Beauty salon and accessories sales

Josephine Kirika

Thika Next To Thika Level 5 Hospital, Kenya

41% repaid

Entrepreneur

Name

Josephine Kirika

On-time repayments

157 weekly installments  •  82%

About Me

I’m Josephine Wangui from kiambu county currently resident at Thika town. I was raise and grow in Kanunga village kaimbu town. Life in Kanunga village was not walk over and these hardship lives made me to look for better live. The business idea tricked at these point to start beauty shop.
The environment and land truly support this business since it’s in slope of Mount Kenya which attracts tourist and a lot people. And also the land is totally fertile to support agriculture business which yields income to society.
I have one beautiful girl which looks at me as role model to business, in this case she really wants to grow to bigger business lady with big empire to help society at large.
My hobby is to read business magazine and articles which are useful to grow the business and sometimes to travel and interact with different people thereby sharing the ideas

My Business

My business is beauty shop which sells different varieties of beauty products plus offering services like manicure, nailing etc. The business is located in suitable place where it attracts a lot of clients and customers.
The beauty products are useful to young generation and youth at large. These product has positive impact to society since its help them improves they way of living. Plus creation of employment since i do have two workers in my business premises. The demand is high since they are complementally and can’t live without.
The cost associated with these beauty shop is operation cost like rent, electricity and water bills , staff cost etc others stocking cost. The cost are fully met by these business since profit is greater than cost associated to.
The profit realize from business is plough back to business to boost the growth and others is used to improve my living standard especially paying school fee for my child, rent and electricity and water bills

Loan Proposal

i will buy good worthy 2000 of small and moveable things which will attract new clients.
i will buy earings worthy 5000 and rings worthy 5000
the rest i will boost my business and running expenses.
This will help my business to with 10% compared with last time before being funded.

Feedback

1

None

None

  • Shiloh Hoisington    Dec 29, 2019

    Great job so far on your repayments! We love to see on time payments, it helps create trust between lenders and you! I hope your business is successful and brings you to all your dreams!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$400.00

Date disbursed

Jan 8, 2020

Repayment status

Late

Projected term

16 months

Cost to entrepreneur

Service fee: 5% of $400.00 = $17.98

Credit risk payment: $97.10

Lenders

C

Cblodgett

Zurich, Switzerland

KYLE LARSON

Little Falls, United States

T

tjgiving

Oakland, United States

C

cactusgirl

London, United Kingdom

OH

Orion H.

United States

WS

william smith

United States

SH

Steven Huntington

London, United Kingdom

UK

Uday Kolluri

New York, Singapore

Rory McLaughlin

Dallas, United States

C

Cecilia

United States

CE

Celia E

United States

DM

Dritan Muneka

United States

GY

Gonul Yalcin

United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

JH

Joseph Hwang

Houston, United States

DK

Daniel Kalla

Saint Paul, United States

H

HJ

Switzerland

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