Solar to reduce electricity costs

Penina Wechuli

Webuye, Kenya

100% repaid

Entrepreneur

Name

Penina Wechuli

Member since

September 2015

On-time repayments

33 installments  •  58%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.28

Date disbursed

Sep 29, 2015

Repayment status

On Time

Projected term

2 months

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.

Lenders

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

P

phoebius

Cambridge, United Kingdom

T

tontonca

United States

mepster

San Francisco, Ca, United States

Haim Si

Mexico, Mexico

MW

Matt Willis

United States

Marcus

Germany

WE

Wendy Emlyn

Devon, United Kingdom

A

Adam

United Kingdom

M

michelle

United States

Ian Murray

Brisbane, Australia

Clyde Smith

Raleigh, Nc, United States

Ask Penina a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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