Renovating my shaving business

Hillary

Nakuru, Kenya

15% repaid

Follow Hillary

How it Works

Entrepreneur

Name

Hillary

Member since

July 2013

On-time repayments

331 installments • 45%

About Me

Thank you lenders for giving me this chance to be able to be getting affordable credit. I live in sewage in nakuru town. since i left secondary school i was not fortunate enough to land on a good job and i took any job that came my way. I was finally introduced on kinyozi job where i i was trained to shave people heads, do head massage and apply medicinal ointments. Soon i was able to do the job well and got many customers who really liked and appreciated the way i shaved them. But not all was rosy since starting up requires alot of capital in rent and equipments. Initially, i partnered with a friend to start off and finally i have started my own kinyozi.

My Business

As i have stated, i earn my living on shaving people. There is a very high demand for quality services as modern day customers have become very sophisticated with their tastes and preferences. My customers prefer my business because I make sure that every customer is attended to his/her satisfaction. I have also gone an extra mile to purchase quality ointments so that my equipments are disinfected throughly before and after the shave. My business generates a monthly turnover of about twenty five thousand, and expense in electricity, rent and ointments are about fifteen thousand. i make around ten thousand shillings monthly. I intend to purchase a solar panel system and a battery to cushion myself with electricity costs and also be able to shave my customers in event of electrical blackouts.
After purchasing solar panel system and battery now my business is doing much better.. My clients are very happy since incase of electrical blackouts they are still attended to their satisfaction. Now my business generates a turnover of about 60 thousand, after reducting expenses I make around 35 thousand.. I now intend to expand my business and have a bigger space to serve many clients..

Loan Proposal

Thanks lenders for giving me this chance to be getting affordable credit..I intend to start buying new babering chairs and replace the old model that am using now so that clients can be more comfortable while being served.