Provisions for my barbering shop

Jonas Okai

Nkonya Ghana, Ghana

100% repaid

Entrepreneur

Name

Jonas Okai

Member since

November 2016

On-time repayments

89 installments  •  93%

About Me

My name is Jonas Okai and 27 years of age.
I had my primary education from at the age of six where i was first enrolled into primary one. Spend six year in primary school. From primary school i continue in junior high school and completed ten years ago. The support was not readily available at home and so i quickly catch my passion of barbering hair.
2014 i established my own barbering shop which serve people around my neighborhood and other places. Little did i know i was up for greatness, since the establishment of the shop i have never look back. The shop have become my daily life safer. I get my daily income from it and it well establish business.
I have devoted all my time and energy for this shop, although in between time do social media most time i am at my shop.

My Business

I run a barbering shop which belong to me.
On weekends lot of people come to barber their hair. I can boldly say Saturdays are my favorite because lots of costumers find time to come to barber hair. I have three guys who assist in the shop. They are not permanent workers because i cannot paid them. They mainly friends who will love to help any day this make saving costumer very fast. Although it in my plans to expand and create employment for other young guys who have the passion like me to earn their living.
The shop has four shaving machines used for barbering.
I used $400.00 in setting up the barbering shop and on average, i make $50.00 per week.
I used part of my income to buy consumables such tissue paper, sterilizer, repair of the barbering machine.
Part of my profit is used for savings to expand the shop in the near future.

Loan Proposal

6 bottles of mentholated spirit cost $8
5 razor blades cost $8
10 pieces of dressing tissue paper cost $10
1 hair cream cost $4
These items will help my to do my barbering work with
efficiency.
I know if I am able to get the above, business will be good.
My aim is to extend my store to employ others who have talent
like me, so that they can also earn money to live

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$28.66

Date disbursed

Feb 20, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $0.76

Lenders

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Paul Buchheit

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Craig Newmark

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Humble Bundle Community

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Anonymous

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Jeff

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