Move my business to a bigger space

Susan

Mombasa, Kenya

12% repaid

Entrepreneur

Name

Susan

Member since

September 2014

On-time repayments

274 installments  •  51%

About Me

My name is Susan John, born in Meru county around Mt. Kenya. I was born in a family of 6 where I am the fifth born. My parents were and still are small scale farmers. I went to primary and later secondary school in the same area.

I later enrolled for a diploma course in hair dressing. I later did a short course in computer applications. I later decided to relocated to Mombasa to live with my cousin. I secured a job at a hair salon in Mombasa town where I worked for one year. Using savings from this job, I was able to start my own beauty salon and this is what I am still doing.

I am hard working and honest person and these qualities have made me succeed in my business. I am also a strong member of my church where I serve as youth mentor.

My Business

I run a beauty salon where we cater for both men and women. This business doubles as a hair salon as well as a barber shop. I do many beauty services for women such as hairdo, hair treatment, facial, pedicure etc.

I serve a all types of clients from men who come for shaving and a large number of working women who like to look smart at their places of work. I occasionally serve tourists who come to holiday here in Mombasa.

To supplement my income, I also sell airtime vouchers and soft drinks such as drinking water and sodas. This business is quite profitable and self sustaining. I make an average $300 per month.

My dream is to open a hair and beauty training center where I will be able to train learners in this area of beauty. I want to use this loan as an entry point to Zidisha with an ultimate goal of getting funding to start the center in future.

My income is sufficient to service this loan comfortably.

Loan Proposal

My business has been doing well for the last two years - thanks to Zidisha loans. I now want to move my business to a bigger space in readiness to start a training center in the near future


Fortunately, the is a bigger space ready for occupation just next to my current premises. It is this space that I intend to occupy once I get this money. The whole exercise including lease, renovations, furniture, etc will cost me about USD 1000.

Thanks.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,098.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

31 months

Lenders

Paul Buchheit

Mountain View, United States

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

Loading...

Loading...

Loading...