Repainting of business room
Maxwell
Thika, Kenya
$26 to go
52% funded of $54 goal
0
days left
Entrepreneur
Name
Maxwell
Member since
January 2017
On-time repayments
62 installments • 39%
About Me
Hello dear reader, my full name is maxwell Kamau macharia aged 30 , was born in Thika kiandutu Kenya , a low income slum setting at the outskirts of Thika town. Went to a public primary school called kamenu primary school where I qualified to join a secondary school in the year 2001, ( Giachuki secondary school) . completed in the year 2005. Got a pass of C+ , lacked finances to join a college therefore engaged in small businesses up to now where I operate an electrical shop and barber shop.
My Business
I established a small barber shop in the year 2015 in Runda , a small growing town with a capital of kshs 20,000 which I had saved over time.
Budget : Wahl barber machine - 7000/=
Chair - 5000
Mirror-1000
Rent - 5000
Accesories- 2000
With the initial amount I have been able to plough back profits in the business and in the year 2016 , was able to purchase a computer and a printer to offer computer services to the locality. It cost me 25,000/= ( 250 dollars) .
Due to growing demand by customers I wished to expand my business and in one corner of the room establish an electronic shop selling simple electronic appliances like bulbs, sockets, wires, etcetera which will cost a budget of kshs 90,000 ( 900 dollars) .
The business has a potential to earn up to 30,000 kshs a month therefore will be able to repay the loan in few months time.
My biggest challenge is to raise the kshs 90,000/= I will be more than glad to get assistance. Thank you
Loan Proposal
Hallo lender , I wish to repaint my rental room to make it more inviting to my customers. The cost of paint is kshs 2000, painting cost kshs 1500, brushes kshs 600, turpentine kshs 200 other accessories kshs 500 . this will really grow my business to the next level to beat competitors, looking forward . thank u
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Loan Info
Project Type
Classic Loan
Amount requested
$54.00
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