Buy salon straightener and cosmetics

Ann

Nyeri, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

July 2017

On-time repayments

221 installments  •  71%

About Me

I was born and brought up within the nyeri vicinity and my education started at Village level up college level where i did an marketing and sales certificate course .
Due to lack of employment opportunities readily available i decided to start an Enterprise of stationery buying and selling. I am also a market products of cosmetics company where i receive commission on promotion and improving sales in our region
I have now changed to a saloon business venturing well.
Best regards

My Business

I Normally deal with saloon work for now and cosmetics and more to that am in Agribusiness to cater for the Family . Previously I have been dealing with stationery work on distribution of exam materials due to covid 19 so many schools and associates in religion closed down their businesses and I was forced to stay at home. Previously I had gone to Hair dressing and beauty college so I thought of utilizing my skills learnt in school and opened up a saloon business and got support from family members with initial start up Machines and I was ready to go. The business have ventured a number of customers . those customers needs some Services which I have skills but I don’t have the Equipment which if funded they will cater up to at least 70% of the customers needs. The initial cost to buy items will be 65% purchase price on the base limit of service will be 15 % per every customer therefore I will realize the initial cost minimal margin if I get 5 customers [75%] therefore when I deduct my expense on feeding family. I also save for my daughter schooling and clothing.
Best regards

Loan Proposal

I will buy a saloon straightener and cosmetics for customers . On the previous business the the venture has grown for 6 months and thats why am strong to request for funds . If i get the funds and put the cost on to it i will also put the business on advertisement to put the business the finger tips on my royal customers. This will much also improve my family since diversity and increase on customer who needs that service.

Best regards

Income Source

For the risk i will keep 35% of the amount to other ventures that is a side hustle like buying Cereals and reselling them to get a refrain to the already given loan.
Best regards

My Videos

Mar 3, 2021: Business confirmation to current saloonventure

Feedback

2

None

None

  • Joshi    Jan 22, 2019

    Ann has been a great borrower. Would be glad to contribute again to her loans.

    Log in to reply • Share
  • Joshi    Nov 12, 2018

    Prompt payments. Good feedback.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$88.00

Date disbursed

Mar 7, 2021

Repayment status

On Time

Projected term

2 months

Lenders

Leesa

Australia

PR

Paul Reilly

United Kingdom

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