Buy beauty products for my salon

Risper Kwamboka Mose

Bumala, Kenya

100% repaid

Entrepreneur

Name

Risper Kwamboka Mose

Member since

February 2014

On-time repayments

122 installments  •  92%

About Me

I am Risper Kwamboka Mose,35 years old and a kisii by tribe.I was born in Kisii county in the year 1980.I am the first born in the family of five two boys and three girls.Currently i live in Bumala the place i love the most and do my business activity there.I am a Salonist by profession.After completing my forth form my father could only afford to take me for that course.So after training i just work for shorter period under somebody before i started my own so that i can be self employed.I have bought house holds,a motobike and get my daily need from there.

My Business

After working under mrs.Marther for a while a save some capital little by little till i was able to buy all material that i had required to start my own saloon.So be business my own and i have manage to employ other two young ladies.I do offer beautification to ladies hair like blow dry,weaving,braiding,massage,nail art.............I have so many customer because of the better service i do offer for them and there is demand for my service because most of ladies here love to be neat and look pretty too and that is all my work.
The business if profitable because i do always buy most of cosmetics in Uganda at a low price and when i use them here in Kenya i do get something good in return.
The risk i do always experience is power shortage sometimes that do always occurs.My monthly cost is something like ksh 50000 and a profit of ksh 20000.

Loan Proposal

Thank you so much for allowing me to post a second loan.My loan i am going to buy beauty products that i do used to offer service to my customers.That is twenty weaves KES 13,000,ten braids KES 5,500,treatments KES 4,500,hair foods KES 3,500,sets of manicure KES 6,000 and sets of pedicure 6,000.After buying this products the remaining amount i will use to pay electricity bill because i use alot of power in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$449.21

Date disbursed

Apr 26, 2014

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Lender interest: $449.21 at 2.57% annual rate over 9 months = $9.32

Service fee: $12.81

Lenders

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Kitty

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Tilius

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EmilAsker

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Erica

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ads68

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Y

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A

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ColinHicks

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WWTDD37

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trincowski

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Guillaume

Rimouski, Canada

larry

Sweden

A

ajayhk

San Jose, United States

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