Inventory for my my cosmetic shop

John Macharia

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $370 goal

0

days left

Entrepreneur

Name

John Macharia

Member since

April 2015

On-time repayments

164 installments  •  79%

About Me

Growing up at the foot of the Aberdare ranges, my teacher instilled in me a desire to excel in whatever i do all through my education life i have aspired to do this. Even when odds ad obstacles hindered me i pressed on by working hard in whatever job i found myself in enabling me overcome. With increased demands of life a business seemed a good way to start o. However despite failure i pressed on. You can achieve anything as long as you put your mind to it. this is my motto

My Business

Vermiculture and Purchase of Feed making inputs and Equipment
AS enumerated in different researches Agriculture continues to be an essential sector as it offers food, employment opportunities and income to many people both in the urban and rural areas. The sector is divided into more than one subsector namely; livestock sub-sector, crop-subsector, the manufacturing sector, the service sector among others. All these sectors play a pivotal role in ensuring that the agricultural sector continues to grow. The livestock sector, one of the important sectors, improves nutrition by providing households with eggs, meat and creation of employment opportunities. Small scale poultry farming, an essential category in the livestock sub-sector, can provide positive spiral events that will not only improve the nutrition but also lead the rural households out of poverty. Moreover, it can be used to empower women whose integral role in farming households of bearing most of the responsibilities for household food security and income is crucial. Interventions aimed at improving smallholders and especially women capacity to produce poultry places them at a pivotal position to play a great role in meeting food demand.
Main challenge is feed production and utilization
The loan is intended to purchase feed making inputs and equipment. These will be used in starting up a small feed production center combined with training smallholder farmers on the use of insects and worms as important supplements to poultry production as well as the economics of production especially for small livestock such as poultry. The funds will also be used to set up a mini demonstration site on insect rearing to help the farmers learn how to rear the insects for poultry feed and where excess sell to the other poultry farmers.
Revenue comes from training cost, sale of mini-kits for insect rearing and sale of the manufactured feed to smallholder farmers at an affordable price.

Project Proposal

After training in data analysis, am in the process to diversify the business options and support other people to be able to earn a living. The business idea is a cosmetic shop dealing with a variety of beauty creams.

Item Amout
Jellies 6,000.00
Creams 5,000.00
Airfreshners 6,000.00
Shampoos 12,000.00
Lotions 5,000.00
Glycerine 10,000.00
Wipes 3,000.00
Totall 47,000.00

The expected profit will be Kshs 5000 per month

Feedback

1

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Project Info

Project Type

Pay It Forward

Disbursed amount

$353.07

Date disbursed

Mar 20, 2023

Cost to entrepreneur

Service fee: $18.49

Pay It Forward contribution: $77.66

Backers

Cloudways

Malta, Malta

Carla

Amsterdam, Netherlands

Priscilla Ngetich

Eldoret, Kenya

Nelson Mecha

Kisii, Kenya

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

Diane U

Olympia, Wa, Usa, United States

Pamela Musimbi

Kisumu, Kenya

DO

Denis Ontiveros

Guildford, United Kingdom

SS

Sean Sullivan

Austin, TX, United States

Sadia Hussein

Nairobi, Kenya

EH

Ed Hendrickson

Ames, Iowa, United States

A

Anonymous

United States

Mary Lusambo

Lusaka, Zambia

Lydiah Gatere

Nakuru, Kenya

Mercy Nasimiyo

Nakuru, Kenya

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  • John Macharia    Mar 20, 2023

    Dear Funders,

    Thank you very much for your support in this course.
    As indicated in the business proposal. These funds will go a long way in increasing my stock for better sales and this better profits.
    Will update on how the project is fairing.
    Once again thank you

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  • Henry Cheruiyot    Mar 7, 2023

    congratulation sir in yur hard work that you are having. God bless you.

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  • John Macharia    Mar 5, 2023

    Dear Funders thank you for supporting my project. I was able to undertake the trainings successifully.

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  • John Macharia    Aug 1, 2022

    I just received my disbursement less than a week ago so will not be in a position to make full first repayment as expected. On the coming months i will repay even ore than the expected.

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  • John Macharia    Jul 26, 2022

    I will use the funds to buy inventory for my Research and data analysis Training. These include;
    1. Add demonstration kits Kes 15000/$150
    2. Purchase feed for the insects Kes 8000/$80
    3. Additional labour Kes 10000/$100
    4. Printing Paper Kes 6000/$60
    5. Contingency Kes 5000/$50

    Thank you for supporting my project

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  • John Macharia    Jul 20, 2022

    Dear Funders. The last Loan was very instrumental in continuing my training on the better feeding options for poultry and fish producers. I am able now to increase my students and expand my mini production to be able to generate about Kshs 10000, (about USD 100)Monthly. Thanks for your support

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  • John Macharia    Jul 16, 2022

    Awaiting some finding will complete payment when the money comes

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  • John Macharia    Jul 3, 2022

    Am looking forward to complete repayment by the end of July as I expect cash flow improvement

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  • John Macharia    Jun 19, 2022

    I am expecting to finish this in the next 3 weeks. Please bear with me

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  • John Macharia    Jun 8, 2022

    Currently facing a cash flow issue will adjust and clear soon

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  • John Macharia    May 27, 2022

    Facing some cashflow issues will clear the loan soon

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  • John Macharia    May 6, 2022

    Thanks lenders for your support i have been able to adjust my repayment to complete the loan as soon as possible

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  • John Macharia    May 3, 2022

    I have paid some of the outstanding balance. Promising to pay more in the coming weeks as cash flow improves

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  • John Macharia    Apr 24, 2022

    In the last few weeks the cash flow has remained very erratic and low and therefore not able to meet my repayments. Will adjust once cashflow improves

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  • John Macharia    Apr 24, 2022

    Thanks lenders for your yunderstanding. Have been facing some cashflow delays thus unable to meet the expected payments. Working extra hard to improve cash flows and make prompt repayments

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  • John Macharia    Apr 18, 2022

    The business is not currently having sufficient cashflow but once cash flow improves i will adjust repayment upwards

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  • John Macharia    Apr 15, 2022

    Has been facing cash flow challenges but will update when income flow improves

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  • John Macharia    Apr 10, 2022

    Cash flows havebeen low so i have trying to market the venture to attract more clients to be able to repay the loan. Soon am hoping the cashflow will improve

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  • John Macharia    Apr 4, 2022

    There hass been challenges in cashflow due to business being low. I will adjust upwards when business picks up

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  • John Macharia    Apr 4, 2022

    I have been facing cash flow challenges as the business has not picked as anticipated. I will pay outstanding balance once the cashflow improves for now allow me adjust repayment

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