Cosmetic and beauty supply

Caroline

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Caroline

Member since

August 2017

On-time repayments

10 installments  •  90%

About Me

My name is carolyne wanjiku .Born and raised in kiambu county .i moved to Nakuru for my high school studies.i join KIM for business studied and completed in 2016.i started working as a Secretary in a law firm in Nakuru .My family also moved to Nakuru last year when they bought a land at kiamunyi and settled there .Am a business oriented women and my passion is in business,i have worked hard to start a business in Nakuru. last year i met Mr Maisy who had started a cosmetic supply in Nakuru and he tried to explain to me the way zidisha has helped him financially.At that time i was not ready to join since i didnt trust him ,but by watching his business grow i have decided to join him.i started my small business because of the passion and desire to be my own employee.

My Business

Currently i am supplying all kind of women beauty products eg lotions,creams ,reckless earings,chains human hair etc. this goods are in a very high demand not only in Nakuru but everywhere in this country.Also the availability of the goods is guaranteed since one does not need to travel outside the country to get them.i choose this kind of business because i can operate it online as well as in my shop.beauty products they vary in cost depending with the type of clients you are dealing with and their social class.it costs around USD 1000 to start the business.the profit gained from the business is mostly reinvested back because the business is still at the initial stage of growth.more capital is needed currently to enable the business to break-even

Loan Proposal

Currently my business is worth USD 600 .i started the business this year.if zidisha group gives me a loan of the stated amount, i will use the amount in buying more stock.currently i need about USD300 to purchase the following items.the demand for human hair is very high and one package goes for around USD60.i approximately need around ten to twenty pieces to start with.this loan will enable me to create more opportunities for other people in the society by employing more staffs .my target is to increase the profit by double digits by the end of this year.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Aug 22, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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