Loan for stock of beauty products and ladies' footwear

Dorcas Makena

Meru, Kenya

100% repaid

Entrepreneur

Name

Dorcas Makena

Location

Meru, Kenya

On-time repayments

93 weekly installments  •  68%

About Me

I am from a humble background, was brought up in Meru county. I went to a nearby primary school and later joined Gikumene Girls Secondary a provincial school in Meru.
I grew up developing business interests and ended up doing a business course ( Accounts and Finance) at YMCA college Meru branch. While in college I started my beauty products business. I started selling cosmetics to my class/school mates - hustling pocket money. Meru is a very fertile land which does well in agriculture. When i have capital I sometimes grow vegetables in my parents small farm and have always enjoyed the good harvest.
I don't believe in loosing hope any time I start something, I keep on trying untill i achieve what I intended.
So as to achieve my goals, i like doing team work but I choose my friends wisely ie. Friends who add value in my life.
When am free I like visiting & spending time with less fortunate children (orphans) which i do twice or thrice every year. Its my wish & prayer that one day i will have an organization to help bring up & educate those needy children.

My Business

I sell ladies beuty products e.g sprays, chains, necklaces, earrings, walking slippers, Makeup products etc.
The products are in high demand I.e to my girlfriends, students and many others since girls can't do without them. They always like to be beautiful.
It was the best business I could do in school to get enough pocket money on top of what i received from my parents and up to date I feel its a rewarding business.
I usually get a profit of at least 20% of the cost on every stock. I sometimes experience credit issues but with time I come up with strategies to recover them.
My profits are for expanding my business and meeting my other personal needs. Am working hard to acquire a beauty shop where i will be selling my products from instead of carrying them around and delivering to clients which is a bit tiring and also expensive. Alongside my beauty products project I also do vegetables farming i.e cabbage which is also doing well.

Loan Proposal

Hello, If granted the loan i will use it to buy; 2dozens of necklaces each costing 24dollars totaling to 48 dollars, 4dozens of earrings @ 6dolars each totaling to 24dolars, 1dozen of lipsticks costing 12dollars, 20pairs of ladies walking slippers @ 5dollars each totaling to 100dollars. Total cost of the items will be 184dollars. With that stock am expecting to get not less than 100 dollars as a profit. This will help me raise capital to acquire a beauty shop where i will be selling my stock from rather than selling them door to door. This will save me time, cost and also help my customers to easily locate me at a specific place. Am looking forward for your support. Thank you.

Feedback

1

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  • Margaret    Jan 11, 2018

    Dorcas paid off her loan in a timely manner, I would gladly lend to her again and encourage others to do the same.

    Log in to reply • Share
    • Dorcas Makena    Jan 12, 2018

      Hi margaret, thanks for your positive comment. You have realy been very supportive to me. Thanks for helping me grow in business. Be blessed.

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$536.84

Date disbursed

Feb 4, 2018

Repayment status

On Time

Projected term

16 months

Cost to entrepreneur

Service fee: $0.00

Lenders

T

Tmann

Los Angeles, United States

C

CThelper

Guilford, United States

Irvin

Vancouver, Canada

investor

Candiac, Canada

J

johan

Oslo, Norway

karestan

Toronto, Canada

malcolm D

grants pass, United States

eagle3

Grand Ledge, United States

EHTHighSchool

Egg Harbor Township, United States

P

PlutusNOR

Trondheim, Norway

RemyWay

Phoenixville, United States

A

ante1

trosa, Sweden

S

SweAus

Adelaide, Australia

gr8ful

Syracuse, United States

P

patrickberkeley

Burlington, United States

R

Rossman

Poland, United States

JimVandegriff

Trinidad, California, United States

D

Dplayer33

Sydney, Australia

B

Bavarian

Bavaria, Germany

tasos

hove, United Kingdom

S

SlyDoh

Tomball, Tx, United States

A

Austrian

Graz, Austria

P

PhilACK

Brampton, Canada

McJulio

New Jersey, United States

C

Charlotte

Charlotte, United States

M

michaelangers

Toronto, Canada

P

Prysdahl

Marshall, United States

D

Diane

Blue Hill, United States

OlyRhys

Olympia, United States

Ingela

Falun, Sweden

P

Peksa

Espoo, Finland

L

leeirel

Edmonton, Canada

S

Smelville

Ottawa, Canada

A

amish

San Francisco, United States

Sheena47

Ottawa, Canada

U

UTLonghorn

Lincoln, United States

M

Marod

Edmonton, Canada

EstanislaoCruz

Ewa Beach, United States

I

idakaren

bonlez, Belgium

3

381inc

Beverly HIlls, United States

stever

Cape Coral, United States

JonB

London, United Kingdom

J

JulCam

Montreal, Canada

J

jinx83

Brisbane, Australia

C

Catch22

The Colony, United States

H

haavi

Espoo, Finland

NedRyerson

Munroe Falls, United States

P

pitypang

Switzerland

E

elhh82

Petaling Jaya, Malaysia

W

wiwillia

Milbrae, United States

C

chrishol

United States

B

bovine

United States

J

Jonas

Linköping, Sweden

Justin

Connecticut, United States

B

benlenarts

Netherlands

J

JeffH

United States

A

allie105

United States

R

richardbrewster

United Kingdom

bb4dogs

United States

K

Kimbo

Vietnam

L

leftyoctober

Minneapolis, United States

GMc50

Australia

J

jsbisa

New Orleans, Louisiana, United States

B

blambert

United States

V

vbud

United States

S

satheajay

United States

adrianz

United States

M

Mscov

United States

H

happyhappy

Switzerland

OllieOladele

London, United Kingdom

KM

Kirsty M

United Kingdom

UN

Uwe Neumann

Frankfurt Germany, Denmark

Jeroen Decock

Gent, Belgium

M

mmartin

United States

W

Wade

United States

DF

Daniel Fehr-Krahn

Winnipeg, Canada

Kate Courteau

United States

Lou Kaucic

Sanbornton, NH, United States

Max Lettenberger

Madison, WI, United States

Julia

United States

ME

Manaal Eisa

Washington DC, United States

Carla

Amsterdam, Netherlands

Solon Brown

Singapore, Singapore

M

Mart

United Kingdom

P

patricio

Yorba Linda, Ca, United States

P

Peter

Bratislava, Slovakia

AO

Amara Ogle

United Kingdom

AO

Ahana Ogle

United Kingdom

EthicalHost

Toronto, Canada

KE

Karen Epolito

Syracuse, NY, United States

V

Vidar

Oslo, Norway

SA

Steve A

Newbury, United Kingdom

NM

Neil M

London, United Kingdom

Joseph Abell

Brisbane, Australia

Jes-c

United States

Kevin

United States

Bill Ballew

Kansas City, Missouri, United States

SM

Sachet Marion

United States

SA

Shar Alamdari

Los Angeles, United States

Ryan Keller

Hong Kong, Hong Kong

L

Lucy

Australia

K

Katharina

Germany, Germany

Martin Kraus

Traiskirchen, Austria

Benjamin Kniaz

Boston, United States

VC

Victor Chong

United States

K

Kyle

Durban, United Kingdom

Dean Suminski

Portland, Oregon, United States

GS

Gary Sinard

Franklin, TN, United States

Kenny

San Diego, United States

GB

George Bohlender

Kuala Lumpur, Malaysia

Lex Moen

Netherlands

MM

Mike McGary

United States

Mike

Indianapolis, United States

Martha Fleury

Bethesda, MD, United States

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

ZS

Zach Silveira

Asheville, Nc, United States

Sean Richards

Wilmette, United States

L

Lisa

United States

AB

Ashira Blazer

United States

HB

Hugo Boss

United Kingdom

TW

Tom Wiegand

United States

Kelsey Lesko

San Francisco, United States

NS

Natalie Stone

United States

Darren Jeppson

Denver, Colorado, United States

DH

Don Hammond

United States

JN

Julie Noel

United States

RC

Robert Chen

United States

RD

Roel De Meester

Antwerpen, Belgium

AA

Andrew and Kim

Nashville, TN, United States

J

JB

Germany

DR

Denise Ramser

United States

DY

David Yang

Vancouver, Canada

A

Andy

United States

MH

Matt Hodges

United Kingdom

CH

Christian Holck

United Kingdom

TD

Tim Duthie

United Kingdom

Remo

Switzerland

K

karin

Germany

B

Ben

United States

John

United States

F

Fox

United States

N

NickN

United States

E

Eva

Montreal, Canada

ET

Eleanor Taig

United Kingdom

DB

Darren Boyd

United States

LT

Lisa Taylor

California, United States

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