Inventory for a new beauty product range

Margaret

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

February 2015

On-time repayments

41 installments  •  41%

About Me

My name is Margaret Mwinji from Nakuru County, Kenya. I work in Mount Kenya University Nakuru campus. I am married and a mother of two kids. I was introduced to this team by my colleague. Swimming, dancing and socializing are some of my hobbies that I love during my free time. I am self-driven, focused, responsible and easy to get along with. Being a first born, wife , mother and also a student, I have mastered the art of multitasking in my current job and my business.I believe that challenges are instrumental in shaping our live sand that is why i acknowledge any challenge encountered in my today’s ladder of success. I have learnt to keep going no matter how at times get tough on my way. Having a family is one of the things that has really shaped my life since I always focus on it and always try make the best out of everything that I do daily for my family.

My Business

I am inspired by the Kenyan Beauty Industry as there is more demand of these products by both genders in the recent past. Buying and Selling of various beauty products is my part-time job. I have a beauty shop located at Nakuru town, sokoni plaza, shop number 10 first floor. I do use my profit in reinvesting in my business and also improve the life of my family. I been in this business now for a year and a half and I have loved being in business, this has been a learning platform and also one of my achievements in life. There have been challenges along the way but i believe am getting to conquer most of them. I really appreciate Zidisha and my lender for the loan that i got as i was able to add more products and my client base has increased.
This business has really helped my rediscover my inner-self and opened up my world to a world of friendship, beauty, business creativity, profitability and most important fun that never existed to me before.
I am looking forward to integrating my business to a shopping cart where I am to do online advertisement and sales that will help me expand my client base and raise my sales.

Loan Proposal

Since Beauty is intriguing to both men and women, beauty products will always be in demand as with beauty comes success and happiness. Thus the need to increase my inventory of the products.
I intend to purchase beauty products worth $167 and the rest $20will be used for communication to my clients so as to inform them of new products and also for follow up of how the previous products are working on them. I am also planning to involve a few sales interns from nearby learning institutions as part of my plan to increase sales, this will assist my business expand in its clientele as well as experience , exposure and knowledge for the sales intern.
I anticipate to earn 30% profit for each product sold as these are the rates from my suppliers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 10, 2015

Repayment status

On Time

Projected term

8 months

Other loans

Lenders

Zidisha

Sterling, United States

A

ashtanga99

Newport, United States

ads68

Melbourne, Australia

F

Fowlster

Hackettstown, United States

jhealy87

Silver Spring, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

J

jonesabankwa

Bronx, United States

F

FredBetty

San Antonio, United States

fairspirit

Utrecht, Netherlands

S

ssj2k4

Broken Arrow, United States

P

peter9

Victoria, Canada

davidt

San Francisco, United States

G

Gwencalon

Garching b. Muenchen, Germany

Elaine

John Day, United States

M

Moamar

Grand Rapids, United States

VintageCalifornia

San Diego, United States

S

Smelville

Ottawa, Canada

P

pastabox

New York, United States

S

sublibyss

East Lansing, United States

M

mgnyc

New York, United States

I

ianb723

ROCHESTER, United States

R

Rondo911

sherbrooke, Canada

Richard100

Santa Ana, United States

P

prashant

SUNNYVALE, United States

M

mrsfit

Surrey. BC, Canada

A

arwaandali

Ottawa, Canada

zaoyoga

Toulouse, France

W

Walter1

Bergneustadt, Germany

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

C

CJAnderson

Sydney, Australia

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

K

kilanta

Jyväskylä, Finland

A

AegeusOceanus

Seattle, United States

P

Phoint

Zurich, Switzerland

Peter Marozzi

Kaohsiung, Taiwan

larsandanika

Langen, Germany

K

Krish

Dubai, United Arab Emirates

TraciV17

Indianapolis, United States

F

Fritzimax

Pacific City, United States

Bill2073

Florida, United States

I

icmoonchild

Haddon Heights, United States

O

ommthree

Egg, Switzerland

C

corvus

Paris, France

J

jocke

Stockholm, United States

J

johanwinnubst

Amsterdam, Netherlands

paulclinton

malaga, Spain

A

anonalender

Hampshire, United Kingdom

G

gradient

KFAR SABA, Israel

C

Carlos

Barcelona, Spain

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

W

wilma95

napa, United States

Inspire

Calgary, Canada

A

Adiuvo

United Kingdom

T

ThereIsNoGod

Singapore, Singapore

R

rebtl

San Francisco, United States

D

doublehelix

Philadelphia, United States

A

alettore

Schleinikon, Switzerland

A

andprosper

World Peace, United States

90803

Long Beach, United States

M

MHarrison

Bristol, United Kingdom

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

E

Esseni

Cincinnati, United States

C

Catch22

The Colony, United States

H

Hal86

Sava, Italy

J

jebediahFND

Oslo, Norway

R

rosebo

Bend, United States

T

Travelover

Northville, United States

E

E

Marin county, United States

Parkmobile

Fort Bragg, United States

G

Gdrvasc

Frederick, United States

H

happytrailsjpd

South Bend, United States

A

andy.gayton

San Francisco, United States

M

markus61

cologne, Germany

S

svt19

Toronto, Canada

I

ingredion00

Indianapolis, United States

Q

QPWOEI

Norwich, United Kingdom

M

mibrahim51

Mountain View, United States

A

adelias

plymouth, United States

E

emilyeaton

New York, United States

G

GreenMoney

Lahr, Germany

A

Alizar

Toms River, United States

A

akshu71

Ottawa, Canada

pvilliger

Zurich, Switzerland

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

KM

Kirsty M

United Kingdom

Paul Buchheit

Mountain View, United States

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