17 weekly installments • 88%
Born in a polygamous family, I am the second born to my mom. Mom being unemployed and entirely dependent on peasantry we could hardly make ends meet. I am thankful that this life did not end my dreams but refined my approach, that through the small entrepreneurial adventures from my childhood through to this day I have been able to beat odds.
My business is an executive salon in the heart of Rongai area which I have done for more than 4 years. I have also secured space in the neighborhood where I opened a Kinyozi which is now picking and I intend to make it high end as the market is generally made of the working class, and I believe with time this will increase revenue and better my life.
I will use the loan I am applying for to pay rent for my business stall, and use the balance to buy more beauty products. This will ensure seamless operations of the business, and contribute to better profits for this trading cycle.
I want to thank all my lenders in advance and pray that God blesses you abundantly.
Corona is ravaging the economic climate, yes, but we've learnt to adapt with the situation as life must go on. Considering the various preventive measures I have already in place, I am sure the business will run well and I will be able to raise enough money to repay the loan and remain with what I will plough back to the business
Apr 11, 2021
Cost to entrepreneur
Service fee: 5% of $442.44 = $22.11
Credit risk payment: $66.36