Additional beauty products for my beauty shop & salon

Rebecca Karanja

Banana Hills, Kenya

100% repaid

Entrepreneur

Name

Rebecca Karanja

Member since

January 2017

On-time repayments

62 installments  •  92%

About Me

My name is Rebecca. I am married with two children - a boy and a girl who are now in school. I was born and raised near Nairobi which is the capital city of Kenya. I grew up in a semi-urban set up and I did my school up to secondary school.

I later did a short course in hair care a beauty. I got jobs on short contracts and later with the help of my husband, started a beauty salon. I do hair work and I also sell beauty products such as hair pieces and body lotions.

One of my children would like to be a teacher and the other one a doctor when they grow up. I work very hard to bring their dreams into reality.

My Business

My work entails hair care for women as well as sales of beauty products. I mostly serve the working people such as teachers, office workers who work around my area. I am usually busy over the weekends when most of clients have time for beauty work.

I do make around $150 per month and I use $45 for over heads. I then spend the remaining balance to cater for my family expenses such as food and clothing. I hope to move my business to a bigger place once I get good money.

Loan Proposal

Like the previous loans, I will use this loan to boost my stock of beauty products that I sell from my outlet. I also use this stock when attending my clients who come to my parlor for beauty treatment.

I will be able to buy lotions, creams, artificial hair and nails. These are fast moving items and I hope to make good business out of this investment.

Thanks.

Feedback

1

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  • Joost    Aug 25, 2018

    All repayments were done on time.
    Nice status updates.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.43

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $2.58

Lenders

G

Goodwill

Oakland, United States

Paul Buchheit

Mountain View, United States

Dave Bogard

New York, United States

K

Kenny

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Carrie

Arlington, MA, United States

Frank Bailey

United States

Ask Rebecca a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Rebecca Karanja    Sep 1, 2018

    Thank you lenders for funding the loan in such a short time. I will use the money to buy new stock.

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  • Rebecca Karanja    Aug 11, 2018

    Thank you lenders for the loan. I am making progress in my business largely because of you.

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  • Rebecca Karanja    Jun 4, 2018

    I am struggling with other overheads. I will resume with higher loan installments as soon as the situation improves. Thanks.

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  • Rebecca Karanja    Apr 14, 2018

    The initial amount was a bit high for my business. I will be comfortable with the above amount.

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  • Rebecca Karanja    Mar 27, 2018

    Thank you for the funds. Will use the money to buy beauty products and this will increase my sales.

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  • Joost    Mar 21, 2018

    Success, I hope your loan will be completely funded soon.

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  • James    Mar 3, 2018

    Greetings Rebecca, this is James. Does your beauty shop also do nails and footbaths and cut mens hair? If not, think about doing them too, all are money makers. Do you sell mens products? Good luck in your business. Take care and "Keep on keeping on" James

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  • Rebecca Karanja    Feb 20, 2018

    Thanks Carrie for helping me make my life better. I have read your into and it's very interesting. I wish you and your family (and the dog too!) success and good health.

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  • Rebecca Karanja    Jan 13, 2018

    I thank my two lenders, Nicolas Olmedo and JB for their contributions which is now at 7%. Hope more funds will come before the 3 days are over.

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  • Rebecca Karanja    Jan 3, 2018

    Due to your financial support, my business has grown big. I am now serving more customers than before. My sales have gone up and my profitability is rising.

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  • Rebecca Karanja    Sep 7, 2017

    Thank you for the loan. My stock has improved and so are my sales.

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  • Rebecca Karanja    Jul 24, 2017

    I will use the money to buy some beauty products and this will help me realize more profit. Thank you for your contributions.

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  • Rebecca Karanja    Jul 19, 2017

    I am building my inventory progressively as my credit with Zidisha grows. This is very important since I have always harbored a dream of transforming my business into a big outfit.

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  • Rebecca Karanja    Apr 9, 2017

    Thank you for funding my loan. I will use the money to buy the things I need in my beauty shop.

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  • Rebecca Karanja    Feb 26, 2017

    Hello all, this is to let you know that I am doing well and the money that you loaned me is already having a positive impact on my business. My sales have gone up and I am hoping for better days ahead. Thank you so much.

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  • Rebecca Karanja    Jan 31, 2017

    Thank you everybody who contributed to this loan. I will use this money to buy hair pieces which I will then sell to my clients. I am very excited to get my first loan hear.

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