Invest in new arrivals of ladies' handbags and clutch bags

Elizabeth

Kayole, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Elizabeth

Member since

February 2014

On-time repayments

39 installments • 62%

About Me

My Name is Elizabeth Wavinya, a graduate with a degree in community development by profession.I am also a professional sallonist who owns and runs a beauty parlor.I train and employ youth on matters concerning beauty and saloon.So far i have trained more than 100 and i have 10 whom i have employed in my beauty parlor.I wish to use this platform to get finances to expand my training facilities and create employment for the youth.My MAIN DRIVE IS TO HELP CREATE EMPLOYMENT FOR THE YOUTH AND ALSO TRAIN THEM ON HOW TO BECOME SELF-EMPLOYED SINCE JOB OPPORTUNITIES HAVE BECOME SCARCE.YOUR PLATFORM WILL BE OF SUCH A GREAT HELP TO ME .THANKS.

My Business

I run two businesses offline, a beauty parlor whereby i train the youth on matters of beauty and salon .I also run a boutique where by i have specialized on selling ladies and children clothes.On a monthly basis, the businesses generates an income of 500 USD after deducting all expenses.This is after i have paid my employees and all other expenses attached to it.I have created employment for about 10 young people who assist me on the beauty parlor and the boutique. I have helped 10 youth among the ones i have trained to start their own salons.
I intend to use the money to expand my training facilities that i may train more youth, and also to add some stock on my boutique.In addition i will also create more job opportunities for the youth.Also to help others begin theirs businesses.
Thank you.

Loan Proposal

I intend to use the money from this loan to invest on the new arrivals of lady handbags which are the darling of every lady in town of late.The arrivals are from our neighboring country UGANDA which is famous for offering handbags and lady clothes at great prices for business people.
I will stock those new arrivals intending to be the first person to bring them to Kenya for the first time,thus acting as the supplier for the other retailers.As a result am very positive of making a great profit to repay my loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Apr 27, 2015

Repayment status

On Time

Projected term

4 months

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Aug 2015: $85

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Ask Elizabeth a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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MS
Mark S Yourek Jan 4, 2016

Elizabeth -- It's not OK to fall far behind on payments and then not interact with the people that loaned you the funds to support your business. You need to let us know how things are going.

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MS
Mark S Yourek Nov 25, 2015

Elizabeth -- It looks like you are starting to catch up on your payments. Hope things are going well for you -- let us know

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MS
Mark S Yourek Nov 10, 2015

Elizabeth -- You have missed three payments. Let us know what is going on with you and your business --

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Elizabeth Sep 22, 2015

I am grateful to all the lenders who funded my loan. i received the whole amount of Kshs 8743 and i have already started repaying. I used the cash to rent a spacious store for my salon. as a result, now i am able to accommodate more youth to train and equip them with life-transforming skills. thank you and God bless you.

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Kitty Sep 2, 2015

Congratulations and good luck with the training

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MS
Mark S Yourek Sep 2, 2015

Elizabeth -- Good luck to you -- Be careful to make smart decisions with your business, and make money!

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Elizabeth Sep 2, 2015

I take this opportunity to thank all lenders for funding my loan fully within time. thanks a lot and God bless you greatly. I will use the money to help rent a bigger space for my saloon so that i can be able to accommodate more youth for the training. I plan to assist many youth and equip them with excellent skills to employ themselves.

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Elizabeth Aug 24, 2015

My previous loan was a success and it helped me stabilize my business. it has helped me assist more youths on the saloon business.

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Elizabeth Aug 11, 2015

I am grateful to all my Lenders because of the loan you extended to me. my business was not doing well before the loan because of insufficient stock. but after the loan my business has been doing well and it has improved significantly. am happy and looking to repay the loan without difficulties. God bless you. I used the loan to import some clothes to and improve the stock.

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Elizabeth Apr 28, 2015

This is to inform the lenders that i received the loan of Kshs 8,471.I will use the loan to add stock to my business of clothing. I am very grateful for you lenders for funding my loan. May God bless you much and expand your territories.

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Kitty Apr 26, 2015

Congratulations and good luck

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Elizabeth Apr 26, 2015

Am so grateful for offering to help me and i thank God for you.I am happy for the loan and i will use it to buy more stock of the handbags and ladies clothing from Uganda. The increase in stock will enable me get more income for the further growth in my business and also promote the youth in the salon department of my business. thanks much.

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Elizabeth Apr 3, 2015

I am not able to place a loan bid since i cant place any amount within my credit limit.kindly correct that error so that i may place a bid.thanks

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Elizabeth Jun 10, 2014

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- Elizabeth Jun 10, 2014
  
  Hey,am trying much to update my photo of me at my counter at my saloon and boutique but am unable to upload a new photo and that is y i have uploaded it here.
  
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