Replacing my blow drier

Entrepreneur

About Me

My names are lidia nyangewso,I am the second born among 6 siblings ,I went to Awendo primary school and lwanya girls for secondary school but had to drop out of secondary school in my third year due to lack of fees.
I went to Nairobi after dropping out of school and got a job as house help.I worked for two years and saved money that I used to pay fees to learn hair dressing and beauty. After completion of training ,,I worked in a salon as casual for two years then opened up my salon.
I have a five year old daughter and she wants to be doctor when she grows up because she admires doctors when she goes to the hospital.
I am very social lady and ,I love making stories with friends when free and reading novels.

My Business

I provide beauty services such as hair dressing,facial scrubbing ,manicure,pedicure and massage.
The demand for the services are high due to high number of people who need and can afford make up.
I c choose these business because I new it had a lot of opportunities for growth and it has good income
my monthly typical costs are $100 and my monthly revenues are $400 per month.I use my profits to pay fees for my child and help my parents.I always save 25% for business expansion.

Loan Proposal

Dear lenders,I would use the money to buy a blow drier that I would use in my business. Due to lack of enough money I bought a substandard blow drier that often over heats and breaks down making me suffer huge losses. The cost of good,original blow drier is $230 and I would spend the loan by adding the $59 i would receive to my savings and buy a drier. thank so much in advance.

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Loan Info

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