Will buy more chairs for the clients

Menzaqueen

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Menzaqueen

Member since

April 2015

On-time repayments

205 installments  •  58%

About Me

Am married with three kids,humble and business oriented,am hard working and looks forward to being at the top in the field of business,i started my business 8 years ago, am out going and easy to deal with,i started business after i realized i could not afford to go to college and since then i have never looked back. being in business has helped me to be empowered knowing that i can also support my husband in our every day budget, i enjoy every bit of my business and is always looking forward to a new day in my work place, i tackle challenges one day at a time learning from my mistakes and is always ready to be a student. i never went to a hair dressing or beauty college but i learned just from assisting a one lady who owned a beauty shop, am proud to say that my interest and hard work made me one of the best too.

My Business

My business mainly deals with beauty and beauty products,its situated in Nyalenda off Ring road,ii started back around July 2007, weekends and holidays are the peak seasons.
Ladies and beauty are inseparable hence makes this business be in demand. I had the passion for beauty and its products and the need for these services around my area made me choose this kind of business.
My typical cost is Kshs. 6,800.00 annually for Trade Licence, Kshs. 2,500 for rental, water is roughly Kshs. 480.00 monthly, electricity is about Kshs. 1,200.00 monthly.
I use my profit to pay for my children's school fees and home improvements.
i do hair dressing and manicures and pedicures,i also got two assistants working with me, it has grown since then and am always happy to see more and more customers streaming in each day.my business has mainly flourished because of our major foundation of neatness and a good attitude to our esteemed clients,we keep them always leaving with a smile and looking forward to coming back, it earns upto 5,000 a day on good days and at least 1,000 on bad days, it is challenged by lack of some new equipment that will be bought once you start financing me.

Loan Proposal

will buy more chairs for my clients to enable them sit comfortably while waiting for the services because i realised that the number of clients is growing, i need more mirrors too,so that they can have a look at themselves from all angles while in the salon.

Feedback

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None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$170.00

Date disbursed

Oct 9, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

Thomas

Sweden, Sweden

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Summary

Amount repaid

$177.00

Amount remaining

$0.00

Date repaid

Dec 30, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 18, 2015 $16.00 Oct 16, 2015 $16.00
Oct 25, 2015 $16.00 Nov 4, 2015 $16.00
Nov 1, 2015 $16.00 Nov 4, 2015 $16.00
Nov 8, 2015 $16.00 Nov 4, 2015 $16.00
Nov 15, 2015 $16.00 Nov 30, 2015 $16.00
Nov 22, 2015 $16.00 Nov 30, 2015 $16.00
Nov 29, 2015 $16.00 Nov 30, 2015 $16.00
Dec 6, 2015 $16.00 Dec 23, 2015 $16.00
Dec 13, 2015 $16.00 Dec 28, 2015 $16.00
Dec 20, 2015 $16.00 Dec 28, 2015 $16.00
Dec 27, 2015 $16.00 Dec 28, 2015 $10.50
Dec 30, 2015 $5.50
Jan 3, 2016 $1.00 Dec 30, 2015 $1.00

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