Funds for beauty cosmetics stock and building my own saloon
Audrey
Lusaka, Zambia
1% repaid
Entrepreneur
Name
Audrey
Member since
October 2016
On-time repayments
77 installments • 62%
About Me
My name is Audrey Kalenga. I was born in 1987 in Kitwe (copperbelt) in Zambia. I am married with 2 children, a boy and a girl, and one of them is at preschool and the other is still 1yr 9months. I never completed my high school level because both parents were not able to manage to pay for my school because they were poor. I am coming from a family of 4 and I am the second born. My elder sister completed her grade 12 but she can't go to further studies due to money. That is why I started planning to look for a loan to boost my business, so that I could manage to help my elder sister and my other siblings to go to school and also to finish my education. My husband helped me with his small earnings to buy wigs for my small hair salon. My sister is currently helping me to manage my beauty shop, and it is really doing fine.
My Business
I started by plaiting traditional hair, and I got advantage of the market. I used to receive a lot of people from different towns, then I saw the demand for other styles like wigs but I did not have enough to order for my customers. Other customers used to come with their wigs. So, I got some money from the same and ordered a few, but they could not last for a week, then I thought of ordering many in order to manage all the customers. After I saw it to be a good idea to have everything in one place, I met Mr. Ferdnard who told me about Zidisha, and that is how I was so fast to find out about Zidisha. I got interested in applying for a loan so that I could order hair dressers, hair dryers, different types of wigs, new beauty cosmetics (like many types of cream) as per my customer requests. I really want to order everything that is supposed to be there.
Loan Proposal
Dear my Lenders, i will use half of this loan for ordering of beauty cosmetics and the other half will be for construction of my own saloon building. I really want to have my own building where i will have enough space to work comfortably because i now have too many customers. And the rentals keep on increasing. And i will buy blocks for ZMW3,500, and Cement for ZMW1,000 and the order of cosmetics plus artificial hair will be for ZMW4,500. I will benefit greatly from this plan. And i will have a big increase in profit because i am now more experienced on how to use my beauty cosmetics than how i did it on the previous project.
About Me
My Name is Audrey Kalenga. I was born in 1987 in Kitwe (copperbelt) in zambia, i am married with 2 children boy and a girl, and one of them is at preschool and the other is still 1yr 9months. I never completed my high school level because my both parents were not able to manage pay for my school because they were poor. I am coming from a family of 4 and i am the second born, My elder sister completed her grade 12 but she cant go further studies due to money, thats why i started planing to look for a loan to boost my business after my husband helped me with his small earnings to buy wigs for my small hair soloon. So that i can manage to help my Elder sister and my ther siblings to go to school and also to finish my education. My sister is currently helping me to manage my beauty shop, and its really doing fine.
My Business
I started by plating traditional hair, and i got advantage of the market. I used to receive a lot of people from different towns, then i saw the demand for other styles like wigs but did not have enough to order for my customers. but other customers used to come with their wigs. So, i got some money from the same and ordered few, but could not last for a week, then i thought of ordering too many in order to manage all the customers. Now that i have seen it to be a good idea to have everything in one place, i met Mr Fernard who told me about Zidisha, and that's how i was so fast to find out few about Zidisha and i got interested in applying for a loan so that i can order hair dressers, hair driers,different types of wigs, new beauty cosmetics like many types of cream as per my customer requests. I really want to order everything that is supposed to be there.
Loan Proposal
Dear my Lenders, i will use half of this loan for ordering of beauty cosmetics and the other half will be for construction of my own saloon building. I really want to have my own building where i will have enough space to work comfortably because i now have too many customers. And the rentals keep on increasing. And i will buy blocks for ZMW3,500, and Cement for ZMW1,000 and the order of cosmetics plus artificial hair will be for ZMW4,500. I will benefit greatly from this plan. And i will have a big increase in profit because i am now more experienced on how to use my beauty cosmetics than how i did it on the previous project.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,037.00
Date disbursed
Nov 7, 2017
Repayment status
Late
Projected term
114 months
Other loans
Lenders
United States
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