Cosmetics and beauty shop

Leah

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Leah

Member since

November 2016

On-time repayments

35 installments  •  63%

About Me

Am Leah Nyambura from Eldoret,Uasin Gishu County,Kenya. I grew up in Molo and went through education in Molo district. My Childhood was fairly good,my parents were both farmers and they Irish potatoes to see us through school. I went to St.Peter's Girls for my Primary school and later joined Michinda High school for my Secondary education. After my secondary education after attaining grade C,i was not able to proceed to the University. Since my parents were struggling to raise my other siblings,i moved to Eldoret to look for a job to sustain myself. i worked as a shop assiatt for a while and i managed to save Kshs. 25,000. I left my job and started hawking cosmetics, during my hawking time i was able to get a small shop where i started up the current cosmetic shop. In the last 4years i have been in this business,i enjoy what i do,though sometime the business is challenging because most people here don't buy cosmetics regularly,but the business keeps growing and it has helped me raise my 2kids well. My firstborn son would love to be a doctor,and am really happy about that and i try my best to keep him in a ample environment to enable him achieve his dreams.My other child is still too young,but when i look at her,i can see an upcoming PR guru,she murmurs alot to people. I love reading inspirational books,and my current book is 'The Power of Positive living by Norman Vincent Peale. it is a very inspirational book and am picking very positive info from it.

My Business

mI have a cosmetic shop business and i also deal in kids shoes. The cosmetic business is in demand because my shop is next to a sallon,most times my customers are ladies who come to visit the salon.my business is good because in a day i can sell upto Kshs. 5000,where in this my profit is about Kshs. 1100. I make a net income of Kshs. 20,000 to 30,000 a month. My profits are used in paying house rent of the house i live with my kids,paying fee and i restock on the stuff i need in the shop.

Loan Proposal

I will buy new stock for my cosmetic shop
1.lip sticks
2.lip liners
3.mascara
4.lip balms
5.face powder.

I will be able to serve my customers well and also increase my profits,which will help me settle my loan and bills with ease,with this loan my profit will increase by 60%.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Sep 15, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

A

Anninymouse

Southampton, United Kingdom

ME

Manaal Eisa

Washington DC, United States

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  • Leah    Sep 18, 2018

    My last loan was really helpful,I was able to buy additional stock and through the sales I got more profit that helped me pay up the loan and also my bills.

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  • Leah    Sep 11, 2017

    Thank you so much for the Loan.
    I will buy new stock for my cosmetic shop
    - [email protected] for 20pcs and resell at Kshs. 100
    - Lip balms@Kshs. 20 for 20pcs and resell at Kshs. 50
    -Make up bags@ Kshs. 50 for 10pcs and resell at Kshs. 80
    -Eyepencils@Kshs. 8 for 20pcs and resell at Kshs. 20

    The profits made will help me in expanding my business and paying the loan and some of my bills.

    Thank you so much for the loan and trusting in me,I look forward to more loans and better relationship with you my lenders.

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  • Leah    Sep 1, 2017

    I will buy new stock for my cosmetic shop,this will help me so much as I will increase my sales and my profits will be better. My profits will come along way in helping me settle the loan and also my bills

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  • Leah    Jul 27, 2017

    I received a loan of 1123 and i bought cosmetic items for my shop,thank you so much for your continued support.

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  • Leah    Jul 12, 2017

    Thanks for lending me this money to expand my business,I will buy cosmetic items for my shop,and the profits acquired will really help in paying my bills and expanding my business.Thanks so much for you help

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  • Leah    Jul 12, 2017

    My last loan was very helpful to my business,i got a chance to venture more in buying new commodities for my cosmetic shop from Malaba border of Kenya Uganda. I got very positive reviews and this has increased my profits. I am looking into working more with you as my lenders ,as you help me expand my business

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  • Leah    May 25, 2017

    i received a total amount os 1,123,i intend to buy cosmetics for my shop.e.g eye liners,lipsticks and eye pencils.Thank you so much for granting me this loan and enabling me expand my business.
    Looking forward to more loans from you.

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  • Leah    May 20, 2017

    I will buy lip liners and lipsticks for my cosmetic shop,the profit made will help me cater for my utility bills and add some stock for the shop

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  • Leah    May 18, 2017

    I bought cosmetics items,ranging from Nail polish, eye shadow,eye liners,lipsticks etc. The profit margin was really good and am very thankful for the continued support you keep giving to my business.

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  • Leah    May 3, 2017

    Am so thankful for the loan of 1,182 that you offered me,i received the loan and bought cosmetics products for my shop which is doing well,thank you and looking forward to your facilitation.

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  • Leah    Apr 7, 2017

    I will purchase cosmetic products for my shop e.g Eye pencils,Hair braids and Hair rubber bands. The profits made will help me in paying rent for the shop and buying new stock. Thank you so much for funding my loan, i promise to pay on time,to enable me grow more.

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  • Leah    Apr 7, 2017

    I would like to first thank my lenders for the support you have been according to me.The loans given have really boosted my business and it is growing well and i get more profits. The last loan was of 788,i took 700 and bought cosmetic items which consisted of hair bands, girls rubber bands at 15 shillings a packet and i was selling at 30 shillings,giving me a profit of 15shillings per each packet for the 46pkts i bought. The profit margin was excellent and this has enabled me get good returns. I plan on getting more cosmetic items this time,that why i will be very grateful if you lend me the loan i apply for.Thank you all so much.

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  • Leah    Feb 20, 2017

    I received my loan of 748,i bought eye pencils for my cosmetic shop,which are moving very fast,am soo happy with the progress am making. Thank you soo much for granting me this loan and enabling me expand my business more. looking forward to more help from you.

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  • Leah    Feb 11, 2017

    Thank you for funding me,this loan will enable me to buy eye pencils to sell at my cosmetic shop,the eye pencils are fast moving product and they bring in a 70% profit,out of this am able to pay bills and also buy more cosmetic products for my shop.

    Thank you so much,am very grateful for the loan offer.

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  • Leah    Feb 11, 2017

    I was given a loan of Kes. 500,i purchased eye pencils which were first moving,out of the 500,i got a profit of Kes.250,am very greatful to my lenders and i wish to keep lending to increase my business and also tap into soo much potential that is in cosmetic business.

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  • Leah    Dec 22, 2016

    Dear Lenders, I am very thankful for your assistance,with the first loan given to me.The loan enabled me to buy beauty products for my shop. So far my earnings have increase my profit to 78% every week. And this has enabled me with the capacity to pay my bills and provide for my kids well. I am still in need of another loan to add more products to increase my earnings.Thank you.

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  • Leah    Dec 7, 2016

    I received the loan this morning,and am currently from buying the eye pencils as i had earlier mentioned.Am so grateful to my lenders for providing the loan to boost my business.

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  • Leah    Dec 5, 2016

    I will buy eye pencils for my cosmetic shop.this amount will help me boost business.thank you soo much for the support

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  • Leah    Nov 29, 2016

    I will buy new stock for my cosmetic shop,this money will really help me in terms of increasing my customer base. Am so grateful to my lenders for having confidence in me.

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