Entrepreneur
Name
Eddie
Member since
November 2014
On-time repayments
20 installments • 40%
About Me
I vividly remember the time I started school.It is in the year 1999 when I stared nursery by then there were no the kindergarten classes where one has to school for three years to join class one so I spent only a year and joined class one.when ever asked what I would like to be I answered that I wanted to be a doctor.I joined class one in the year 2000 and I loved learning I remember I was the book collector in class one.I completed my primary education in 2007 and got 299.
The results didn't please me at all and there were no money to take me to high school so I decided to repeat in the year 2008 I did the exam and got 375 marks out of 500 this time I got a scholarship from Aiducation international Kenya and went through my secondary education and completed in the year 2012 I stated my small businesses of selling groundnuts and mineral water at mtwapa stage in order to get a living since there were no money for me to go and pa sue my dream I did that for 6 months and decided to change the business I started marketing beauty products and as I was marketing the products in the field I came across a scholarship advertisement and I applied and I won it and joined north coast medical training college but it covers only tuition fees so I went back to my business in order to get money for my upkeep.The uniqueness is that most people are taking life hard so they work very hard to make both ends meet.
currently am a student pursuing a diploma in nutrition and dietetics this being my first year and now term two. .
I am not yet married but in a relationship to marriage after my studies.
My hobby is interacting and making friends this hobby helps me a lot by creating more customers for my business
My Business
KONOSON BEATY BUSINESS
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-- My business deals with the selling of beaty products in mtwapa town and to- my college students in school.
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- WHY BEAUTY PRODUCTS
- These products are in demand in the college since most of the girls I sch-ool with they need to be smart and within the area there are no cosmetics arou-nd so I make them available for them.
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- The reasons behind choosing this business is that I found the need of the-se products to the numerous salon in mtwapa so I decided to venture into it,ladies are so many in mtwapa who cant do without these products more so mtwapa is growing as a tourist center so I so the need to beatify themselves.
EXPENSES AND PROFIT
some of the coast are transport from the where I buy the products with a whole sale price then I sell with retail prices the cost of buying plus the transport per stock I purchase is ksh.10000 and out of this I get a profit of 5000.
PROFIT USES
I use the profit to pay my house rent ,paying electricity bill and food since I come from a humble back ground so I depend entirely from the business for my upkeep
Loan Proposal
Due to the increased demand of the beauty products in mtwapa and at the college I will increase the stock so that I increase the profit.I Also have a plan of getting a stall near the college where I Will keep some of the product and create employment to my nice who finished high school now waiting for her results.some of things the loan will assist include
1.stall rent 1000
2.cosmetics stock increase 3000
3.marketing costs during weakends 457
My profit will increase by 15% of the previous profit so Will be asble to grow in the business and enjoy financial fredom
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 18, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
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