I will open a barber shop that will work alongside my spa buy extra stock also for my cosmetic and beauty shop that will...

Nancy

Nyamataro, Kenya

10% repaid

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How it Works

Entrepreneur

Name

Nancy

Member since

February 2014

On-time repayments

72 installments • 4%

About Me

my name is nancy,iam 22 years old and business lady.iam the second born in a family of three.i have no dad.we have been raised by our mother who was a single parent.my mother has lived her whole life as a peasant farmer.i went to public school for my primary education and passed well.due to lack of school fees the headteacher of my primary school offered to sponsor me in my secondary school education,where i passed. i live in kisii town in a village called nyamataro.am self employed.i hold a diploma in business administration i graduated from nairobi aviation college last year january.i searched for a job but did not get one and i decided to start ma own business.the earnings i get from my business i pay my bills and support my younger sister by paying her school fees.

My Business

i have a beauty and cosmetic shop,a boutique and a spa.in my boutique i sell designer clothes shoes and handbags for adults and teenagers.there is demand for the goods because they are firsthand,trendy and latest.the designs are unique since they designed by top designers in Dubai.my beauty and cosmetic shop i sell jewellery,colognes and different types of skin products.they are of demand because they are of high quality and affordable.in my spa,we offer different types of services for example massaging,manicure and pedicure.i get a profit of 30.000 after settling all my expenses incurred.if i get the loan i will boost my stock,employ more assistants and positively expand my spa by adding a barber shop.

Loan Proposal

if i get the loan,i will buy a barber machine,pay a barber man for the first one month as salary,buy barbershop equipment.
i will also use the money to buy more stock for my beauty and cosmetic shop that is perfumes,nail polish,jewellery that is earrings,bangles and lady make up.i will also renovate my shops by repainting them in more attractive colours to attract more customers..
i will also use the remaining to pin advertisemrnts of my businesses in streets so as to gain more customers.thank you in advance.