Shaving machine for expanding my workshop

Thuo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Thuo

Member since

March 2015

On-time repayments

21 installments  •  57%

About Me

i grew up from a pleasant farming were my parents did casual labor to bring me and my sibling up then i join primary school ,were i sit for my primary grade certificate and excelled well, to be admitted to provincial school and due to financial problems i was forced to join a harambee village school i managed to attained a c plain despite all the challenges i faced in the course including be chased out of school due to lack of fees.
immediately after kcse i left my local village to nairobi were i started hawking with the little money i had left after i had paid my fare,on my hawking business i managed to do little saving with helped me to start my barber shop were i depended on for my daily bread and other daily needs.
in our cultural as young informed man,no one including your parents has to help you but you have to thrive by yourself.
am a fun of soccer and also a player ,i like making new friends, reading and watching movies.

My Business

as barber expert i do provide shaving ,massage ,facial,bleaching,manicure and pedicure among other services.
The services i provide are in high demand due high level of hygiene that we maintain and has to remain smart due to their work also our location gives an edge due to the location of our shop were many can access.we open early and close late to serve our diverse customers.
availability of internet service make it easy to advertise our services in the platform such us ,facebook,twitter,whatsapp,viber,instergram among others.
in my life i have passion of socialing with people and helping people, and this way i hope i help them look more appealing and better in their work place and society at large.
for any running business cost are inevitable since you have to pay for rent,water bill,electricity bill and other running costs.
sources of revenue are very minimal since we depend on service charges to our customers.
as a father and enterprenuer my priority is to maintain my family and the reminder of monies is for eduction to the kinds.

Loan Proposal

I will add an extra shaving machine, an extra chair , sterilizing machine and a plane mirror to cope up with increasing number of clients
shaving machine @ $63.9
chair @ $75.6
sterilizing machine @ $174.4
plane mirror @ $25.5
This will create employment opportunity to another youth as i will have to employ an extra barber and also increase my daily income thus raising living standard to myself and my employee
This will doublemy profit.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 7, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Pedro Lopez

United States

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  • Thuo    Oct 6, 2015

    I am gland that I received ksh 4000 which were enough to purchase a shaving machine and some detergents like perfume and shaving cream and i sincerely appreciated your effort .Thank you very much

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  • Thuo    Aug 29, 2015

    i am greatfull you have given me yet another chance. i will be buying an extra shaving machine and shaving cream. this will help in additional number of customer service and revenue increase, thus employ an extra hand.
    i an truly greatful for your consideration

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  • Thuo    Aug 23, 2015

    i have managed to purchase a Shaving machine and shaving cream with the given loan, the addition of the machine has made a great contribution to the business as now i can serve more customers than before. the business investment has increased the earning by 30% . with the increased earning i am saving to purchase more equipment for the business, with the aim of improving the standards of the barbershop. During the holidays i usually take my family to the picnic and outing, for the celebrations and fun for the children.

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  • Melissa    Jul 23, 2015

    If you need to reduce your payments, please log into your Zidisha account and follow the instruction in the 'reschedule loan' section. If you have any question, please do not hesitate to contact us on [email protected]. It is better to contact us directly since we often can miss comments here in your discussion board which is primarily intended for communication with lenders. Thank you.

    Best wishes,
    Melissa

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  • Thuo    Jul 23, 2015

    Business is down a little

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  • Annah    Jun 3, 2015

    Great work all the best.

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  • Thuo    May 27, 2015

    I just started my journal since the money lended was just enough for registration process.I therefor intend to purchase extra machine once you make second disbandment. But i am grateful for your quick response and i hope we will go fur in matters concerning business

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