Shift my business to a new location

Entrepreneur

About Me

My name is Jane Wanja, born in Central region of Kenya. I later went to school in the same area up to secondary school. I later relocated to Mombasa in search of a job. I briefly worked for a fisheries company and later decided to start my own business after attending a short course in hair care.

I am a single mother with two children, a daughter aged 21 years and in college and a son aged 16 who is in secondary school.

I earn my living by running a hair salon that is located in Mombasa town. I am a hard working, resilient, honest and ambitious woman. I survived in the hostile world of business for many years due to the above qualities.

My Business

My business deals with hair dressing and related beauty work such as pedicure and manicure.

I also make a sell washing detergents on a small scale to supplement my income.

I make an average net income of about $280 from the business activities. I would like to expand my detergent making department if I get funding.

I normally produce about 20 liters per week of cleaning detergent which is way below the demand of my clients. If I get credit I will be able to buy more raw materials to enable me double the production hence increase my sales and profitability.

Loan Proposal

The lease of the premises that I am currently occupying will expire this month. I was hoping for an extension of the same but the landlord has other plans for the space and he has asked me to vacate.

I have seen other suitable places to vacate the business but this will need quite a lot of money. I will use the entire loan to help me vacate to an new place. I am hoping that I little money will be left and I will use it to buy more equipment as well as marketing the new place.

I am depending on you good people to fund me during this crucial moment.

Thanks.

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