Moving beauty salon to a spacious room

Kevin

Nairobi, Kenya

63% repaid

Entrepreneur

Name

Kevin

Member since

July 2015

On-time repayments

80 installments  •  30%

About Me

I started my education at Kemera central in Nyamira county. I later joined Uriri high school, because i could not make it to university, the following year i joined Nyambaria boys school. I made it to Kenyatta university where I am pursuing bachelor's degree in education. when i joined university i found it very difficult to raise money for my needs, because my family could no longer support me. Therefore i enrolled for training as a hair dresser. I started with a single barber machine and now i am running a small beauty salon. There have been several challenges along the way but the passion and the will to help people look gorgeous has helped me achieve my goals. I will not forget to mention the hard working culture of the people in my environs. This is the challenge that keeps me going every day. I like reading a lot, more so entrepreneurial and beauty journals as well as inspirational books.

My Business

Being a salonist, i offer a variety of services from hair dressing to manicure and pedicure. To ensure that i get the best out of the services i offer, i also include a Berber shop. These services are always in demand as everyone needs their hair dressed well so as to look decent. Getting into this business is a matter of passion that was turned into an income generating business to meet my daily needs. Because this is a small and growing business some of my profits are reinvested in the business. As well, this business helps me to raise my rent and my daily needs. This is why i apply for this loan so that i can get more equipment to expand the business and be able to offer high quality service to customers. This will help me improve my customer base thus an increased income.

Loan Proposal

Since I acquired enough equipment for the salon, the number of customers has gone up, more so during the weekends, thus forcing some of them to wait outside. I am now planning to move to a spacious room and the loan will be of great help. This will enable me accommodate more clients and improve my business further. If I get about $200 it will help me move to a new facility with ease.
Regards.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Oct 22, 2015

Repayment status

Late

Projected term

17 months

Other loans

Lenders

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Summary

Amount repaid

$132.00

Amount remaining

$76.99

Expected completion

Apr 2, 2017

Status

Repaying late

Installment amount

$2.00

Repayment History

Expected Payments Actual Payments
Nov 1, 2015 $10.00 Nov 2, 2015 $10.00
Nov 8, 2015 $10.00 Nov 13, 2015 $10.00
Nov 15, 2015 $10.00 Nov 16, 2015 $10.00
Nov 22, 2015 $10.00 Nov 26, 2015 $10.00
Nov 29, 2015 $10.00 Nov 30, 2015 $10.00
Dec 6, 2015 $10.00 Dec 9, 2015 $10.00
Dec 13, 2015 $10.00 Dec 17, 2015 $10.00
Dec 20, 2015 $10.00 Dec 27, 2015 $10.00
Dec 27, 2015 $10.00 Jan 1, 2016 $10.00
Jan 3, 2016 $0.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $5.00 Feb 24, 2016 $5.00
Jan 31, 2016 $5.00 Feb 29, 2016 $5.00
Feb 7, 2016 $5.00 Mar 6, 2016 $5.00
Feb 14, 2016 $5.00 Mar 6, 2016 $5.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $2.00 Apr 25, 2016 $2.00
May 1, 2016 $2.00 May 4, 2016 $2.00
May 8, 2016 $2.00 May 14, 2016 $2.00
May 15, 2016 $2.00 May 16, 2016 $2.00
May 22, 2016 $2.00 May 23, 2016 $2.00
May 29, 2016 $2.00 Jun 2, 2016 $2.00
Jun 5, 2016 $2.00 Jun 10, 2016 $2.00
Jun 12, 2016 $2.00 Jun 18, 2016 $2.00
Jun 19, 2016 $2.00 Jul 2, 2016 $2.00
Jun 26, 2016 $2.00 Jul 2, 2016 $2.00
Jul 3, 2016 $2.00 Jul 24, 2016 $2.00
Jul 10, 2016 $2.00
Jul 17, 2016 $2.00
Jul 24, 2016 $2.00
Jul 31, 2016 $2.00
Aug 7, 2016 $2.00
Aug 14, 2016 $2.00
Aug 21, 2016 $2.00
Aug 28, 2016 $2.00
Sep 4, 2016 $2.00
Sep 11, 2016 $2.00
Sep 18, 2016 $2.00
Sep 25, 2016 $2.00
Oct 2, 2016 $2.00
Oct 9, 2016 $2.00
Oct 16, 2016 $2.00
Oct 23, 2016 $2.00
Oct 30, 2016 $2.00
Nov 6, 2016 $2.00
Nov 13, 2016 $2.00
Nov 20, 2016 $2.00
Nov 27, 2016 $2.00
Dec 4, 2016 $2.00
Dec 11, 2016 $2.00
Dec 18, 2016 $2.00
Dec 25, 2016 $2.00
Jan 1, 2017 $2.00
Jan 8, 2017 $2.00
Jan 15, 2017 $2.00
Jan 22, 2017 $2.00
Jan 29, 2017 $2.00
Feb 5, 2017 $2.00
Feb 12, 2017 $2.00
Feb 19, 2017 $2.00
Feb 26, 2017 $2.00
Mar 5, 2017 $2.00
Mar 12, 2017 $2.00
Mar 19, 2017 $2.00
Mar 26, 2017 $2.00
Apr 2, 2017 $0.99

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