Power connection so that i can use electricity
Charles
Bondo -usenge, Kenya
71% repaid
Entrepreneur
Name
Charles
Member since
May 2015
On-time repayments
21 installments • 43%
About Me
I dropped out of school because my parents could not pay fee of ahigh school.
I joined a friend who was a bar bar in his shop. After two years, i started my own shop from my savings.
Am blessed with a wife & four children namely -Tim a 4th year, Vivy a 3nd year & betty a 2nd year in high school. Last born Juma aclass 4 in primary. I love studying the bible.
My Business
We offer services of shaping, cutting or shaving our clients hair. Our services are in high demand because people here like to appear smart, & also we offer our services to more than 5 schools in our neighborhood.
I like seeing people smart and also i admired the way my friend was working that is why i started this business. I pay my rent at 30$ per month. In a good day i fetch as much as 7$. With part of my profit i already have started a mini electronic shop which am planning to expand soon. I also pay school fee from my profit.
Loan Proposal
I have been using wet cell and an inverter in my bar bar shop. Now i want to install power. I will buy electric cables at a cost of 50& , the remaining i will use in buying another saving machine. With electricity & another machine i will expand the business, instead of one person working two people will be working at the same time. Customers will be served faster,that means more profit. Like 12$ per day is expected and also Job opportunity for one will be created.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 19, 2015
Repayment status
Late
Projected term
5 months
Lenders
Göteborg, Sweden
United States
Finland
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