Business of beauty products

Annah Nduku

Nairobi, Kenya

79% 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 my stock of beauty products which will cost US$293.00. I will
benefit a lot because my sales will increase. my profit will be 50%. I the future
as I continue with my business of beauty products I want to open a pharmacy
to sell medicine to people.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$303.00

Date disbursed

Feb 23, 2016

Repayment status

Late

Projected term

15 months

Lenders

The Zinc Team

San Francisco, United States

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  • Annah Nduku    Feb 22, 2016

    I will buy beauty products which will help me a lot as the sales will increase. Thanks to Zidisha Team for their Loans.

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  • Annah Nduku    Feb 16, 2016

    Thanks to the Zidisha Team for their assistance. I purchased cosmetics and hair products. The purchase made a big difference in my life. I earned a profit of 50%.
    I am able to pay my house rent on time and and pay school fees for my children
    without straining. As I continue with my business I will take my children to
    Mombasa for holiday.

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  • Aran Dunlop    Sep 18, 2015

    Hi Anna, thanks for the very prompt (early in fact!) repayments thus far. Keep it up and for your next loan we'll be able to get you that tablet.

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  • Annah Nduku    Aug 27, 2015

    I received the 2nd loan of US$123.00. I managed to purchase a monitor worth US$115.00. Out of the total loan I only remained with US$8.00. I have not
    bought the tablet as the balance is not enough. Attached is the photo of the
    monitor. Thanks to the Zidisha lenders for their loans.

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  • Annah Nduku    Aug 22, 2015

    I want to buy a tablet which will enable me to work any where and at any time.

    Thanks to the Zidisha Team for their assistance.

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  • Annah Nduku    Aug 19, 2015

    Thanks to the Zidisha Team for the loan. I bought a photocopy Machine and my
    business is doing very well.

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  • Annah Nduku    Aug 18, 2015

    My sales are good. I have made a profit of 70%. I have managed to
    repay my balance of the loan.

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  • Annah Nduku    Jul 6, 2015

    I will increase my stock for beauty Products. It will help me to repay the loan and
    also pay school fees for my children. May Almighty God help the Zidisha Team to
    continue helping.

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