33 installments • 58%
I am the third born in our family single mother of one child. I went to shibuye primary school and shibuye secondary school and Ashley college for hair dressing and beauty diploma.
I had a child to take of and did not have start up capital for a business,I worked as saloon assistant for six months and raised $250 that I used to buy basic equipment to start off of my business.
Our culture is diverse and men have to go through a rite of passage which is circumcision so that the community can recognize them as men.
my child wants to be a nurse when she grows up. she loves how nurses dress and that inspires her.I am working hard to ensure she achieve her dreams.
I love swimming,dancing ,singing and making new friends.
I provide beauty and hair dressing services in my saloon. THe demand for the services is high because of high population of young girls and women in my area.
I choose the business because i loved the industry and it gives me descent living and a reason to smile for I love what I do.
my monthly costs are $200 for water ,rent,and electricity .my monthly revenues are average $400.
I use my profits to pay fees for my child and nephew,and support my parents as well reinvest back in the business.
I am requesting for my first loan to help me buy a solar panel to reduce my electricity costs to zero. i currently incur high costs of electricity which has hindered my business progress. the solar panel will help me light and operate machines conveniently. the cost of the panel is $450 and I would add my savings to acquire one. thank you.
Sep 29, 2015
Cost to entrepreneur
Service fee: $6.51
Penina opted to pay $61.11 into the Zidisha Members Loan Fund in return for a higher starting credit limit.