Power fluctuation

Godfrey Awino

Mlolongo, Kenya

100% repaid

Entrepreneur

Name

Godfrey Awino

Member since

February 2015

On-time repayments

67 installments  •  55%

About Me

I was born and brought up in a part of Kenya known as Kisumu. I went to Ogango Primary School and Kotienditi High School after which I joined Directorate of Industrial Training in Nairobi for my Tertiary Education. I did a Certificate in Electrical Installation but didn’t manage to secure a permanent employment after my college studies. From the little savings that I had made out the odd jobs that I was doing a little cash from my friends, I managed to start an executive barber shop where I now work full time. In a culture where growing of too long hair for men is not encouraged, I saw barber services as a great business opportunity. I have one child at the moment who wishes to become an Economist when he grows up. During my free time, I like playing chess, watching football, and taking a nature walk.

My Business

In my business, the major service is shaving of hair and beards, on top of other services like charging of mobile phones which also gives me an extra income. Considering that most of my neighborhoods are not connected to the national grid, they are forced to search for somewhere to charge their phones and that is where I come in. My business profits per day ranges between $10 to 15$ and I work for 6 days in a week. I use this part of this income to support my family since I’m the sole bread winner and the remainder is what I use to develop my business.

Loan Proposal

I intend to use this loan to buy one Power Generator which goes for $170 and washing sampo/ hair oil 5 liters which go for $ 25 each. This will help me attend to my customers in time and avoid closing the business when there is black out , which sometime leads to loss of business since some customers don’t have that patience. This will also help me create employment to one more citizen and in the process uplift someone else’s life. Holding other things constant, I expect my profit to grow by 0.7. I hope you consider this application. Thanks in advance and may God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$189.52

Date disbursed

Jun 2, 2015

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $7.47

Lenders

C

Christian

Saarbruecken, Germany

valentin

Stockholm, Sweden

S

SovTempest

Toronto, Canada

AdamP

Sunnyvale, United States

I

Interfree

Dubai, United Arab Emirates

Zidisha

Sterling, United States

A

ashtanga99

Newport, United States

MindMuse

Talking Rock, United States

OliverSouthwick

London, United Kingdom

Kysera

Crawfordsville, United States

S

SelvaMarcus

Green Cove Springs, United States

P

penguin3694

Chicago, United States

N

nichsafti

Menlo Park, United States

A

Austin

Long Beach, United States

ads68

Melbourne, Australia

M

memorissima

milano, Italy

fairspirit

Utrecht, Netherlands

F

flaguy999

Tampa, United States

L

LindsayB

Sydney, Australia

B

bonndan

Bonn, Germany

gseletko

South Perth, Australia

Z

ZandC

Sacramento, United States

Matthieu

Switzerland, France

J

jinx83

Brisbane, Australia

C

Clben7

Cincinnati, United States

Matching Fund

Sterling, United States

araidia

United States

Romojo

Paraparaumu, New Zealand

S

spivurno

United States

Pankratio

EastVan, Canada

joshuacollinson

Vienna, Austria

J

jbhernan

United States

mepster

San Francisco, Ca, United States

W

wesbh89

United States

J

jdelaporte

United States

A

AlexH

United Kingdom

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Cathy

Melbourne, Australia

PG

Paul Graham

United States

Christopher Hey

Sudbury, Canada

Ask Godfrey a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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