Increasing stock for my saloon

Entrepreneur

About Me

I am 20years old and finished my high school in 2010. After finishing high school i had to look for ways for survival. This is because my parents had no money to take to to college so i started to think of ways in which i can survive, i started washing cloths for my neighbors where i got some little in come and started saving until i got some good money for me to start my own business. Before i started that business i had to sit down and think of any profitable business and that of the saloon pops out. And with my passion and knowledge of plaiting i decided to start the saloon. My land is very fertile and good for agriculture and that one thing i love so much about it. I currently don't have any children but soon hop to get some. i like traveling, Adventure, listening to music and making new friends

My Business

I operate a Solon where i do manicure, pedicure and other services i also sale beauty products. I choose this kind of business because its very marketable as most ladies and women must every day make there self beautiful. This business gives me a monthly income of around twenty thousand shillings. the profit i get from this business i re invest it.

Loan Proposal

The loan i get from i will use it to add some stock to my saloon because i see it has a potential off serving lots of my women costumers but just that because i don't have sufficient stock most of my clients normally don't get what they want and they are forced to move to other beauty shops. The beauty products i want to buy cost 100USD but currently have 30USD to from the top up i get from this Loan. The benefits i get is that i will be able to serve all my customers as they will not lack any thing from the Shop. This will help increase my profits which will increase and my income as a whole and also increase my economical status of the people around me and myself. I expect my profits to increase from 200usd to around 300usd

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