Increase stock in my beauty shop

Norah

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Norah

Member since

January 2021

On-time repayments

5 installments  •  40%

About Me

My name is Norah Nkhoma and am 22 and i come from a family of 6 being the only one girl. I finished my secondary education I couldn't go to college because of financial challenges. I have my own business I sell wigs and a variety of women hair.

My Business

My business is mainly selling wigs and other imported types of hair like Brazilian and Peruvian hair. I order online then I resale here and make profit. The wigs I have made locally and they sale well. The profits I save for my education as I want to go college one day.

Loan Proposal

It's my pleasure to thank all lenders for the loan I have just finished paying today. I need to increase my stock so that my stock has a variety of things from wigs, beauty soaps, sprays, hair etc So this his loan I will use it to order variety of items for my shop.I am confident of making profits which I will use to repay back the loan.

Income Source

I also bake cakes for people especially birthday cakes for children am good at doing decorations and my cakes are able to sell very well. So in case of economic risk on my business at least I have an alternative.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Jan 21, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Babbitt Family Foundation

Reno, United States

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  • Jesper    May 5, 2021

    I have advised Norah to reduce her repayment amount and resume repayments quickly.

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  • Norah    Feb 11, 2021

    I really thank my lenders for the loan. I will use this loan to order a variety of cosmetics for sale in my shop.I thank you.

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  • Norah    Feb 11, 2021

    I want to thank all lenders who funded my loan. I bought a number of staff to increase stock in my shop and am making some profit. Thank you

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  • Norah    Feb 9, 2021

    Dear lenders
    I will be making my repayment either tomorrow or the day after I have clients who have delayed to pay but I have an assurance now.

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  • Norah    Jan 21, 2021

    I have received K527 today and I want to thank my lenders for your support. I will buy items to increase stock in my shop such as wigs, soaps, hair etc. Thank you.

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  • Norah    Jan 20, 2021

    I thank my lenders most sincerely. I really want to increase stock in my shop so that i can be making more profit and just never run out of stock. This will help me achieve my goals. I will use the money to buy hair, soaps, Lotion, wigs and many other lady's cosmetics. Thank you so much.

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  • Norah    Jan 9, 2021

    I received K334 , money I will use to buy wigs for sale. i thank all my lenders.

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