Buy inventory for my fragrance shop

Entrepreneur

About Me

I grew up in a small village Nzoia in Bungoma county. Parents took me to boarding school at the age of 8. For the last 15 years I have been working for several start ups, assisting the. To build solid businesses. I realized that if I. An do this others then why not start my own.

I love fragrances and it's this passion that motivated me to begin supplying high end perfumes from Europe at affordable prizes. I just love what I do. For the past 3 years I have been selling small quantities and decided to take it to the next t level.

Nairobi is mostly warm thoughout the year, and most people love fragrances.

My Business

I am a luxury consultant. My niche is fragrances, jewelry and skin care products. The company I partner with us called Federico Mahora, which supplies me with the fragrances. The profit margin per bottle is between 750 - 1500, depending on whether the perfume is a classic, luxury or extravagant. For marketing purposes I have registered a website an venturing into e commerce. I will use the profits to reinvest into the business and expand into new markets; Uganda, Tanzania and Rwanda. I also intend to upgrade my entrepreneurial skins by studying e commerce and social media marketing.

Loan Proposal

I will buy 4 bottles of fragrances at 250 kes. Resell at 500 each. The profit will be 1000 kes. I will then buy stock worth 2000 and make a profit of 2000, then restock with the 4000 and make 8000, in 3 months.

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