Salon expansion

Joyce

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Joyce

Member since

January 2017

On-time repayments

10 installments  •  100%

About Me

My name is Joyce. I come from a family of nine. Growing up was not easy because of fight of resources from my brothers and sisters. Dad was the only bread winner. We would sleep hungry most of the times. Life was just a struggle. Despite of the struggle I managed to finish school and got a scholarship to university and managed to finish.
I looked for job but invain that's when I decided to start a salon business with the little I had. My passion is making people's hair and therefore I decided to start small but I haven't been lucky to expand my business.

My Business

My business is a hair salon where I make people's hair at a fee. I chose this kind of business because of my passion for hair. In a good day I earn about three thousand.. but ofcourse divide it in saving for the rent,buying hhair oils and paying for other expenses.
I have a baby who is schooling so I use some money to pay her school fees. I would really like to qualify for a loan to use it in expanding my salon business in terms of buying hair products, artificial hair for selling as well as improving the welfare of my family.

Loan Proposal

I plan to expand my salon business with the loan by buying beauty products.
I also plan to buy hair products and resell them. In addition I want to build a barber shop inside my salon to expand my business so that I can improve the life of my family.
The hair products I expect to buy with the loan costs 5 dollars each.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Feb 5, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

Craig Newmark

United States

JV

Jose Vidal

New York, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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