Beauty stock for accomodation fee and upkeep in college
Sammuel
Mombasa, Kenya
28% repaid
Entrepreneur
Name
Sammuel
Member since
September 2014
On-time repayments
30 installments • 7%
About Me
My childhood was faced with some challenges at 7 years my dad lost the job and we were a family of eight had to miss school and sometimes go without food. After some years went back to school had to work hard to achieve passed my primary education went to high school and the government sponsored me to do a diploma in pharmacy and have had issues with school fees and accommodation. started this business after realizing there was a demand for the perfumes, dyed bags and beauty products i sometimes sell airtime to students and workers around. i like going fishing mainly for income though i like it.
My Business
i have been selling movies within the school, also been trying to buy perfumes and beauty products at a cheaper price,dying old bags and finding market within the school to raise capital. i choose this business cause I'm reassured of a market and goods are at a high demand within the school. depending on the rate at which goods are sold and the season income varies. i use the income to pay for accommodation and upkeep in the school.
Loan Proposal
i will increase beauty products and perfumes: perfumes-10.8
lotion-27
lipstick-3.8
lip gloss-2.4
cut-ex -4.8
i expect a profit of 10.8 this will help me reduce the load to my parents for paying for my accommodation fees.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jun 2, 2015
Repayment status
Late
Projected term
7 months
Lenders
Guildford, United Kingdom
Chicago, United States
United States
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