Purchase of shaving machine for my barber shop

Christopher Kuria

Thika, Kenya

100% repaid

Entrepreneur

Name

Christopher Kuria

Member since

April 2015

On-time repayments

250 installments  •  72%

About Me

My name is Christopher Kuria. I am a father of three children, born and raised in Gatanga, Muranga County. I lived in Makongeni phase 5 plot 94. I am a hard working person. I finished my secondary school in the year 2000. I didn't join college due to financial problems and these because my parents were jobless. I started to help my parents on farm work and in that time life was very hard because of the little money I got, some I gave to my parents to assist in paying school fees for my little siblings. I work hard to see my children will not suffer like I did and that I can educate them without problems. I like to pass time visiting orphans just to encourage them about life.

My Business

After finishing my high school, I started farming where plucking tea was the only option. Tea plucking is a bit profitable in my region because I could earn KSh 300 per day. With my little savings, I managed to pay for a barber course which I attended in the afternoon after finishing morning chores. After completing that course, I worked in a different shop to get experience and from there I relocated to Thika and started my own shop. I now have many customers due to affordable prices and good services that I offer.

Loan Proposal

I plan to purchase a shaving machine and my proposal is as follow.
(i) WAHL super taper no.8167- cost..USD 80.
and the rest will cater for transport and some after shave spirit.once i purchase that machine my profit margin will increase by 30% and these because i can hire someboby else to help me at my work place.

Show original English  

About Me

My names are Christopher kuria a father of three children,born and raised in Gatanga Muranga county,i lived in Makongeni phase 5 plot 94 .am a hard working person i finished my secondary school year 2000 where i dint join college due to financial problem and these because my parent were jobbles.i started to help my parent on farm work and by that time life was very hard,because the little money i get some i gave to my parent to assist school fees for my little siblings.i work hard to see my children will not suffer like i did and that b i can educate them without problem,i like to past time visiting orphans just to encourage them about life.

My Business

After finishing my high school,i started farming where plucking tea was the only option and these because tea plucking is a bit profitable in my region bcoz i could earn ksh300 per day.with my little saving i manage to pay for a barber course which i attend afternoon after finishing morning chores.after completing that course i work in different shop to get experience and from there i relocated to Thika and start my own shop, in which by now i have many customers due to affordable price and good services that i offer.

Update
Having started my barber shop, I have managed to establish my barber shop. In the last year I have a client base of a hundred customers a week. Since then my profit margin has grown to 8000 a week.
Due to the success, I wish to to start a small barber shop in the outskirts of thika in Makongeni township

Loan Proposal

I plan to purchase a shaving machine and my proposal is as follow.
(i) WAHL super taper no.8167- cost..USD 80.
and the rest will cater for transport and some after shave spirit.once i purchase that machine my profit margin will increase by 30% and these because i can hire someboby else to help me at my work place.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.13

Date disbursed

May 11, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $3.75

Christopher opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

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Summary

Amount repaid

$105.14

Amount remaining

$0.00

Date repaid

Sep 21, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 24, 2015 $5.53 May 24, 2015 $5.53
May 31, 2015 $5.53 May 24, 2015 $0.02
Jun 1, 2015 $5.51
Jun 7, 2015 $5.53 Jun 1, 2015 $0.04
Jun 9, 2015 $5.49
Jun 14, 2015 $5.53 Jun 9, 2015 $0.07
Jun 14, 2015 $5.47
Jun 21, 2015 $5.53 Jun 14, 2015 $0.09
Jun 21, 2015 $5.44
Jun 28, 2015 $5.53 Jun 21, 2015 $0.11
Jun 29, 2015 $5.42
Jul 5, 2015 $5.53 Jun 29, 2015 $0.13
Jul 5, 2015 $5.40
Jul 12, 2015 $5.53 Jul 5, 2015 $0.16
Jul 12, 2015 $5.38
Jul 19, 2015 $5.53 Jul 12, 2015 $0.18
Jul 19, 2015 $5.36
Jul 26, 2015 $5.53 Jul 19, 2015 $0.20
Jul 26, 2015 $5.33
Aug 2, 2015 $5.53 Jul 26, 2015 $0.22
Aug 2, 2015 $5.31
Aug 9, 2015 $5.53 Aug 2, 2015 $0.24
Aug 10, 2015 $5.29
Aug 16, 2015 $5.53 Aug 10, 2015 $0.27
Aug 10, 2015 $5.27
Aug 23, 2015 $5.53 Aug 10, 2015 $0.29
Aug 16, 2015 $5.24
Aug 30, 2015 $5.53 Aug 16, 2015 $0.31
Aug 23, 2015 $5.22
Sep 6, 2015 $5.53 Aug 23, 2015 $0.33
Aug 30, 2015 $5.20
Sep 13, 2015 $5.53 Aug 30, 2015 $0.36
Sep 6, 2015 $5.18
Sep 20, 2015 $5.53 Sep 6, 2015 $0.38
Sep 13, 2015 $5.16
Sep 27, 2015 $5.54 Sep 13, 2015 $0.40
Sep 21, 2015 $5.14

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