Peter

Kiratina, Kenya

Funds disbursed

$0 to go

100% funded of $500 goal

0

days left

Entrepreneur

Name

Peter

Member since

February 2013

On-time repayments

20 installments  •  0%

About Me

I am a Kenyan citizen who live in Kiratina in Nakuru district. The residential and a commercial area that is developing at a high rate. I work in Nakuru town whereby am a beauty and a cosmetics businessman. Am a businessman who has invested all his time, money and experience to be self employed. My business is growing at steady fast; this has been contributed by taking the earnings back to the business and giving back to the society by training at affordable fee. I am married and have 2 children and one is in school.

My Business

Kefas Cosmetics and Beauty shop is the name of this business. The business begun in year 2005. We offer all the services that hair requires. We sell beauty products at affordable prices. The increased number of clients is due to quality services given by qualified staffs. The amount earned is used to replenish the stock, payment of staffs and house rent. The business is able to earn about Kshs. 30,000 and in a month there is an expense of about Kshs.18,000 thus giving me a profit of Kshs. 12,000. This translate to a margin profit of about Kshs. 140,000 per annum. The main challenge in this business is lack of enough capital to fully stock the business to satisfy my customers.

Loan Proposal

I am a businessman therefore, I will use the loan to fund my business.

I am planning to increase beauty products that are highly movable that way i will attract more customers.

I am planning to improve my machines so that customers will be comfortable

I will also do advertisements like creating cards for giving to new customers that i can meet.

Feedback

None

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Mar 13, 2013

Repayment status

Late

Projected term

21 months

Lenders

C

CWS

Huntington beach, ca, United States

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

E

erozlum

Istanbul, Turkey

aarongabrielson

Heber City, United States

Scott Walker

Canmore, Canada

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

fcjapan

Osaka, Japan

SkyWalker

Stromberg, Germany

mossuto

Milano, Italy

D

darkpella

Correggio, Italy

T

Tuxie

Stockholm, Sweden

Ingela

Falun, Sweden

J

jjoshua2

Hanover, United States

T

Thesamf

Stanton, United States

VALEK

Canberra, Australia

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