Cosmetics shop

Florence Wanjiru

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Florence Wanjiru

Member since

March 2014

On-time repayments

339 installments  •  36%

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

I am requesting for more funds to do some renovations to my shop. this will help create more space in the shop. This will help me serve my customers better in the near future.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$22.90

Date disbursed

Sep 27, 2022

Cost to entrepreneur

Service fee: $1.14

Pay It Forward contribution: $3.43

Backers

David Odeny

Nakuru Town, Kenya

M

Michael

United States

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