Add new stocks in my cosmetics and boutique shop
Alex
Nairobi, Kenya
$0 to go
100% funded of $49 goal
0
days left
Entrepreneur
Name
Alex
Member since
April 2014
On-time repayments
20 installments • 20%
About Me
My Names are Alex Masese Sogota, 1st born in a family of four, living in Nairobi, Kenya a long Mombasa Road near City cabanas.
I am an accountant by profession. I have been running a cosmetic shop and a boutique in Pipeline, Nairobi since 2011 .
I could like to be loaned to add more stock in my business. Also am am, planning to open a consultancy firm to offer taxation services, financial services,accounting services among others to various client. I hope all this will be achieved through Zidisha family. Thanks
My Business
I have been operating a cosmetic shop and a boutique shops since the year 2011 up to date, whose cost is estimated to be worth 2,055.00 USD. I started this business with 160.00 USD and have worked hard to be where it is today. It has been a long journey but I thank God for being with me all along.
I had a passion for this business because of its high demand in our country and location. I have managed it by introducing unique products in the market which are rarely found in our country and my competitors. Also, I have been selling my product at slightly lower prices than my competitors, aiming at very small profit margin but high sales volume. The business has been well all along. It has been expanding day by day though challenges cannot miss in any business field.
Now, I am focusing to take this business into another level. I could like to open another shop in our location and the other one in the city centre of Nairobi. Also introducing other goods which are not in my stocks list as well as adding the new stocks.
For the past few years, I have been facing financial difficulties in financing this business.
I will be grateful, if there is anybody who will assist me to make my dream come true.
Thanks in advance
Loan Proposal
When I get this loan, it will help me improve on my cosmetic shop in the following ways; buying of new ladies shoes at 30 dollars, buying of cosmetics and few clothes which are out of stock and paying for shop attendant the balance of 20 dollars. Despite the fact that I still have deficit of about 100 dollars for improved business towards meeting customers satisfaction and introduction of new stocks for my long-term customers .I am happy that through this small loan I will be able to see some of the followings returns the loan will create; improved customer relationship that will help me get a bigger and better market since the customers are satisfied ,the expected benefit is likely to shoot up profits when the new stocks are in place which will see me making almost double the input. The returns will then help expand my boutique shops by increasing the number of shops in our region and also employ a few people. I should be supported because I can't afford single handedly to meet full financial requirements of the business due to the increased costs of cosmetics, shoes, clothes and paying of shop attendant. I will be grateful for your support and may God bless you. Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$49.00
Date disbursed
Jun 20, 2014
Repayment status
Late
Projected term
3 months
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