149 installments • 70%
My name is Veronicah Muthoni Kamanja.
Aged 38 years and have been married with four kids, living together.
The children attend a day primary school allocated in our home area.
We live in Naivasha district, Gilgil division Kiambogo location, Njeru village.
I did my KCSE exam in 1991 ie four course later joined a college of accounting.
Currently lam working at Mugaa secondary school as a accounts clerk.
I started a business of hair dressing which was at home,because l needed more money to cater and educate my children
I started a business of hair dressing which was at home,because l needed more money to cater and educate my children As time went l started attending more customers where l end up shifting from home hair dressing and hired a bigger room in a near by shopping center called Kiptangwanyi where electricity was available and means of communication and transport were good as compared to our home area.
Fromthe businessearning l was able to expand the work by buying more working tools and employed one saloon.
However the kind of goods that l sell are for the ladies eg ornaments, handbags, cosmetics and so on.Services are plainting of hair and nail painting.Most ladies working in different areas eg in businessis or in offices like to look beatiful, therefore their is need to apply cosmetics.My customers prefer my business because l charge fairly and the busines is always open.
Due to area allocation of business we make more profit only when the farming (harvest is good) because most people relie on farming even though they are employed.The risk the business faces is when their is no harvest.
the loan will be used for home improvement. we shall spend ksh40000 in fencing our family land of 2.5 acre with barbed wire. I plan to plant about 120 mango and avocado trees. a grafted tree costs about ksh 250. the remaining amount will be used in improving our house by doing some repair work on the walls, floors and ceiling.
Oct 20, 2013
Cost to entrepreneur
Lender interest: $1,140.98 at 3.35% annual rate over 16 months = $53.19
Service fee: $56.05