Selling second-hand clothing and beauty products

Scholastica Ntarara

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Scholastica Ntarara

Member since

June 2015

On-time repayments

373 installments  •  100%

About Me

I am a 30 year Old Born in Meru. I schooled for both my primary and secondary education in Meru and later joined Mt. Kenya University in Thika Town where i did Diploma in Community Development and Social Work graduating in 2013. My family were not in formal employment in fact they were struggling to bring us up and seeing all they went through to provide for us and make sure we went to school i promised to give it my best and make sure i do well in my education. After my graduation i moved in with my boyfriend who in September 2014 gave me about $200 to start a business since getting employment was not easy. I invested the whole amount in second hand cloths and beauty shop and i am now happy trying to grow my business. We are blessed with two children a girl who is 9 years and a boy who is about 4 years now.

My Business

Since i was young i liked being neat and while in school i would always look for unique items to put on. It was from this and after sharing my idea with my boyfriend, now my husband who had also noticed my liking for beauty products that he decided to fund me with about $200 to start a beauty shop. I started small where i bought some few beauty products combined with ladies second had clothes. Due to my commitment and passion for this line of business it has been growing at a commendable pace. My customers like me and my husband also likes visiting my shop because he say he finds me funny selling and negotiating prices with my customers.

Loan Proposal

My intention is to continue expanding my Beauty Products and Second Hand Clothing Shop. I will spend the loan amount as follows; $250 to boost my beauty products and the balance of about $123 to bring more stock of second hand clothing. My target is to see my profits grow by about 10% before the close of this year. This will see my life together with that of my family continue to flourish and will also be in a position to give something back to my community.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$385.01

Date disbursed

Apr 17, 2016

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $15.88

Lenders

Paul Buchheit

Mountain View, United States

SuperMario28

Cudahy, United States

The Zinc Team

San Francisco, United States

Ask Scholastica a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Scholastica Ntarara    Nov 22, 2022

    Thank you for accepting to led to my project. My husband and I are going to use the funds in starting a hardware shop business through combined efforts within the outskirts of Nairobi as we continue on working on improving the family income. This will definitely take us as a family a step ahead, because increased income means better lives for not only us as a family but also those we are going to employ in helping to run the business as well the community around us.

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  • Benard Ekuwom    Nov 9, 2022

    Let’s support Scholastica as one family,,,, best wishes

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  • Scholastica Ntarara    Nov 8, 2022

    Dear lenders,

    I take this opportunity to thank you for lending my last project of expanding my beauty products and second hand clothing shop. Your funding has enable my shop to grow whereby am able to make sales of about Kshs. 50,000/= per week, with the profits averaging at about 30% of the sales amount. I have reinvested some of this extra profits in expanding the business as well as helping in footing the family bills. We are now doing well as a family, thanks to you, and have managed to take our kids to even better schools.

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  • Scholastica Ntarara    Sep 9, 2022

    Dear lenders,

    Thank you for your patience as i continue to repay my loan. Kindly allow me to reduce my repayment instalments as follows so as i may not miss on repayments.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Aug 26, 2022

    Dear lenders,

    Kindly allow me to reduce my repayment instalments as here above so as i do not miss on repayment and affect my credit score.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Aug 15, 2022

    Dear lenders,

    Kindly allow me allow me to reduce my repayments as follows so i don't miss on repayments.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Jul 29, 2022

    Dear lenders,

    Kindly allow me to adjust my repayments as follows so as i may not miss on my repayments.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Jul 15, 2022

    Dear lenders,

    This is to make a kind request to allow me reduce my repayments as stated above so as I do not miss in my loan repayments. Thank you for your understanding.

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  • Scholastica Ntarara    Jul 1, 2022

    Dear lenders,

    Kindly allow me to adjust my repayments as stated above to avoid missing on my repayments.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Jun 13, 2022

    Dear lenders,

    Kindly allow me to reduce my repayments as stated so as i may not miss on my repayments.

    Regards,

    Scholastica

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  • Scholastica Ntarara    May 30, 2022

    Dear Lenders,

    Kindly allow me to reduce my repayments as stated above so as i do not miss on my repayments.

    Regards,

    Shcolastica

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  • Scholastica Ntarara    May 20, 2022

    Dear lenders,

    Thank you for this far we have come. Kindly allow me to reduce my repayments as above.

    Regards,

    Scolastica

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  • Scholastica Ntarara    May 6, 2022

    Kindly allow me to reduce my repayments as above stated.

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  • Scholastica Ntarara    Apr 24, 2022

    Kindly allow me to reduce my repayments as here above.

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  • Scholastica Ntarara    Apr 8, 2022

    Kindly allow me to reduce my loan repayments so that i do not miss on repayments.

    Thank you.

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  • Scholastica Ntarara    Mar 27, 2022

    Dear lenders,

    Kindly allow me to readjust my repayments as follows.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Mar 13, 2022

    Dear lenders,

    Kindly allow me to reduce my repayments as follows due to financial constraints so as i do not miss on my repayments.

    Regards,

    Scolastica

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  • Scholastica Ntarara    Feb 21, 2022

    Dear lenders,

    Thank you for your continued support and understanding as i continue to repay the loan. Kindly allow me to readjust my repayment as above so as i don't miss on my repayments.

    Regards,

    Scholastica

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  • Scholastica Ntarara    Feb 7, 2022

    Hi lenders, please allow me to thank you for your continued support and also for being patient with me as I make my repayments. Kindly allow me to reduce my repayment as above so as I don't miss on my repayments.

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  • Scholastica Ntarara    Jan 25, 2022

    Dear lenders,
    Business is not doing very well but am hoping that soon things will improve. Please allow me to reduce my repayments as above. Thanks for your understanding.

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