Business of beauty products

Annah Nduku

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Annah Nduku

Member since

June 2015

On-time repayments

95 installments  •  78%

About Me

I am a single parent blessed with 4 children. I attended Muthini Primary School & Katoloni Secondary School for both primary and Secondary education. As per parents
were not working I had a rough time in school because they could not afford to pay
my school fees. As the fees for secondary education was alot for me to assist them
I had to remain in school when schools are closed for me to do some duties to be paid
by the headteacher. Some of the duties were like washing clothes for his entire
family. Instead of taking the money from him he used to pay for my fees and he
gave little to me for my upkeep. After school I got a job in a pharmacy shop. I started selling beauty products after work to sustain me and my children. The products are in demand because ladies use cosmetics and hair products

My Business

I sell Hair weaves, braids and cosmetics etc. They are in demand because many ladies use them. I choose this kind of business because I like interacting with women. I started my business with US$150.00 (Kshs. 14,400.00). I use the profit to reinvest and pay school fees for my children. Once I get your loan I want to start selling
Human Hair and sprays.

Loan Proposal

I wish to add more stock of beauty products i.e hair piece, Hair Weaves, Wigs and
cosmetics. It will benefit me alot because my sales will double. I expect a profit
of more than 50%. In the future I want to renovate my business premises and
paid it properly. Part of my profit will enable me to pay school fees for my
children and also assist my siblings.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$127.00

Date disbursed

Aug 25, 2015

Repayment status

On Time

Projected term

6 months

Lenders

Aran Dunlop

United States

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