Inventory loan

Miriam

Nairobi, Kenya

2% repaid

Entrepreneur

Name

Miriam

Member since

June 2017

On-time repayments

24 installments  •  79%

About Me

my name is miriam mwende. I come from kenya a place called makueni. i completed my school in 2014. I enrolled for a beauty course where i studied basic in cosmetics. I come from a humble background but that has not hindered me from achieving my dreams. Despite the fact that my parents are peasant farmers, i have been able to struggle along and get basic education which has enabled me to start a small business. I started my business from small savings which i was given as pocket money when i was still in college. The uniqueness in my country is that we are very much hospitable people.

My Business

I have started a cosmetic shop where is sell cosmetics. The business is 6 months old now and so far its fairing good. My services have high demand since back here, ladies use cosmetics alot. I had passion in beauty and thats why i decided to venture into the business.
My cost for the business ranges between50 USD-100 USD with an expected return of upto 40%. i use the profit to restock my business and also for my personal upkeep.

Loan Proposal

i will use this loan to purchase cosmetic products. that is lotions, jellies and other beauty products for my salon.
The cost is approximately 50 USD. I will use my personal savings to top up for any defeceit.
As a result, i will get customer satisfaction and build good client base relationship.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

May 16, 2018

Repayment status

Late

Projected term

5 weeks

Lenders

Katja

Switzerland

Carrie

Arlington, MA, United States

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