Purchasing more shaving machines in my barbershop

Peter

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

October 2014

On-time repayments

321 installments  •  78%

About Me

Am peter mutembei kapindu ,i leave in nakuru town ,Langalanga village.i attended school at Nakuru day secondary school,I have been working for the last 12years in prestige shuttles tours and travel.i have dreamed to start my business since childhood because my father is a businessman in Nairobi.am encouraged by my friend and workmate to join zidisha since i have seen it work for him.one thing unique about Nakuru is that the people are always ready to uplift the life's of other people within the area.currently am not married.

My Business

My business is located at Kanu street in Nakuru town.my business is called carosa beauty and cosmetics.i started this business because i realized that there was a great demand of cosmetics within the area and most of the saloons in the area used to go and buy from town about 4km.mostly i sale in wholesale and also in retail.most of my customer love to buy from my shop because my prices are affordable and i also some times offer small credit to those who are frequent customers.the business is profitable because i deal with beauty products which are in high demand and they sale faster.the risks that currently am facing are the introduction of tax which was not there before,this has affected the business by increasing the cost of operation.also the challenge of high cost of leaving has affected the business .my typical monthly cost is around 70,000 to 84,000 although sometimes the cost varies in different months,some month cost of operation is higher when there is more sales.sales ranges from 129,000 to 164,000per month.i mostly use the profit i get in increasing the stock.my alternative way of paying the loan is through my salary.am employed and i have a pay slipayment of any loan that can facilitate p

Loan Proposal

Am planning to buy at least five shaving machines costing USD156.25,the number of customers has really increased to a point where more machines are required. by adding the number of machine am creating an avenue of increasing my daily revenue.i expect the profit margin to increase by double digits since am planning to make every machine to maximize its output per day . my target iUSD4 per day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$84.00

Date disbursed

Jun 5, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

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  • Peter    Feb 14, 2022

    I leaders things are going worse in our country,,,I have not yet open my business due of lack capital,,since day I told you what happen in my business promises. I would like to reduce my installment for the next 2installement.thank you and God bless you

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  • Peter    Jan 11, 2022

    I leaders I would like to adjust my installment amount,,for the next 2 installment.thanks may GOD BLESS YOU

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  • Peter    Jan 11, 2022

    I leaders,,,hope you are doing well,,I have not open my business,,since the day I told you thief's break my work place,,and steal everything,,,I am waiting one of my friend to give me some money next week,so that I can start my business again.thanks and ,,God bless you.

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  • Peter    Jan 4, 2022

    HI leaders,,I would like to reduce my payment,,for next four installment.

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  • Peter    Dec 30, 2021

    dear leaders,,greetings.on my side things are not going well,,,as I told you my beloved leaders last time' my place of work was demolished,,I got another place,,but I don't money for,so that I can purchase new machines for my barber,and small things so that I can start a fresh.I am requesting,please Wether you can top up my my loan,,with a small amount like 20.000.so that I can open my place of work,,,,,am totally broke.GOD BLESS you guys.

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  • Daniel    Dec 9, 2021

    Dear Lenders,
    Greetings
    Have tried to reach the applicant but his cell phones are switched off,will keep trying and advise

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  • Peter    Dec 6, 2021

    hey my beloved leaders,,hope you are doing good,,first I want to apologize for not paying my loan on time,,,my place of work was demolished,,at night one month ago,,,and they steal everything.so I got another place,by next week I will resume,thanks and GOD bless you.

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  • Peter    Oct 24, 2021

    I leader's,,I would like to reduce my installment for the five installment,,,thank you' may God bless you.

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  • Peter    Sep 14, 2021

    I my beloved leaders,,,I would like to reduce my installment for the next five installment,,,thank you and GOD bless you.

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  • Peter    Sep 7, 2021

    I leader's,,,I would like to stock men's and children's sweaters,,jackets and coats during this season,it's very chilly and rainy,I believe this will give me good returns,and I will able to clear school fees for my children.I am hoping my profit will increase from 44.000 to 120.000 Kenyan shillings.Thank you my leaders,,GOD BLESS YOU

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  • Peter    Sep 1, 2021

    i was able to restock my boutique with mens wear trousers and blazers did also afew sweaters and jackets for children because it was a rainy season then later was able to to buy other cosmetic products like braids

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  • Peter    Sep 1, 2021

    I would first like to say thank you so much to you dear leneders for your continous support ,last year businesses had alot of challanges due to the global pandemic of covid 19 y but am happy the money really help me in stocking my business without diffulty and the profits which i made i was able to pay afew debts which i had incurred due to the pendamic,the profits also helped me to go back to my normal living and i was also able to pay my children school fees without diffuculty

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  • Peter    Aug 15, 2021

    hae my leaders,,,I would like to reduce my installment in the next 5 installment,,,thanks God bless you

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  • Peter    Jul 11, 2021

    hi leaders,,,I would like to reduce my installment,,for the next 5 installment.thank you,,may GOD BLESS YOU people.

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  • Peter    Jun 7, 2021

    hi my beloved leaders,,I would like to change my installment amount, in the next five installment.thanks and GOD BLESS YOU PEOPLE

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  • Peter    Apr 23, 2021

    hallo my leaders,,I would like to reduce my installment,for the next five installment.thank you,,and GOD bless you people's

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  • Peter    Mar 9, 2021

    I leaders hope are doing good,,,I would like to adjust my installment,,for the next five installment.thank you,, may God bless you people's.

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  • Peter    Jan 31, 2021

    hae my beloved leaders,,hope you are doing good,,I would like change my installment,for the next five installment.thanks

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  • Peter    Dec 28, 2020

    hey leaders,,hope you are doing good,,I am requesting to change my installment amount,,please assist me.thanks alot GOD BLESS YOU.

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  • Peter    Nov 16, 2020

    I leaders,,,I cannot pay the full installment due.I would like to reduce my payment.thanks,may GOD BLESS YOU GUYS

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