Entrepreneur
Name
Bonface
Member since
August 2017
On-time repayments
126 installments • 14%
About Me
After completing secondary school in 2000 I was employed in mobile telephone company in the retail marketing department .I resigned in 2008 to try my hand in business. . Today I own a cosmetic business and also live on my own. I also have a wife and one child and support my parents and two siblings who are in school . In future I want to be a big entrepreneur and expand my business by opening more branches.
My Business
I started this business in 2010 because I wanted to be self employed and also improve my standard of living. I sell beauty products and fashion accessories such as body creams ,lotions, women scurves,handbags,hair weaves,blouses,wrist watches, sandles, bangles ,ear rings, chains and necklesses .
The biggest challenge I face is lack of capital for expanding the business. Most of my customers are ladies who want to buy beauty products and fashion accessories .
In future i want to expand my business and have three or five more branches. I am proud about my business because it has improve my standard of living.
Loan Proposal
I will use this loan to expand my fashion and beauty shops. I will use ksh 74000 to purchase stock, kshs1500 to rent the new stall and kshs 4000 to pay wages for my assistant who will be selling in the new shop while i take care of the other stall. This loan will expand my business leading to increased revenue and increased profits hence stability. Increase in profits will also lead to increased personal earnings for myself and my family and this will improve my standards of living. I expect to feed my family much better and pay bills on time before i receive warnings.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$927.00
Date disbursed
Nov 18, 2017
Repayment status
Late
Projected term
27 months
Other loans
Lenders
San Francisco, United States
Austin, United States
North Carolina, United States
Guildford, United Kingdom
Ottawa, Canada
Ontario, Canada
San Jose, United States
United States
Germany
United Kingdom
United Kingdom
France
United States
United States
Australia
United States
Hartford, Wisconsin, United States
United States
United States
United States
United States
Sweden
United States
United States
United States
United States
United States
Sweden
Brazil
United States
United States
Sweden
United States
Norway
Switzerland
Hamburg, Germany
Germany
Tanzania
United States
United States
United States
United States
United Kingdom
United States
Austria
United States
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Denmark
United States
United States
Phoenix, United States
Kirkland, WA, United States
Germany
Germany
Paris, France
Germany
United States
St. John's, Canada
United States
Canada
Australia
United States
United States
United States
United States
Akranes, Iceland
Germany
United States
United States
Ask Bonface a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.