Opening another new barbershop

Martin Gachie

Ngoingwa Estate, Kenya

18% repaid

Entrepreneur

Name

Martin Gachie

Location

Ngoingwa Estate, Kenya

On-time repayments

173 weekly installments  •  77%

About Me

My name isMartin Avery humble and a God fearing man,born and grown up in a small village in the hilly side of central Kenya,am married and am blessed to be a father of two beautiful daughters.Icome from a very humble back ground but my parents managed to educate me through primary &secondary school despite many challeges,my family could not afford to educate mi beyond that despite obtaining a good grade in my academics so I started helping my parents with day to day chores which according to my culture was to pluck coffee which is the only relied cash crop in my area village I was the first born so ihad a lot of tasks including assisting our young siblings.After awhile I was exhausted working as casual labourer and ithinked beyond my challenges and decided to try my hand in business but the ideas were many but capital was a headache,I was interested in the beauty industry so I used the small amount I had saved and payed for a course in the beauty industry and was trained for awhile in the evening hours after working for a daily bread.That did not derail my vision to become asuccesful determined
enterpreneur,immediately after my course I used the little I had and borrowed some money from a merry go round group we had formed in our village and started my small barber shop,and that is how I managed to overcome the hardship to achieve an important goal in my life.Am much encouraged by my children's ambitions to study and become professionals in productive fields and then give back to the less fortunate community, my hoby is swimming and ilyke reading motivational books,travelling and making new friends in different cultures.

My Business

My business has improved since ijoined zidisha and am very excited despite few challenges I now manage to make about 1500 ksh this is opproximitly 15us dollars,after deducting expenses am left with 10us dollars,that helps me to raise my kids shoolfees and paying my bills and giving back to the community,the budget for this project is approximately 100,000 thousand kenya shillings (1000 us dollars).with the help of 50 thousands from zidisha lenders iwill add the rest 50 thousand ksh from my savings,hoping Zidisha lenders will help me and achieve my best in the beauty industry,ilook forward to my dreams of starting a beauty college and offer beauty courses for free to those who could not manage to further their studies due to financial problems and I know God will help me achieve my dreams.

Loan Proposal

My new project have a budget of 100,000ksh this is about 1000 us dollars.to be used as follows:

>80thousand ksh (800 USD) to rent paint & equipping the barbershop plus paying the operating licence.

>20 thousand,about 200usd for advetisements & branding & marketing my new branch barbershop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$542.96

Date disbursed

Nov 26, 2018

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Service fee: $24.40

Credit risk payment: $97.63

Lenders

investor

Candiac, Canada

YB Song

Seoul, Republic of Korea

AltruisticSelfishnes

Chicago, United States

lorrymac

Killough, United Kingdom

ErikN

Stockholm, Sweden

Ambrose

Calgary, Canada

Martin

Manama, Bahrain

R

Roman

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

MienDeGraeve

Ouagadougou, Burkina Faso

Laurent

Vevey, Switzerland

Apmay

Melbourne, Australia

A

AlexCheng

Seattle, United States

S

Senryu91

caldogno, Italy

L

lujabe

Melbourne, Australia

B

briansedz

Canton, Ohio, United States

L

Lenah

Vert Saint Denis, France

DEWANDELAAR

westouter, Belgium

SeeMeeFi

Ontario, Canada

D

duckdork

De Forest, United States

E

ebronken

Oslo, Norway

Cloudways

Malta, Malta

Andreas1974

Fristad, Sweden

B

Bernhard75

Vienna, Austria

RobinW

Bonn, Germany

P

PetrusR

balmoral, Australia

postnihilist

Honolulu, United States

Sunnyside

Stafford, United Kingdom

I

ianb723

ROCHESTER, United States

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

M

marcmesich

Kaohsiung, Taiwan

paulclinton

malaga, Spain

Hedwich

Gorssel, Netherlands

K

kingcamo1095

Mountain Home, United States

R

RCHeying

Marietta, United States

D

DavidJSmu

North Attleboro, MA, United States

ibc123

Seattle, United States

B

BMcDermott

Washington, DC, United States

K

khassi

AinEbel, Lebanon

H

happytrailsjpd

South Bend, United States

R

robertsk

Yuba City, United States

mikeice

Kohler, United States

C

Clben7

Cincinnati, United States

M

martyb

United States

C

chrishol

United States

MalcolmL

San Francisco, United States

D

DCLending

United States

O

osubucks45

United States

R

rossgarlick

United States

S

suraj_sindhia

United States

N

nlane

Vietnam

M

Mal57

Australia

G

gerard

Netherlands

P

plhughes

United States

M

Mj11991

Cleveland, United States

S

sarah4d2

Saint Louis, United States

T

thenwhen

United States

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

AndrewNeu

Ho Chi Minh, Vietnam

B

blambert

United States

V

vbud

United States

J

JonAlec

United States

H

HLCharityFund

United Kingdom

F

factotums

United States

Grant Xavier Storer

Seattle, Wa, United States

T

Tim47

United States

K

Keith

Luxembourg

Mimobo

Schwäbisch Gmünd, Germany, Germany

K

kennychit

United States

Otto Barten

Amsterdam, Netherlands

N

Nicolaas

Doha, Qatar

B

beegkitty

United States

C

Crainster

Chapel Hill, United States

OllieOladele

London, United Kingdom

reluck

Marseille, France, France

A

andreab

United States

Mike and Jacqui

United Kingdom

K

Kristiina

All Countries

MZ

Morley Zhi

United States

T

Tim

Cologne, Germany

E

Erich

Zurich, Switzerland

Joerg

Velen, Germany

A

AER

Germany

A

Alexander

Innsbruck, Austria

W

Wade

United States

Jake Badger

Roskilde, Denmark

DB

Dianne Bayes

Huntersville, United States

PC

Patrick Clavette

Hartford, Wisconsin, United States

BS

Bart Sturm

Amsterdam, Brazil

Craig

Memphis, TN, United States

K

K

United States

E

erica

antwerpen, Belgium

moursund

Beaver Nation, United States

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

KL

Ket Lin

United States

CK Ow Yong

Singapore, Singapore

C

cota

United States

JD

Jeff DePree

United States

George

Corvallis, Oregon, United States

Jorgen V

Mol, Belgium

CNV

United States

PT

Paul T

Amsterdam, Netherlands

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

L

lindenc

United States

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

M

Mart

United Kingdom

PR

Paul Rausch

United States

Mattie Shaw

Seattle, United States

Kavitha Amarnath

Sydney, Australia

N

Nick

Greater London, United Kingdom

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

J

Jeff

United States

N

Nick

United States

E

eriklonnroth

United Kingdom

J

Jason

United States

Aran Dunlop

United States

Hana

United Arab Emirates

Akirahugo

Dortmund, Germany

wissam

Jeddah, Saudi Arabia

DL

Dan Lawrence

United States

Douglas St Quintin

Sydney, Australia

TF

Tom Fawcett

United States

Rosario von Li

San Jose, Ca, United States

AK

Achim Königs

Bonn, Germany

Eugen Stamm

Zurich, Switzerland

OH

Orion H.

United States

MT

Marco Tietz

United States

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

Y

YTSJ

London, United Kingdom

T

Tom

United States

JC

Justin cohan

United States

S

stevensau

United States

K

Kaleb

United States

KE

Karen Epolito

Syracuse, NY, United States

PR

Priscilla Rathbone

Seattle, Washington, United States

V

Vidar

Oslo, Norway

LT

Leslie Tymko

United Kingdom

P

Phips

Switzerland

H

Huub

Switzerland

I

isaac

United Kingdom

J

jerod

United States

JC

juli camrud

United States

RC

Rudi Chen

United States

M

Mary

United States

A

Anonymous

United States

EA

Eric Ayers

Atlanta, United States

SS

Sean Sullivan

Austin, TX, United States

NB

Nikolaus Bührer

Karlsruhe, Germany

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