Entrepreneur
Name
Irene
Member since
September 2017
On-time repayments
48 installments • 81%
About Me
Hello,
I am Margaret omoro. I come from vihiga County from western Kenya. I am not currently married but am a single mother with one kid.
I complete my secondary education but due to lack of funds I wasn't able to join college, then I met a guy who promised me heaven but abandoned me when I got pregnant. It was a difficult time since I didn't have support from my family I resorted to doing manual jobs to help me take care of myself and my kid.
I worked hard and saved some cash and that how I was able to start my cosmetic supply business.
My Business
I am a mobile costimetic supplier. My clients are mostly saloon and a other ladies who know me.
I ran my business only mostly this way am able to reach more clients since we live in a digital worlds.
I rely on social media to sell my products. Once someone has made an order we agree on how I should deliver and they usually pay during delivery.
In a month am able to make a profit of KES 18000, after removing all the costs I incurred. That being transport and marketing fee.
Thus business has given me hope and it has given me hope and I am able to take care of my child comfortably.
I would like to widen the range of products I sell this will help me maximize my clientele thus increasing my profits.
Loan Proposal
Hello dear lenders, I hope your year has started well, first let me thank you for the help you have been giving me. Currently I have been able to add more products apart from the hair shampoo, hair gel, skin products and face soaps. Here is a full list of products I distribute to my customers ;
1.hair shampoo
2.hair gel
3.Face soaps
4. Diapers for babies
5. Diapers rash treatment products
6. Diaper bags
7. Nail polish and polish removal products
My clientele is growing day by day as I continue to market my products, I will use this this loan to help procure sufficient products stock to be able to meet my clients orders.
Am going to invest 50 dollars in the diapers, another 50 dollars will help me get more hair shampoo.
From every pack of diaper pack I sell I make 33% profit, every bottle of shampoo I sell gives me 20% profit, for each soap I sell I get 15% profit, for the nail polish I make 18% profit.
The more stock I have the more income I will be able to make. Thank you for the support and I hope you will keep supporting through the loans, let me wish you a prosperous new and may the almighty God bless you abundantly.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$98.00
Date disbursed
Jan 25, 2018
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
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Marcus Mar 21, 2018
Irene Mar 22, 2018
Michael Bauschke Dec 7, 2017
Irene Dec 7, 2017
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