Cosmetics shop

Florence Wanjiru

Nairobi, Kenya

113% paid forward

Entrepreneur

Name

Florence Wanjiru

Member since

March 2014

On-time repayments

343 installments  •  37%

About Me

I am Florence Wanjiru, I am a university graduate. I hail from Kenya in a family of seven members. I am a humble person, God fearing, hardworking and a responsible person. I believe that success comes from hard work and determination. My determination has enabled me venture in a cosmetic shop. During my free time I like to do charity work in hospitals and within the community where I live. I believe that in business you have to take risks in order to succeed. As a woman I know there is no limitation to what I can achieve with my capabilities provided I am determined.

My Business

Hi lenders,
Thanks alot for the Second loan.I purchased my stock and used the proceeds to repay the loan.
As a woman I have always had a passion for beauty. This encouraged me to open a cosmetic shop in my neighbourhood where I sell beauty products like hair pieces different types of body lotions, hair combs and clips among others. My knowledge in these products enables me to have the latest beauty products of high quality than my competitors. My knowledge in beauty therapy enables me to advise my customers on the best products that suit their needs. This has ensured their royalty. Currently the demand for my products has increased even though am faced with financial constraints to ensure steady and timely supply of goods. The loan will be used to purchase more inventory to ensure I meet the increasing demand. Currently I can manage sales of about ksh 30,000 a week which leaves me with a profit of around ksh 6,500. The business profits will be used to cater for the loan plus the income I get from my part time job as clerk in a neighbouring college.

Project Proposal

The funds raised will be used in doing some renovations to the shop to create more space for placing stock.

Feedback

1

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Project Info

Project Type

Pay It Forward

Disbursed amount

$18.33

Date disbursed

Jul 26, 2022

Cost to entrepreneur

Service fee: $0.87

Backers

Caroline Suyanka

Kiserian, Kenya

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  • Florence Wanjiru    Oct 29, 2022

    The funds will help in buying materials for shop renovations.

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  • Florence Wanjiru    Oct 29, 2022

    Thank you for funding my project the funds are accepted with gratitude

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  • Florence Wanjiru    Oct 28, 2022

    the funds raised before helped to do a little bit of renovations in my shop. this has created more space for additional stock and space for customers to shop comfortably.

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  • Florence Wanjiru    Sep 27, 2022

    I buy materials for the renovations of my shop in order to expand space. thank you lenders for the support you have extended.

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  • Florence Wanjiru    Sep 27, 2022

    Thank you my backers for the support given so far i appreciate.

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  • Florence Wanjiru    Sep 26, 2022

    Hi lenders,
    Thank you funding my last project. the funds were helpful in purchasing new stock for my cosmetic business.

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  • Florence Wanjiru    Jul 26, 2022

    Thank you for funding. this will help in expanding my current shop space.

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  • Florence Wanjiru    Jul 26, 2022

    Hi lenders, thank you for your continued support. The funds have been of great help to my business as i have been continually increasing my stock thus getting more customers.

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  • Florence Wanjiru    Jun 14, 2022

    hi lenders my business has been doing well all thanks to your tremendous support. the funds are continually used to purchase for stock.

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  • Florence Wanjiru    Apr 30, 2022

    Thank you lenders for your tremendous support. The loan amounts was used to buy more beauty products to meet the market demands.

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  • Florence Wanjiru    Apr 11, 2022

    low sales revenue from the business due to some renovations going on at my shop

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  • Florence Wanjiru    Mar 29, 2022

    Thank you lenders for the support so far. the loan helped me buy additional beauty products to add to my stock. this has increased the flow of customers to my business.

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  • Florence Wanjiru    Mar 6, 2022

    Thank you lenders for the support you have given me so far. Its really helpful in my business.

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  • Florence Wanjiru    Feb 21, 2022

    The loan helped me in adding more stock to my shop which has also increased my sales levels. I hope to do the same with the funds i will get in future.

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  • Florence Wanjiru    Feb 14, 2022

    the amount received i bought beauty products for my shop

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  • Florence Wanjiru    Jan 29, 2022

    Thank you lenders for the support i appreciate God bless you

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  • Francis Hackman    Jan 28, 2022

    May God help you as you embark on your business

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  • Francis Hackman    Jan 28, 2022

    May God help you as you embark on the business, shalom!

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  • Ansah Emmanuel Kwame    Jan 28, 2022

    All the best my dear

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  • Florence Wanjiru    Jan 28, 2022

    The previous loan help me buy more cosmetics items for sale which in turn has attracted new customers

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