New seats and large wall mirrors for my barbershop
Enock
Kipkoi, Kenya
100% repaid
Entrepreneur
Name
Enock
Member since
June 2014
On-time repayments
17 installments • 29%
About Me
I am a university graduate who studied linguistics.I have not been able to get a job so I resorted to self-employment to support myself and my family.I live in Bomet,a place called Silibwet.I am a youth leader in my church and I love singing in my church choir.I am from a humble background and my parents are peasant farmers.I am the eldest son and I have four siblings who are in colleges.I need to support them with their upkeep and fees so as to finish their education.
My Business
I run a barbershop,commonly referred to as KINYOZI locally.The business is located in one of the streets at SIlibwet.I have run it for 8 months now and it has been good despite the challenges.I have hired some young man to assist me to do the haircuts.I make an average of KSH500 OR USD5 per day after paying my worker.There is a lot of competition here but I have hired a very skilled and professional person to work.We are very hygienic and stylish and most young people come to shave with us.our target market is the busy town during market days and students from the neighboring schools.We charge a flat rate of ksh20 or USD0.23 per cut including the mustache.We are facing some challenges that I hope the lenders will address.We have poor furniture which includes poor seats and we need a huge mirror for the shop to keep up with the competition.I have a dream that my KINYOZI will be one of the best and I know with Zidisha,my dream is valid.
Loan Proposal
I need to make my shop very competitive,comfortable and the best in this town.I will buy new seats for my customers.I will spend USD94 OR KSH8000 to buy four comfortable adjustable seats each going for USD23 KSH2000.I will use USD23 or KSH2000 to buy four huge mirror walls for each of the four walls.I will use the remaining money to hire an extra person to work with me to make 2 AND HENCE CREATE A JOB OPPORTUNITY.Kindly help me make my dream OF RUNNING THE BEST BARBERSHOP come true.I will not let you down.THANK YOU.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 21, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United States
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