Mary

Nakuru, Kenya

13% repaid

Entrepreneur

Name

Mary

Member since

May 2013

On-time repayments

27 installments  •  26%

About Me

My name is Mary Kinanu Mwebia and am a resident of Racetrack Estate of Nakuru town that is two kilometers from the town center.am married with one kid who is one year old and graduated last year after completing my degree course in bachelor of commerce.l have a cosmetic shop located in racetrack Estate that l started three years ago with the help of my husband so as to earn a living and support my family.l like traveling and during my spare time l do study accounts in a local college here in town.

My Business

l started the cosmetic shop three years ago so as to earn a living where l sell all types of beauty products and the accessories.The business is good and very profitable as the demand is very high here in the Estate.unlike in town there is little competition as the cosmetic shop are not many.l buy my stock from the wholesalers in Nairobi in dubois road and resell them at a profit margin of 30%. This enables me to make a profit of ks 10,000 on average every month.The secret of my business is that l sell my products at affordable prices so as to attract and retain customers which enables me to maximize on sales.there is little risk associated with the business as l make sure that l keep up with the fashion trend.if advanced with the loan l will addf more stock to my buy business which will enable me to make more sales.

Loan Proposal

dear zidisha, l take this opportunity to thank the entire Zidisha team for giving me this opportunity to borrow my second loan and for their dedication and effort in transforming and empowering the many entrepreneurs.The first loan has really helped me to improve my business as l was able to add more stock to the business.For this loan l will buy more stock for my cosmetic shop so that l can maximize on the sales as we are app[roaching the December holiday and during this period the business is at peak.once again l am very grateful for making this possible.God bless you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$274.00

Date disbursed

Sep 25, 2013

Repayment status

Late

Projected term

24 months

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