Beauty shop stock increase

Felister

Juja, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Felister

Member since

May 2015

On-time repayments

232 installments • 84%

About Me

I was born and raised in Mbeere north constituency, of Embu county. I went to our local primary school (Kamugu pri scl),after which i joint Consolata girls (IRIAMURAI) for my secondary education.My mother made me to grow up knowing how to coup with all situation, since she was a single mother and she was able to raise our family of four kids and I was the last born child. after completing my secondary school level of education, i moved to Thika where I stayed with my older brother waiting for KCSE results. Thereafter i joined Thika institute of business studies where i did computer packages and business management. After college i was employed at Nigchem Africa sires in juja kalimoni where i worked as sales person. After working for 2yrs i decided to use my savings to start my own business in juja.

My Business

In my business i deal with all types beauty products . they are very useful because most of people in this location are youths and therefore this kind of business move very fast. I chose to start this kind of a business because it does not require much capital of which i could not afford. I use my 20% of my profit to pay my business house rent, 15% on government revenue, 50% to add my stock and i save the remaining 15%

Loan Proposal

I will buy the following products;
20 pieces of weaves @5$
300 pieces of braids @ 0.75$
500 pieces of hair food @ 2$
5oo pieces of ear rings @ 5$
200 pieces of hair bands @ 2$
2 dries @ 200 $
By buying these products,am able to maintain my customer since these products are fast moving.Now that i have varieties,my customers woun't go far they will be buying all items in my beauty shop.
By adding this stock am able to increase my profit with 30 % leading my business to grow.

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MV
Michael Vondermaßen May 17, 2019

Hallo Felister, well done!
Thank you for paying back in time.
If you need another loan, I will be with you.
Best regards Michael

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Marcus Feb 23, 2018

Well done, Felister.
Thank you for paying back in time.
Good luck with your business and best regards,
Marcus

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- Felister Feb 26, 2018
  
  Hello Marcus
  Thank you so much for wishing me the best in my business. I will continue to cooperate by paying my loan on time.
  
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- Felister Sep 19, 2018
  
  Hello Marcus
  First is to thank you as Zidisha team for good work you have been doing am so grateful.
  I wanted to ask about credit risk,how does one claim it?
  Kindly.
  
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- Felister May 17, 2019
  
  Hello Marcus
  Have just completed my loan payments and I would like to request for my credit risk refund but after I visit request for refund page there is no option for me to write a request.
  What might be the problem?
  Kindly assist.
  
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