Expanding inventory of beauty products
Felister Muturi
Juja, Kenya
100% repaid
Entrepreneur
Name
Felister Muturi
Member since
May 2015
On-time repayments
232 installments • 84%
About Me
I was born and raised in Mbeere north constituency, of Embu county. I went to our local primary school (Kamugu pri scl),after which i joint Consolata girls (IRIAMURAI) for my secondary education.My mother made me to grow up knowing how to coup with all situation, since she was a single mother and she was able to raise our family of four kids and I was the last born child. after completing my secondary school level of education, i moved to Thika where I stayed with my older brother waiting for KCSE results. Thereafter i joined Thika institute of business studies where i did computer packages and business management. After college i was employed at Nigchem Africa sires in juja kalimoni where i worked as sales person. After working for 2yrs i decided to use my savings to start my own business in juja.
My Business
In my business i deal with all types beauty products . they are very useful because most of people in this location are youths and therefore this kind of business move very fast. I chose to start this kind of a business because it does not require much capital of which i could not afford. I use my 20% of my profit to pay my business house rent, 15% on government revenue, 50% to add my stock and i save the remaining 15%
Loan Proposal
I will buy the following products
10 pieces of weaves @5$
100 pieces of braids @0.6$
100pieces of hair food @1$
50pieces of earnings @5$
50 pieces or hairband @0.5$
By buying this products,am able to maintain my customers leading to more profit.
This products will increase my profit with 20 % due to more stock.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$563.65
Date disbursed
Jun 3, 2017
Repayment status
On Time
Projected term
8 months
Cost to entrepreneur
Service fee: $23.68
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