Purchase of blowdry machine

Beatrice

Eldoret Mailinne, Kenya

100% repaid

Entrepreneur

Name

Beatrice

Member since

April 2015

On-time repayments

291 installments  •  76%

About Me

My names are Beatrice Odhiambo I am 55 years old, Born in Nyanza province.I am the firstborn of the six children in our family. I am married and also blessed with six children. My first four children are already married while the last two are in college and high school respectively.
I was educated up to the old primary school level after I got married and also fortunately by the grace of God I became an ECD teacher I also in 2012 started The business which has really helped me and my family a lot.

I also have a Barbers shop where we cut men's heirs and salon for women heir styling at all seasons. This was begun latter after the first business was launched.

My Business

My business is salon business and ECD school,located at Tiri Mbili estate Eldoret Town.I started the business in the year 2012 and 2014 respectively with a capital of US Dollars 280 and us dollars 300.
My monthly cost of running the business is US Dollars 600 while average Gross profit before the expenses is usually approximately US Dollars 500.
The following is how I normally use profits from the business :-
10% I give tithe to the church
70% Up keep i.e food and rent
5% Savings
15% I support my aged mother and two siblings

Loan Proposal

Thanks you lenders for giving me an opportunity to get the credit from you.Given funding I will use my loan to buy blowdry machine worth 50 US Dollars .
By doing so I will be able to improve on the efficiency of my business thus build customer confidence and will be able to repay my loan conveniently.

Thanks in advance.I look forward to your wise consideration.God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 6, 2015

Repayment status

On Time

Projected term

2 months

Lenders

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

E

E

Marin county, United States

mepster

San Francisco, Ca, United States

I

idris

United States

Paul

Seattle, United States

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