Salon business to maximize revenue during Christmas

Millicent

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Millicent

Member since

September 2017

On-time repayments

36 installments  •  100%

About Me

I am an energetic young woman who undertook both my primary and secondary education in kisumu then moved to juja where I attained my bachelors degree in statistics from JKUAT.Was raised by a single parent but strived hard and studied well to get to where I am.Where I live there is neighborliness,people live as one in the community.I love reading novels and travelling.

My Business

I do data entry for various farmers in the community approving all the services done and monitoring how the cane they plant develope over time.The data entered is later used to assess usefulness of a farmer and productivity of the various lands and this sources my income.The revenue I get is used to facilitate my daily uses and remainder in various business ventures.

Loan Proposal

I will use the loan as a start up capital towards opening a salon.Together with a friend who is a good salonist,we have decided to open up a small salon majorly during this festive season as most individuals like their hair new and looking nice for the purpose of the holiday.The population is also abit high around this time as most people are available in readiness for Christmas and new year celebrations hence a great chance of giving the business a goodstart up.We therefore need some capital to buy the braids,weaves and various salon products like shampoo and oils necessary for hair.The little profit that we get will hopefully be pumped back into the business to facilitate growth of the salon.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

Dec 25, 2017

Repayment status

On Time

Projected term

3 months

Lenders

M

mgeck

Munich, Germany

J

JohnH

Livonia, Michigan, United States

sderickson

Berkeley, CA, United States

P

prince85

United States

Paul Buchheit

Mountain View, United States

United States

DO

Denis Ontiveros

Guildford, United Kingdom

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