Entrepreneur
Name
Paul
Member since
April 2020
On-time repayments
58 installments • 62%
About Me
Am Paul, I come from Murang'a county but currently I live in Nairobi where I run my cosmetic shop.
After completing my university studies I was lucky enough to find a permanent job, that's when I decided to start my business to help me keep going.
My Business
I started my business in 2018, I basically sell all types of cosmetics and beauty.
My products range from braids, creams perfume refills, wigs and weaves.
My main challenge is having all varieties to meet my customers orders, I would like to increase my stock this will help me meet most of my customers order.
With your help am positive I will be able to achieve this and take my business to the next level.
Loan Proposal
Hello dear lenders, I hope this finds you well. I would like to say thank you for the support.
I would like to apply for a loan of 8000 kes which I will use to stock up braids and shampoo.
Business around are still operating although at limited hours. Being able to get this stock will help me keep supplying to the clients who need my services.
I will use 5000 kes to get different types of braids since they are a variety.
The remaining 3000 kes I will use to stock up shampoo. I have to break the quantity into 250ml, 500ml and 1litre this will enable me serve the customer according to their desire.
Income Source
At the moment the situation is tough but we are allowed to operate our business till 7pm in the evening, this enables me serve my customers and make some earnings which I believe will help me repay my loan.
Am also taking all the precautions and following all the guidelines provided by the government to ensure the virus doesn't spread further.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$80.00
Date disbursed
Apr 28, 2020
Repayment status
On Time
Projected term
4 weeks
Lenders
Ask Paul a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Torry Oct 22, 2020
rowan hill Oct 21, 2020
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