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
Positive
None
Neutral
None
Negative
None
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
Summary
Amount repaid
$52.57
Amount remaining
$0.00
Date repaid
Aug 3, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 17, 2015 | $8.76 | May 22, 2015 | $8.76 |
| May 24, 2015 | $8.76 | May 22, 2015 | $1.24 |
| May 24, 2015 | $7.51 | ||
| May 31, 2015 | $8.76 | May 24, 2015 | $2.49 |
| May 31, 2015 | $6.27 | ||
| Jun 7, 2015 | $8.76 | May 31, 2015 | $3.73 |
| Jun 9, 2015 | $5.02 | ||
| Jun 14, 2015 | $4.98 | Jun 9, 2015 | $4.98 |
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $0.00 | ||
| Jul 12, 2015 | $0.00 | ||
| Jul 19, 2015 | $0.00 | ||
| Jul 26, 2015 | $6.33 | Jul 27, 2015 | $6.33 |
| Aug 2, 2015 | $6.23 | Jul 27, 2015 | $0.02 |
| Aug 3, 2015 | $6.21 | ||
Ask Thuo a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.