Buy cosmetics, hair weaves & beauty care products

Ruth

Miwani, Kenya

55% repaid

Entrepreneur

Name

Ruth

Member since

April 2015

On-time repayments

69 installments  •  12%

About Me

My name is Ruth Wanjiru Kamau, born in 1984 in Uasin Gishu, Rift Valley Province, Kenya. I am born to Rachel Nduta and David Kamau. Married and a mother of two children. I am currently in college and still doing business(Beauty Services/Beauty Products Supplies) in Machakos County. I currently reside in Miwani Estate, Machakos County, Kenya. My hobbies are traveling, making friends, reading in general, and church activities. I am currently going to college on vocations learning/school holidays to improve my grades in teaching career. Am very much interested in business/entrepreneurship, it keeps me engaged and helps me meet my daily financial needs in the situation of low employment opportunities and under-employment in Kenya. I love feeling beautiful and looking good too, and am sure everyone loves that too! To be beautiful means one must invest in it, that's why i make it easy for my customers and everyone by supplying the beauty services and products to them at all times. It's service to my customers and business to me, making a living out of it, changing my livelihood positively.

My Business

I am currently supplying beauty products to already established beauty salons in Machakos Town. I personally deliver beauty products to the businesses myself, and my returns from it is USD 300. I only have one part-time employee in my enterprise and my goal is to expand the venture and afford opportunity to open a beauty shop and lounge for myself and employ more young ladies to do supplies for me in distributions and marketing to a wider customer base. The business also supports me in paying my school fees and supplements the home budget in support of the family on daily or monthly basis. In future my dream is to operate the best beauty salon lounge and a clothing and shoes supply enterprise in Machakos Town.
Currently i deal with beauty products like hair shampoos, liquid soaps & washing detergents, hair chemicals, hair weaves, water eye pencils, make up brushes, face cosmetic sets, slim sharpers, perfumes, face powder, hair pins etc.

Loan Proposal

I intend to use the loan to buy more cosmetics, hair weaves, and beauty care products to supply to my customers(salons and home delivery/Individuals) at an affordable price and make profits. In the beauty care business the more you sell- the more you make profits, and one must at all times meet the customers needs without fail, I can only make profits through making sure that stocks are available at all times for my customers. The loan will be used to expand my business by adding more stocks/products for sell. I am proud of this business, it makes my customers smile, that makes me feel good too! And improves my livelihood too.
In every round of purchases I use at least USD 161 to buy my supplies from the Manufacturers or whole-sellers, and after retailing making USD 268 to USD 300 per month. If I increase my purchases, then my profits will shoot up to USD 350 to USD 400 per month, that would be a big achievement, it would be growth.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 2, 2015

Repayment status

Late

Projected term

16 months

Lenders

DeanDropshot

Oslo, Norway

M

mason243

Denver Colorado, United States

A

axienjii

Amsterdam, United Kingdom

Gab

Singapore

BC

Best Chapman

United Arab Emirates

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  • Ruth    Aug 27, 2015

    Its difficult for me and my business right now, am trying still to fix my cash flow. The investment i made with the money is going on well and will shoot up soon as we are going towards high season in December this year. I love this work and i have a lot of hope in it.

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  • Lilian    Aug 19, 2015

    halo lenders, i cant find Ruth for now but i will still look for her ,pliz bear with us, thanks

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  • Ruth    Jul 22, 2015

    I need to thank Zidisha for supporting me with a loan. My cash flow was affected by an incident that happened as I was shopping in Nairobi, I lost over 20, 000 after my bag was cut with a razor blade and money stolen and also my phone. My investment was to buy more beauty products , hair wigs, and other accessories to supply to different clients and salons in Machakos Town, Kenya. The business is still on but there is some slowness in supplies because of low demand in the month of June/July 2015. I believe everything will be well soonest possible.

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  • Lilian    Jul 8, 2015

    hi lenders, this is Lilian kimko volunteer mentor to Ruth kamau, managed to talk to her yesterday and she promised to reschedule her payment, the business had a great financial issues thus the delay,just give her time as she sorts herself out,
    thank you

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  • Ruth    May 1, 2015

    Zidisha loans is a very good economic empowerment & development loan product for smale businesses with a dream to grow through expansion. I love this well tailor made product in this digital world. Thank you zidisha.

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