Increase shampoo stock in my product

Irene

Nairobi, Kenya

100% repaid

Follow Irene

How it Works

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

First and foremost thank you for giving me this opportunity. I would wish to request for a loan of KES 1700. I will use this amount to help increase shampoo stock in my product. Shampoo is one of the products that moves so fast and most of the time I run out of and disappoint my clients. Kindly help me grow my business and better the life of my kid.
Thanks in advance.

Feedback

Positive

Neutral

None

Negative

None

Marcus Mar 21, 2018

Well done, Margaret,
you paid back much earlier than expected.

Log in to reply • Share
- Irene Mar 22, 2018
  
  Thanks Marcus, i need to get a new stock for supplying this will help me achieve a goal set to set up a shop by may.
  God bless you
  
  Log in to reply • Share
Michael Bauschke Dec 7, 2017

Always on time Repayment, but too less information, nevertheless positive.

Log in to reply • Share
- Irene Dec 7, 2017
  
  Thanks Michael for your positive feedback, I will try to give more information in my progress. Thanks for your faith in me I hope you keep supporting me in my loans. May God bless you.
  
  Log in to reply • Share

Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Sep 10, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Sep 2017: $63

Jan 2018: $98

Mar 2018: $256

Lenders

Dave Tyler

United States

Ask Irene a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.