Shaving machine for barbering shop

Jonas

Nkonya Ghana, Ghana

100% repaid

Entrepreneur

Name

Jonas

Member since

November 2016

On-time repayments

89 installments  •  93%

About Me

My name is Jonas Okai and 27 years of age.
I had my primary education from at the age of six where i was first enrolled into primary one. Spend six year in primary school. From primary school i continue in junior high school and completed ten years ago. The support was not readily available at home and so i quickly catch my passion of barbering hair.
2014 i established my own barbering shop which serve people around my neighborhood and other places. Little did i know i was up for greatness, since the establishment of the shop i have never look back. The shop have become my daily life safer. I get my daily income from it and it well establish business.
I have devoted all my time and energy for this shop, although in between time do social media most time i am at my shop.

My Business

I run a barbering shop which belong to me.
On weekends lot of people come to barber their hair. I can boldly say Saturdays are my favorite because lots of costumers find time to come to barber hair. I have three guys who assist in the shop. They are not permanent workers because i cannot paid them. They mainly friends who will love to help any day this make saving costumer very fast. Although it in my plans to expand and create employment for other young guys who have the passion like me to earn their living.
The shop has four shaving machines used for barbering.
I used $400.00 in setting up the barbering shop and on average, i make $50.00 per week.
I used part of my income to buy consumables such tissue paper, sterilizer, repair of the barbering machine.
Part of my profit is used for savings to expand the shop in the near future.

Loan Proposal

Like i already said in my business, my shop require two replacement of shaving machines to release the burden on the already ones fashioning. I have already save some money for one and badly in need of money to buy one to add to it to make my work easy. The cost of one shaving machine is $ 43.00. If i am able to buy the shaving machine, it will increase my revenue since i can barber lot of people with the assistance from my friends who normally come to help out.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$43.00

Date disbursed

May 22, 2017

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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