One more new machine and a chair for my shop

Antony Nanjinia

Koyonzo, Kenya

100% repaid

Entrepreneur

Name

Antony Nanjinia

Member since

November 2014

On-time repayments

302 installments  •  49%

About Me

My name is Antony Nanjinia. I was born in a family of 8 and I am the second born. After completing secondary school education, I went to Busia Beauty College, where I graduated with a Certificate in hair dressing and barber.
I worked for some time to make savings so as to open my own business. Due to meagre earnings, it took me several years to buy my working tools.
I provide pedicure, manicure and barber services in my Kiosk. I always make sure I meet the clients' tastes and preferences. This has always gave me a competitive edge against my competitors.
During my free time I like meeting new people and reading.

My Business

My name is Antony Nanjinia. I run a barber shop and Mpesa (mobile money service) where I provide high quality services including shaving, pedicure and manicure. The demand for my services are high because my shop is located in a densely populated area. I also provide services that suit my clients' exact needs. I always keep my shop clean as this attracts more clients.
I choose this business because it is in line with my training and is one of the most profitable businesses. I decided to run the Mpesa business in the same shop so as to reduce the cost of running business.
In a good month my total expenses are $150 (rent,machine maintenance and disinfectants). My revenues are $300. In a good month, I make $150-200.
I use my profits to pay fees for my siblings and take care of my elderly parents.

Loan Proposal

Dear lenders kindly help me raise a loan for buying one more shaving machine and a chair for my barber shop. I will then employee one person to help me.This will significantly reduce the long queue i have been experiencing ,increase my revenues and create employment for one Kenyan youth .I believe and trust you will support me .Thank you in advance.

Show original English  

About Me

My name is Antony Nanjinia I was born in a family of 8 and I am the second born.After completing the secondary school Education I went to Busia Beauty College ,where I graduated with a Certificate in hair dressing and barber.
I worked for some time to make savings so as to open my own business,due to meagre earnings it took me several years to buy my working tools.
I provide pedicure,manicure and barber services in my Kiosk.I always make sure I meet the clients tastes and preferences this has always gave me a competitive edge against my competitors.
During my free time I like meeting new people and reading.

My Business

My name is Antony Nanjinia ,I run a barber shop and Mpesa (mobile money service) where i provide high quality services including shaving ,pedicure and manicure.The demand for my services are high because my shop is located in densely populated area.I also provided services that suits my clients exact needs.I always keep my shop clean as this attracts more clients.
I choose this business because it is in line with my training and is one of the most profitable business. I decided to run the Mpesa business in the same shop so as to reduce the cost of running business.
I in a good month my total expenses are $150( rent,machine maintenance and disinfectants)My revenues are $300.In a good month I make $150-200.
i use my profits to pay fees for my siblings and take care of my elderly parents.

Loan Proposal

Dear lenders kindly help me raise a loan for buying one more shaving machine and a chair for my barber shop. I will then employee one person to help me.This will significantly reduce the long queue i have been experiencing ,increase my revenues and create employment for one Kenyan youth .I believe and trust you will support me .Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.36

Date disbursed

Dec 30, 2014

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Lender interest: $199.36 at 4.15% annual rate over 1 month = $1.23

Service fee: $1.10

Lenders

A

agwong

California, United States

Shasta

Erie, United States

Matthew

New York, NY, United States

LadyPhi

Ontario, Canada

A

Andy

Berlin, United States

B

Brian

Washington, DC, United States

D

DavidM

Cambridge, United Kingdom

A

ask21900

Cedar Rapids, United States

T

thebonseung

Republic of Korea

O

osubucks45

United States

M

Mj11991

Cleveland, United States

belvi

Hoogeveen, Netherlands

M

markl

Australia

T

tcalvert

United States

M

Meral

Germany

Jansa

Oulu, Finland

RJ

Ryan J Cotton

United States

KM

Kirsty M

United Kingdom

Karijn

Amsterdam, Netherlands

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