Shaving machine for my barber shop

Antony Nanjinia

Koyonzo, Kenya

100% repaid

Entrepreneur

Name

Antony Nanjinia

Member since

November 2014

On-time repayments

302 installments  •  49%

About Me

My name is Antony Nanjinia. I was born in a family of 8 and I am the second born. After completing secondary school education, I went to Busia Beauty College, where I graduated with a Certificate in hair dressing and barber.
I worked for some time to make savings so as to open my own business. Due to meagre earnings, it took me several years to buy my working tools.
I provide pedicure, manicure and barber services in my Kiosk. I always make sure I meet the clients' tastes and preferences. This has always gave me a competitive edge against my competitors.
During my free time I like meeting new people and reading.

My Business

My name is Antony Nanjinia. I run a barber shop and Mpesa (mobile money service) where I provide high quality services including shaving, pedicure and manicure. The demand for my services are high because my shop is located in a densely populated area. I also provide services that suit my clients' exact needs. I always keep my shop clean as this attracts more clients.
I choose this business because it is in line with my training and is one of the most profitable businesses. I decided to run the Mpesa business in the same shop so as to reduce the cost of running business.
In a good month my total expenses are $150 (rent,machine maintenance and disinfectants). My revenues are $300. In a good month, I make $150-200.
I use my profits to pay fees for my siblings and take care of my elderly parents.

Loan Proposal

I am requesting for $50 to help me ,buy a new shaving machine for my shop,This will help me serve more clients.The current machine that I have gets hot,and occasionally customers have to wait longer for them to be served.This has significantly affected my business and reduced clientele base.I would be so grateful for your consideration.Thank you for visiting my profile.

Show original English  

About Me

My name is Antony Nanjinia I was born in a family of 8 and I am the second born.After completing the secondary school Education I went to Busia Beauty College ,where I graduated with a Certificate in hair dressing and barber.
I worked for some time to make savings so as to open my own business,due to meagre earnings it took me several years to buy my working tools.
I provide pedicure,manicure and barber services in my Kiosk.I always make sure I meet the clients tastes and preferences this has always gave me a competitive edge against my competitors.
During my free time I like meeting new people and reading.

My Business

My name is Antony Nanjinia ,I run a barber shop and Mpesa (mobile money service) where i provide high quality services including shaving ,pedicure and manicure.The demand for my services are high because my shop is located in densely populated area.I also provided services that suits my clients exact needs.I always keep my shop clean as this attracts more clients.
I choose this business because it is in line with my training and is one of the most profitable business. I decided to run the Mpesa business in the same shop so as to reduce the cost of running business.
I in a good month my total expenses are $150( rent,machine maintenance and disinfectants)My revenues are $300.In a good month I make $150-200.
i use my profits to pay fees for my siblings and take care of my elderly parents.

Loan Proposal

I am requesting for $50 to help me ,buy a new shaving machine for my shop,This will help me serve more clients.The current machine that I have gets hot,and occasionally customers have to wait longer for them to be served.This has significantly affected my business and reduced clientele base.I would be so grateful for your consideration.Thank you for visiting my profile.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.92

Date disbursed

Nov 13, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $49.92 at 7.72% annual rate over 1 month = $0.48

Service fee: $0.23

Lenders

Freewolf

Salt Lake City, United States

Pomaikai

Jersey City, United States

WiscoHorndog

United States

P

Prometheus

Duisburg, Germany

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