More styling chairs and barber machines

Christopher

Eldoret, Kenya

Funds disbursed

$0 to go

100% funded of $10 goal

0

days left

Entrepreneur

Name

Christopher

Member since

April 2017

On-time repayments

8 installments  •  75%

About Me

I am the only boy in the family of six and this made my parents to love me so much. My parents took me Bazoli primary school where i learnt upto class 6 then i was tranferred to the nearby boarding school called sawagongo. I did my kcpe examinations in the year 2006 and got 365 marks. I later joined Kakamega boys high school but life was not easy as i expect as i lost my father early that year and he was the one providing my school fees.. I struggled and went through form one and two but dropped out at form three as my mother couldn't raise my school. I started a business of selling groundnuts in kakamega town later that year and raised the capital that i used to open a barber shop

My Business

I now own a barber shop and the business is growing year in year out. My shop now has five barber machines and also five styling chairs. It is really doing me good as each month a earn profits of around $320 and this is after deducting the expebditures of about $80.I use tge profits to pay the shop rent and also improve the business itself

Loan Proposal

I have been having plans of adding two more barber machines and also two more styling chairs in my shop. This is because on weekends, i get so many customers that i even refer them to the neighboring barber shop. I will therefore put my second loan into that project and this is going to make my profits to rise by around $70 every month

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

2 weeks

Other loans

Lenders

Isabella

UK, United Kingdom

B

bea

Australia

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