Repaint my barbershop/beauty parlour

Daniel Kibera

Ruiru, Kenya

3% repaid

Entrepreneur

Name

Daniel Kibera

Member since

January 2015

On-time repayments

102 installments  •  2%

About Me

About Me. My name is Daniel Gichuru 24 years old, was born in Kiambu County, Ruiru District, Githurai Division, Murera Ward, Murera Village. My early childhood was so interesting since I regained the passion of music and beauty, I schooled in a government institution since my parents were still undergoing the hardships of day to day life though I was top in class. I have gone through difficulties to find myself that I have a grown business, wereby I used to save the list of my cash to open up a barbershop and beauty parlour after struggles for years. My culture is the leading in our Nation hence we do Agriculture but more into business. I have a young family and hence my wife supports me at our job place. A father to 1 son of age 2 i would want him to have the best life than I did by training him to be content with what I earn but more so to work hard in his studies. Writing down scripts is one of my hobbies and what I do during my off days.

My Business

I offer hair cuts and beauty stuff that's manicure Pedicure, Facial and tweezing. Due to demand and changes in the society people have become enlightened on how to keep their looks classy and tiddy. I chose my business since I checked around what am good at and found barbering/ beauty was in me though I trained through a friend and online. My Revenue is Ksh7500 thus Dollars93.75 annually though still on purchase of cosmetics I pay taxes. I use my profits to pay basic needs and to run the business as I save the remainder.

Loan Proposal

I Daniel Gichuru i will use the loan to buy Paint and Pay my carpenter hence i will use 4litres of Pink paint for the entire Walls and 4litres of Purple paint for Decorations thats Flower Deco. For every 4litres of paint will cost me Dollars 31.25 and the labour for my carpenter will be Dollars 25 the reminder Dollars 11.43 will cater for my transport to purchase the paints from the dealer that's Ramco paints. Repainting my job place will create a new environment and a new good look to my eyes and to that of my customers, hence adding my profits from Dollars 25 to Dollars 50.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 23, 2015

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $100.16 at 2.55% annual rate over 24 months = $5.07

Service fee: $7.36

Lenders

YB Song

Seoul, Republic of Korea

P

Prysdahl

Marshall, United States

chadgibbs

Loveliest Village, United States

P

prashant

SUNNYVALE, United States

G

gregc

Calgary, Canada

S

solarkismet

Logan, United States

Y

Yecats

New York, United States

E

ElliottGarlock

Palo Alto, CA, United States

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

C

CJAnderson

Sydney, Australia

N

Neveda

Flagstaff, United States

U

UTLonghorn

Lincoln, United States

ashleeandjeanelle

Auckland, New Zealand

F

Fintons

Grand Rapids, United States

dmirpuri

Bangkok, Thailand

E

elourenco

Porto, Portugal

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