47 installments • 64%
I'm Cynthia. I recently started a perfume oil business and have been seeking for loan opportunities to expand my business. Till someone recommended Zidisha to me.
I started selling smaller sizes of the oils. Since then, my clients have been requesting for bigger ones hence the need for the loan
I sell perfume oils in different sizes. I sell them in size 3ml, 6ml, 10ml, 15ml, 20ml, 30ml and 50ml. I intend to partner with an existing company as a sole distributor in my state, Abuja in order to further expand the business
With this new loan, I would buy the perfume oils in even larger quantities to accommodate my new customers.
I also intend to increase the bottle sizes beyond what I currently sell. I used to sell in 3-30ml bottles and will now begin to also sell in 50ml bottles.
In order to repay this loan, I am going to begin office to office marketing of my stock. In previous times, most sales were derived from referrals by old customers.
I am also going to Intensify my social media marketing to drive in more sales
Feb 4, 2021
Cost to entrepreneur
Service fee: $13.50
Credit risk payment: $45.90