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Jeffrey
Since he was 14 years old, Jeffrey has been around barbers. Jeffrey’s father owned the barbershop that Jeffrey has since taken over. Jeffrey keeps the original sign on the store in his father’s name out of respect for his father and his clients who still come to the shop. His father taught him all he knew about being a barber and running a business and Jeffrey has followed in his father’s footsteps ever since, keeping the family business alive. The barbershop, Jeffrey’s Barbershop & Salon, became his in 2011. Jeffrey prides himself on maintaining his father’s clientele and gaining new business through word of mouth. The barbershop is a place where his family and friends come together to socialize and stay connected. The business is a centerpiece in his community.

With this loan, Jeffrey hopes to be able to expand his business by acquiring more equipment and generating business through advertising. He employs four others in the shop, who cut hair and do styling for other clients. This loan can help Jeffrey’s business grow, so he can provide the same services for the growing demand in his community for his services.

About United States

  • $47,000
    Average annual income
  • 33
    View loans »
    United States Loans Fundraising
  • $11,835,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $8,525 helped Jeffrey to purchase new chairs for his barber shop.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 18, 2013