Entrepreneur
Name
Esther
Member since
December 2015
On-time repayments
46 installments • 39%
About Me
Esther Nderu is a young lady passionate about beauty and a mother of 2 beautiful girls.
I studied upto form four and decided to pursue my passion - beauty. I attended college and after college my father started a salon for me.
Life has not been easy but I am determined to make sure that my girls never lack a thing. They are my pride and I will move every extra mile to make sure they are comfortable.
Following what my aunt told me about Zidisha I believe I will make many more extra miles. I look forward to be a part of this family I hear is so wonderful
My Business
I run a salon which is situated near where I stay, that is in Lakeview area in Nakuru. When I started the salon it was a bit challenging to have to get customers. With time I have managed to get steady customers, among them my grandmother who appears on my profile photo.
With steady steps up the business ladder I am now able to make at least Kshs. 3000/= on a busy day. In a month I am able to account for a profit of Kshs. 20,000/= after deducting the salon's expenses, the salon's rent, electricity bill, water bill and paying the girl who assists me.
The income I get from the salon, enables me to pay rent for my house, feed my baby girls pay their school fees and meet other needs
The main challenge I am facing is lack of an effective drier since the one I have has some defect. I have lost a few clients due to the time the drier takes. If I can get an additional drier, I am sure to have my clients back and also additional clients.
With additional capital I will be able to expand the activities at my salon as well as open an additional salon.
Loan Proposal
As mentioned earlier the drier that I have currently has some defect and needs replacement. I have been saving some funds to buy a new one.
The loan I have requested is to top up the funds I have accumulated so far to purchase a new drier.
The new drier will enable me to offer faster services to my clients and if possible retrieve back some of my gone customers.
The new drier is around Kshs, 12,000 (US$ 116). With this expansion I expect to boost my profit by at least 25% which will enable me to employ an additional staff.
I invite you to contribute to this my loan request and you can be sure it will go to good use.
Thanks in advance to all investors who will support me in this my endevor.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Dec 17, 2015
Repayment status
Late
Projected term
10 months
Ask Esther a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.