Wholesale beauty products to expand my business
Gladys
Gem, Kenya
100% repaid
Entrepreneur
Name
Gladys
Member since
August 2014
On-time repayments
176 installments • 80%
About Me
I am the 8th born in a family of 9 children. Only two are working in a family, I have a daughter in school, I am not married. I would wish to expand my business for cosmetics that I do in Nairobi a long river road. I started this business with small beauty products but believe to expand it and also help educate my daughter who is at school. Though still in a primary level, so that I can also be able to invest for her as she is joining secondary school by next Year. Will be very happy to get he loan and appreciate to here from you
soon.
My Business
My business is personal, i just sale beauty products, cosmetics, lipsticks, and a bit of hair weaves, so I would wish to expand it more so as to get more profit and to attract more customers because the business as a lot of competition this side so I would wish to do more to it.
I would expand it by getting all the hair products and weaves, shampoos to make it be a competitive that others can join. I just want this loan to add up on the little I have to make it grow. And believe would be able to make a return to pay you back at least 2000/-- every week.
I know it has been a while since I took a loan, I am requesting for a loan to pay for my daughter school fees and to uplift my business that went down. Thank you.
Loan Proposal
If I can buy a weave lets say at five hundred shillings will double its price and sell to 1000/-. Buy more cream products that have different prices, to get the products in a cheaper shops so that I can also be a bit fair for my customers and also make double the profit. Go for the products on my own as far as Kampala to get them cheaper. It is of my advantage if i make friends their so they can be sending me sometimes instead of going all the way, this would be easier, cheaper and faster. I also need to make my shop look very nice and attractive for the buyers.
When you sell to those that need plenty at almost wholesale price, this will bring good relation with others. Their wont be any competition and also do it in a generous way.
I expect my profit now to double since I will be selling in plenty at wholesale, and for a client at retail. And also I will be going to buy my goods like in kampala in cheaper way to come and sale.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$627.00
Date disbursed
Jun 17, 2015
Repayment status
On Time
Projected term
8 months
Lenders
Baltimore, United States
Jubail, Saudi Arabia
Green Cove Springs, United States
Glasgow, United Kingdom
Raleigh, United States
Shanghai, China
milano, Italy
Joliet, United States
Germany
United States
United States
Australia
United States
United States
United Kingdom
Luxembourg, Luxembourg
Waverton, Australia
Australia
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