Beauty cosmetic stock and m-pesa float

Chelangat Sammary Bigen

Bomet, Kenya

31% repaid

Entrepreneur

Name

Chelangat Sammary Bigen

Member since

August 2015

On-time repayments

190 installments  •  76%

About Me

My name is Chelangat Sammary Bigen. I was born in 1972 in Kuresiet village, Chemaner location, Longisa division in Bomet County.We are a family of seven members where five of us are female and two are male.am the second born in my family, I went to Chemaner primary school at a tender age of five where I started class one in 1978 and continued to class eight in 1986 and sat my kcpe in the same year and later on joined Wareng high school for my O level education where I completed in 1990 having satisfactorily achieved my secondary school certificate.
My parents kept goats,sheep and cows for our upkeep.in additional they grew maize ,sorghum,and millet for food and surplus was sold to cater for our education. my siblings and I were of great help to our parents because we assisted so much in daily activities like cultivating farm,weeding and harvesting.am a married woman with two kids an elder daughter who is in a medical school and a younger son in class six. that's my story, thanks for reading.

My Business

I have a cosmetic shop in LITEIN town located Eastwards just a few kilometres from Kericho town. I started opening it August 2014.it's now sixteen months old and has been on up to date.I normally open at 8:am in the morning and close at 6:30 pm in the evening. so far so good am happy because my business is doing well and I have hired one person to assist me in making sales ,keeping records, making orders,stock taking ,communicating with customers among other duties. my business contains variety of hairstyles, rings,earrings, body lotions among other variety of things.I av been able to acquire reliable potent customers, and still looking for more and has enablee to run my business smoothly.u pay my kids fees as well as their upkeep.zidisha loan is of great help to me.
Thank you my lenders and zidisha team for your support and reading my story.

Loan Proposal

Hello dear lenders.I recently cleared repayment of my previous loan.My previous loan helped me a lot to boost my business by buying cosmetic products for sale.I also paid my kids schools fees for the all year of 2017 without inconvenience. Thanks to you alot.
I once again come to you to lend me loan.I would like to use part of this loan to buy cosmetic products including human hair varieties,body lotions and ointments, jewelries and neglaces among other products in my shop outgoing first and running out of stock.I intend to buy these goods amounting to a total of £50(ksh 50,000).This is a major source of my income as I use some of the profit to pay school fees for my kids and shop rent as well.
For the remaining £70(ksh 70,900) I would like to put in my M-pesa line as float.This will enable my mpesa business to realize more clients turnout hence more transactions and more profit. Its also a good part of my business and part of the profit I get,to pay one of my employee who is working with me in the shop.I also use some of this money as a payment of myself,my kids basic needs and to pay house rent.
Having achieved all these I hope my business will grow much bigger and will be able to pay my loan on time.Iam kindly looking forward for your support to lend me loan.Iam also grateful for your for your continuous support. Thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,190.38

Date disbursed

Nov 16, 2017

Repayment status

Late

Projected term

54 months

Cost to entrepreneur

Service fee: $50.15

Lenders

Cloudways

Malta, Malta

Richard Griebe

La Jolla, United States

PG

Paul Graham

United States

Mary

Germany

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Katja

Switzerland

A

Anonymous

United States

D

Dirk

Germany

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