Aqcuire more stock to my cosmetics shop to boost my sales
Nancy
Mtwapa, Kenya
65% repaid
Entrepreneur
Name
Nancy
Member since
October 2014
On-time repayments
24 installments • 33%
About Me
My Name is Nancy Gesare, I was born in Kisii County. I am Christian. I am a holder of Diploma in Beauty Therapy and hairdressing. I am a single mother of one child (daughter). I was fed up with employment and stressful jobs and supervision hence focused on opening my own business. My girl has always wanted to be a nurse when she grows up. I like swimming, socializing.
My Business
I own a cosmetics shop, the services i offer are the selling of lotions, body creams, weaves, combs and salon materials. These products are in a high demand as they a part of beauty to any woman in the society. I chose this kind of business as it was part of my profession and it's something i had in mind since my childhood. My total sales per month range from $400 - $ 450.
Total monthly expenditure is always $300 and the profits are always $100 - $125. I use the profits for my personal savings as i am focused on opening a new business.
Loan Proposal
Once i get the loan i will be looking forward to purchase of more stock at my shop. I am confident the loan will improve my sales and increase the sales drive. I am confident and will make sure i repay in time. The total cost of the stock will be $ 100 dollars.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 3, 2014
Repayment status
Late
Projected term
5 months
Lenders
Austin, United States
Germany
Ask Nancy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.