Spacious room for my barber shop
Antony
Lumakanda, Kenya
$287 to go
0% funded of $287 goal
0
days left
Entrepreneur
Name
Antony
Member since
July 2015
On-time repayments
148 installments • 46%
About Me
I was born in Lumakanda village of Lugari Sub-county,Kakamega Counthy 26 years ago. I grew up with a bigger vision,a bigger mind, a dream to become a doctor.But what happened to the greater dream?
I started my primary school and eventually completed class eight with certificate of Kenya primary school Education (KCPE).
In 2006 I joined a local secondary school where I began to explore all that could make me realized my dream. I n 2009, I completed my secondary education and passed with credit of B but could not join university to pursue medicine due to financial constrains,since this couldn't be the end of life I decided to become a casual worker despite its low wage and at the same time being rare to find.
I did this work for three years and at the end I had saved some good amount of cash, that I decided to venture into service business where IN opened up a barber shop, where I now cut,shave and trim young and old people hair and make them look smart.
My Business
As mentioned from my profile, I currently operate a barber shop where I cut, shave and trim all hair styles.Currently the generation that surrounds the environment where I stay are students and also the working class who at all times need to be smart and presentable.This makes it worthwhile to offer quality service to them.
My current business is worth 10,000KES. I ventured into the business after saving some money from the casual jobs I was engaging in.So far I have made a profit of 500KES, I anticipate that these will grow up to at least 1000KES profit.
I intend to use these profit to save for my family and also for the university fees which am expected to start paying when I join business class later this year.
Loan Proposal
Dear lenders I do run a barber shop. Currently the room am using is very small hence it is very congested.
The loan am going to raise I will use 90 US dollars to relocate to a bigger room that is just adjacent to where am operating The 90 US dollars I will use to pay for two months rent. 60 US dollars is will add an extra revolving seat so as to increase the number of customers can be served at a time. Another 60 US dollars I will buy a shaving machines to boost the ones I am operating with and 80 US dollars I will buy chloride exide car battery since currently the one I have is usually overpowered especially when we experience power rationing for long hours.
With all this am anticipating my profits will double from the current 15 US doallers a day to 30 US dollars a day.
Kindly help me achieve it.
.
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Loan Info
Project Type
Classic Loan
Amount requested
$287.00
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