little money.soon I mustered the art of manicure,weaving,plating and pedicure. clients started flowing and that is how my business was born.
I like playing basketball,when free.going to the gym for aerobics to keep fit and making new friends.
my name is Faith Lunzalu I am a hairdresser by profession,my business invoves providing manicure,pedicure,weaving,plating . These services are in demand because African ladies always like make ups and the population is first growing.
i choose these business because my late mum was a hairdresser and she could afford to give as good life so I knew these business would help me support my self and my siblings just like mum did.
I spend $130 a month for premises rent,water and electricity. I make average $280 a month. In a good month I take home $150 profit.
I support my siblings education ,pay for my utility bills and reinvest in the business.
Dear lenders, I than you for the first loan it was so helpful to me and it really helped me to improve my business.I am asking you to please lend me $200 so that I can be able to buy more cosmetics so as to enjoy economies of scale. I wish to increase my stock to $500 , I will add the $200 loan to my current capital. Thank you in advance.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$197.00
Date disbursed
Jul 30, 2015
Repayment status
Late
Projected term
8 weeks
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