First i would like to thank the lenders for funding my first loan. i was able to start my cosmetic business and it is gr...

Annastacia

Zimmerman, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Annastacia

Member since

July 2013

On-time repayments

73 installments • 51%

About Me

I have a diploma in business management from KIMS collage and i have a lot of experience in doing business and management. I have been employed in various companies and i want to shift this experience into my own business. I am a go getter and i know my business will be a success with help of the Zidisha loans. I have been held down by a source of capital but with zidisha it is the greatest opportunity that has come my way. I want to start a cosmetics business together with my little savings. the business will be situated at Zimmerman because there is no other such business.

My Business

The cosmetic business is highly profitable and therefore, i will be able to repay my loans in time and as agreed. There is a lot of demand for this products especially by the ladies who have to buy different hair products in a very short time. The nearest competition of my business is a supermarket and given there are always long queues in the supermarkets people will opt to buy products from my shop. Growing with Zidisha will be the best thing because i will be able to increase the stock with the new loans i will apply. The costs i will incur will only be a business permit and rent.

Loan Proposal

My second loan will be used to increase the stock in cosmetic business. There have increase demand for the products such human hair and the latest weaves. This have been hard to meet all my orders because of limited capital but with the Zidisha loan i will be able to handle this orders. This will allow me to expand my business and even to start my own saloon. The cosmetic business in this area is very profitable and according to my feasibility study it is one of the fastest growing businesses. The other cosmetic products which are fast moving are deodorants and sprays which also attract men. I have do not have stock in these products and people always ask for them.