Purchase of washing machine and shaving machines
Samson
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Samson
Member since
September 2016
On-time repayments
78 installments • 92%
About Me
My name is Samson Maisy, I come from a family of six, born and raised in Nakuru town. I attended langalanga primary then I joined Nakuru day secondary. I moved to Nairobi and joined management University of Africa. For my degree level. Am a passionate business man, an entrepreneur in the making and I love being an innovative business man.Am married with a daughter three years old Currently I live ni Nairobi a city full of business opportunities. What motivated me to start a business is the desire to create jobs for my generation and to be a self reliance person. Am currently working as a part time accountant at prestige shuttle tours and travel. I spend most of my time developing my business
My Business
currently am working in a private company.I wish to start my business and build a business which is very successful in the Nation of Kenya and world wide.the type of business that I intend to start is a cosmetics business currently the demand for beauty products is very high in the country.my business plan is to start a beauty shop which will cost about 3000USD.my target income per month is 4500USD .which is every achievable in the country since the demand is gradually increasing.the business has not been fully exploited since there are very few operators in the market.with the kind of education I have attained I believe I can bring a great impact in the market by the use of technology as a means of advertisements.
Loan Proposal
The amount if approved will be used to purchase more modern washing and driers.The business requires about three of this machines which costs Ksh 15000 each and a total of 45000. I also need to buy five new shaving machines at a cost of Ksh 2500 and a total of Ksh 12500.
Since the business is growing, the queuing time and waiting time will be reduced drastically because more people will be served using the new machines. I project profile increase by 25%for the first quarter.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
Aug 31, 2018
Repayment status
On Time
Projected term
1 week
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