Opening a second branch of my hair salon
Mary
Alupe, Kenya
$0 to go
100% funded of $395 goal
0
days left
Entrepreneur
Name
Mary
Member since
March 2015
On-time repayments
26 installments • 46%
About Me
my names are mary Makokha.I am a beautician. I am a sinle mum to two kids Robert and Reuben. My husband died in west gate attack in a mall in Nairobi. He was a soldier who was involved in the rescue operations and passed on while on duty.
My husband left me too early,with a young family .I had to move from our house in the barracks to a rented house in Nairobi. Soon I released I could not afford the costs and so had to relocate to Busia our rural home.. I opened a saloon using my late husbands benefits,they saloon picked up well and that is the business I am running to date.
Reuben wants to be a pilot when he grows up while Robert wants to me a nurse. I have always liked athletics ever since I was young and so during my free time I find time to run around just to keep fit and healthy.
My Business
my saloon is a medium saloon that provides hair dressing ,blow dry ,pedicure and manicure.
Ladies would always want to look nice and so the form the largest part of my clientele base although men also come to my saloon.
I choose these business because i had attended college on hair dressing and so I had some experience on the same.
My costs are $200 in a month and my revenues are $400 in month.
I use my profits for business expansion and taking care of my young family.
Loan Proposal
dear lenders.
I hope you are doing well and your family too is well.I am doing well here and my business too is doing well courtesy of my first and second loan. I am requesting for my third loan to help me open a new branch , I have rented a 4M square house that will house the new saloon business. I have already stocked it with a few cosmetics and would wish to equip it. I still need $600 to make it fully operational. I intend to use the loan to buyer two driers @200 ,mirror @80 and chair@100. I am will raise the rest of money from my savings. thank you in advance dear lenders
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Loan Info
Project Type
Classic Loan
Disbursed amount
$395.00
Date disbursed
Jul 24, 2015
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
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