Refurbish my beauty parlor

Risper

Likoni, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Risper

Member since

February 2015

On-time repayments

130 installments • 15%

About Me

My name is Risper Mwikali, born in Kitui County Kenya. I was born in a family of 4 where I am the second born and the only girl in the family. Kitui is a hardship area and much neglected by the government since it is a semi arid area with very few resources. I grew up in this environment into adulthood where I decided to relocate to Mombasa to live with my elder brother while looking for greener pastures.

With help from my brother and parents, I enrolled for a hairdressing course in Mombasa where I was trained for one year. I got a job thereafter and I started saving to start my own beauty parlor since that was dream all along.

With my savings, I was able to open my own place three years ago and I am still running the business. I am a mother of three children and I work very hard to provide good education for them (they are all in school) and secure their future.

My Business

My business deals with beauty where I serve ladies who like to look good. I do haircare and associated beauty work such as pedicure and manicure. I normally target the working people since they have some money to spend on their hair and bodies.

The business is doing well currently since I am able to serve my loyal clients as well as winning ones. I make a profit of about $200 per month which I use for my family's upkeep.

Loan Proposal

As mentioned above, my business deals with beauty. My clients always expect very high standard which can be overwhelming at times. My parlor needs a fresh coat of paint as well as a floor carpet since the old ones have faded away. It is also a requirement by the local authority for the business premises to have a new paint at the beginning of every year.

If given this money, I will use half of it to repaint my parlor and the balance to buy a carpet so that my business can reach the required standard. Without these two, I might not get a license to operate from next month. For this reason, I have come to appeal to you lenders to support me so that I continue with what I know best.

I would have liked to finance this using proceeds from the business but there are so many competing needs for the little money that I collect from the business. The money will be a big boost to the business and I money will continue to stream in.