Purchase of more equipments for my beauty shop

Vincent

Kericho, Kenya

100% repaid

Entrepreneur

Name

Vincent

Member since

February 2015

On-time repayments

221 installments  •  21%

About Me

I am Kiprono Vincent a graduate having completed my bachelors degree in business at Kenyatta University in Kenya.I have come across various challenges in that include being unable to afford fee payment in the university but due to the investment that my guardian funded me with i was able to establish a beauty Enterprise that as been performing greatly thus boosting my upkeep through the university studies.The culture where i reside from is faced with the challenge of ignorance and not being civilized whereby one cannot afford to continue with the education because of the myths of the society.For now i have no children but because of the enterprise that i have established though small it could be as been have to make relevance to my fellow young generations about widening of mind to be an own boss than waiting to be old for one to start a business.Kenya is a third world country and it focuses its agenda in the young generation to come up with their innovations thus earning a living.About my hobby i like playing football.

My Business

I want to start up a farming in my locality. Due to the covid 19 pandemic my business was closed up, since many clients avoided visiting the beauty shop.

I have decided to resort to start up poultry farming where I intend to add more 50 chicken more to the existing chicken in my poultry farm.

The poultry having is a profitable business thus it would help me grow to become a large scale farmer who would strive to feeding a large population and there after growing the country's economy.

Loan Proposal

If i will be accorded the chance to benefit the loan i will first purchase a shaving machine which costs $35 .After purchasing the machine many customers will be attracted to my business since my people like new things.I will benefit in a way that i will be having less stress about who to finance my business in terms of renovations.My profits will not increase that much but if it could maybe by $20 in a monthly basis.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 2, 2015

Repayment status

On Time

Projected term

45 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Vincent    Aug 24, 2022

    I was not able to open up my business for the past one week. I had lost a neighbor as such I am able to make payments next install since my business will resume tomorrow.

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  • Vincent    Jul 19, 2022

    My loan helped boost my stock levels considering the inflation level that has been high in our country.

    I was able to refurbished my barbershop/beauty shop to march the needs of my clientele.

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  • Vincent    Jun 17, 2022

    I was able to equip my beauty shop with the profits I earned from the previous loan.

    I have a plan to set up a timberyeard since the business is profitable. I can start as little as Ksh. 2000 and grow the business.

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  • Vincent    May 31, 2022

    Sorry I had not completed paying the loan balance. I had not accessed my email address for long. Thanks for the volunteer colleague who called to remind me. I have since made the payments immediately.my smart phone got lost but I have since purchased a new one.

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  • Vincent    Mar 28, 2022

    My loan has helped me add the equipments to my beauty shop.
    For now I need to expand my business so that I can employ more human labour and in turn create employment opportunities to my fellow youths

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  • Vincent    Jan 16, 2021

    The loan i took.helped me grow my poultry farm, during the covid 19 pandemic we were reatrenched from work and thereafter i had to start my poultry farming
    I now have 50 chicken in my farm, it has helped me be able to pay my brothers and my child school fees.

    I am much thankful for your assistance, you have left a mark.in my lifehood.May God bless you more and more

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  • Duncan    Jan 7, 2021

    He has promised to continue paying after he gets good profit next week by Wednesday.

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  • Vincent    Jan 1, 2021

    My returns has been little for the past two weeks

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  • Vincent    Dec 4, 2020

    My business is not giving me good returns as i had projected thus affecting my commitment to repaying the loan in time.

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  • Duncan    Dec 3, 2020

    I have reminded Kiprobo to be honest with his loan repayment to safeguard his future credit pervlcebtage as well as trust to the lenders.

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  • Vincent    Nov 12, 2020

    I had a short fall in my earnings this month.

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  • Vincent    Oct 19, 2020

    I have been off from home thus I didn't manage to manage my poultry farm well. I have been having busy engagements but will be back home tomorrow. Thus I will make sure I start paying my loan that I have delayed paying.

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  • Duncan    Oct 15, 2020

    Kiprono has a challenge with his business though he has promised to send part of his loan by this weekend.

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  • Vincent    Sep 12, 2020

    I am much grateful for your continued support in uplifting the less fortunate.

    The loan will help me grow my poultry farming and help myself to be self relaint

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  • Vincent    Sep 7, 2020

    Thanks for the loan. The loan assisted me to increase the number of poultry chicken . I now have a reasonable number of chickens that will boost my income.
    For now I am focused in enlarging the poultry building that houses the chicken so that it can accommodate a bigger.
    Thanks for always minding to enlighten the community and for a good funding that is changing lives.

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  • Vincent    Jul 25, 2020

    Thank You for the accepting to lend me the loan. The loan would help me to boost my poultry Farming and out of this would help me nurture my young friends to start up business.
    I would be always grateful for Zidisha foundation for striving to assist the less fortunate in the society.

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  • Vincent    Oct 28, 2018

    I completed school thus I am now able to commit to pay this amount henceforth

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  • Vincent    Jul 6, 2016

    I had closed up my investment but I am to reopen it tomorrow thus the need to start making the payments promptly

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  • Vincent    May 13, 2016

    I have relocated my business thus am yet to begin my operation.

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  • Vincent    Apr 6, 2016

    My business has been able to close down to pave way for expansion but in weeks time it will resume work.

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