Linet

Kabarnet, Kenya

100% repaid

Entrepreneur

Name

Linet

Member since

August 2013

On-time repayments

59 installments  •  5%

About Me

I AM SINGLE,BEING THE THIRD BORN OF FIVE SIBLINGS.I FINISHED MY COLLEGE ON FEBRUARY AT KENYA AVIATION COLLEGE NAIROBI.
I AM A DIPLOMA HOLDER OF MASS COMMUNICATION.MY ELDER SISTER WHO PAID MY SCHOOL FEES GOT TRANSFERRED TO KABARNET AND DUE TO THESE I HAD TO RELOCATE TO KABARNET.
TWO MONTHS AFTER I FINISHED MY COLLEGE MY SISTER ASSISTED ME IN OPENING UP THE BOUTIQUE SHOP AS JOB SEEKING WAS ALWAYS HARD.
THE SHOP IS NOW THREE AND HALF MONTHS AND ALREADY PICKING UP IN THE GOOD WAY.
I ENGAGE IN THE HAIRDRESSING ,MESSAGING ETC.ALSO I SELL LADIES AND MEN LOTIONS AND PERFUMES.WHICH I BUY IT IN NAKURU AND SELL THEM AT RETAIL PRICE.

My Business

CURRENTLY THE BUSINESS IS DOING REALLY WELL ESPECIALLY FOR THE LOTIONS AND PERFUME SELLING MOSTLY YIELDS MUCH PROFIT AS WE BUY FROM THE MANUFACTURER DIRECTLY AND SELL AT A EASILY AFFORDABLE PRICE.
AS EXPLAINED HERE ABOVE, ENGAGE IN THE HAIRDRESSING ,MESSAGING ETC.ALSO I SELL LADIES AND MEN LOTIONS AND PERFUMES.
THE BUSINESS IS PROFITABLE AS WE PURCHASE AT A LOWER PRICE BOTH THE LOTIONS USED DURING THE HAIRDRESSING AND THOSE FOR SELLING.
FOR MY COMPETITORS THEY ARE NOT REALLY MANY IN OUR TOWN AS IT STILL GROWING AND MORE SO I SELL AT CHEAPER PRICES.
MONTHLY COST RANGES FROM KSH.10000-20000 AND THE DAILY COLLECTIONS RANGES FROM 2500-4000 CONSIDERING ALSO TURNOVER OF THE CUSTOMERS

Loan Proposal

Am so grateful for the golden opportunity granted and for activating my profile.I will now use the loan to increase the stock for lotions and perfumes.These is because the lotions and perfumes are moving so faster and the fact that we get from the direct manufacture will prompt use to sell at an easily affordable prices.
These will later allow me to repay my monthly installments without constrains.I will also keep informing you and how the boutique will be performing through the due course.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$42.00

Date disbursed

Aug 18, 2013

Repayment status

On Time

Projected term

21 months

Other loans

Lenders

J

jjonas

berlin, Germany

russell

leicester, United Kingdom

A

albert

Barcelona, Spain

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