Salome

Kongasis, Kenya

8% repaid

Entrepreneur

Name

Salome

Member since

March 2013

On-time repayments

16 installments  •  0%

About Me

l salome sialala was born in kongasis of Nakuru county where l attended kongasis primary school and later joined kiptagwanyi secondary school.from there l started l was trained as a saloonist and later on l put my own business in kongasis centre since there were not many in the area.l saw an opportunity and decided to open up a cosmetic shop.l live with my parents and l have one kid who is nine years of age.from the income of my business l am able to pay her school fees and help my parents.l also do have a green grocer that l sell vegetables, fruits and which l have located it outside of my cosmetic shop. l have diversified the business so as to increase my income.

My Business

the business is good since am in touch with my customers and do make sure that l offer the best service.The demand is always there and l do charge my customers fairly so that l can retain them.the cosmetic shop gives me around ksh 10,000 as profit and l do get like25,000 from the saloon since its a service business there minimum risk associated with it. As for the cosmetic shop l always make sure that l don't have dead stock since new fashion comes up everyday and must keep up with the fashion. as for the cosmetic stock l do buy the stock in nakuru and always have a minimum of 30%as profit margin.l do manage the business by myself and this has enabled me on reducing the expenses in that l don't pay for the labour

Loan Proposal

dear zidisha and all my lenders. am very greatful to zidisha for giving me this chance to join lenders all over the world. with this first loan, am going to add more stock in my business so that i can be able to serve more customers in my business. am going to buy diferent types of fruits and greens vegetables in my business . also my saloon business needs alot of stock. so i will use the money to add more stock in my business. thanks so much all my lenders while raising my bids

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 21, 2013

Repayment status

Late

Projected term

16 months

Lenders

T

Tmann

Los Angeles, United States

Hope2012

United Kingdom

Silver

Steiermark, Austria

Sundstroms

Falun, Sweden

Namaste250

Pittsford, United States

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