Purchase of saloon items

Lucy Wema

Kaptembwo, Kenya

42% repaid

Entrepreneur

Name

Lucy Wema

Location

Kaptembwo, Kenya

On-time repayments

47 weekly installments  •  4%

About Me

I was born 23 years ago and went to school in Nakuru county till secondary school. After that i went to a vocational training school where i attained a certificate in hair design and dressing. I have been in this field for almost 6 years and i was so much inspired by peer friends who told me that the best way to earn a good living is through self employment. Currently am self employed and i earn a living through hard work.

My Business

I run a small salon within my area of residence. In this salon, i source and supply materials for hair design and dressing, i weave and as well sell some women wear within the salon. My clients are women and children. I look forward in future to turn it into a fully fledged boutique and also use the East African Market to expand my business so that i achieve my goal of becoming a sustainable woman entrepreneur.
My goods and services are in demand since women love fashions and love themselves as well. I chose this business since it was what i was taught in college and i have passion for it.

Loan Proposal

I will want to purchase assorted perfumes, oil and hair designs for sale in my salon. This will cost me 47 dollars and this will really boost my business now that we are nearing Christmas and other festivities.It will increase revenue and income therefore meeting my obligation of business growth.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.09

Date disbursed

Dec 2, 2014

Repayment status

Late

Projected term

10 months

Cost to entrepreneur

Lender interest: $50.09 at 5.00% annual rate over 10 months = $2.30

Service fee: $50.09 at 5% annual rate over 10 months = $2.30

Upon joining Zidisha, Lucy paid a lifetime membership fee of $8.86.

Lenders

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