Pay rent for my business stall & buy more beauty products

Donald Osiemo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Donald Osiemo

Location

Nairobi, Kenya

On-time repayments

17 weekly installments  •  88%

About Me

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

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.

Loan Proposal

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.

Income Source

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

Feedback

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Lenders

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Tanya

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Roel Vogels

Netherlands

Nick Studenski

Minneapolis,  United States

Gabriel Fenili

Santo André,  Brazil

Rory McLaughlin

Dallas,  United States

Arjan Geven

Vienna,  Austria

Kelly

United States

Diane U

Olympia, Wa, Usa,  United States

Cloudways

Malta,  Malta

Vratik Krocik

Prague,  Czech Republic

KirstenAlana

Los Angeles,  United States

Kevin

San Francisco,  United States

Dave Bogard

New York,  United States

V

Victoria

United States

H

hilde

seattle,  United States

R

Ru

New York,  United States

G

guenter

Bremen,  Germany

D

Divergent

Bethesda,  United States

M

mkfiddler

Santa Barbara,  United States

A

AndrewC

London,  United Kingdom

SH

Steven Huntington

London,  United Kingdom

LM

Lee Montecucco

Washington State,  United States

K

Kindra

USA,  United States

C

Camm

Australia

MG

MICHAEL GANN

United States

EH

Ed Hendrickson

Ames, Iowa,  United States

Show all

Loan Info

Disbursed amount

$442.44

Date disbursed

Apr 11, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $442.44 = $22.11

Credit risk payment: $66.36

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