Loan for inventory of beauty shop

Judith

Kisii, Kenya

100% repaid

Entrepreneur

Name

Judith

Member since

November 2017

On-time repayments

7 installments  •  57%

About Me

I grew up in a humble family as the only child and as a young girl I could see my mother do everything possible in an environment where she would do some small scale business to get an extra cent.
That is my later motivation in life a force that would see me venture in business in my high school life to raise some cash for my personal up keep during my stay in school boarding.So the going got tougher in my family tried now to fully be doing a business that would eventually change my life and my family's. First I tried the business of selling to my school mates stuffs like books pens and sometimes raising some cash from the sell of crops had planted in our piece of land. Because of struggling many atimes to make a difference in life so that I would get what I wanted made me crave of having a stable business this forced me look for well wishers who made contribution to enable me venture into the cosmetic business which up until now continues to help me solder on.

My Business

My business is a cosmetic one, dealing in selling braids facial care jellies hair food jerries and so many more.Around my area so many campus ladies reside a factor that has made it possible for me to do well but a challenging scenario is I cannot be a position of satisfying their demands my stock levels would not be enough cater for their needs. I chose to do thia business because I have had a passion for the same and being that around that locality is ladies got think of something that ladies love and so came up with the idea. My reason for kick starting this business majorly was the passion I have for the business. My typical costs total to 15dollar a month with a revenue of 20dollar a month

Loan Proposal

This loan from zidisha will assist me purchase an additional stock facial cares lipsticks braids shampoos lip bums skin care lotions and jerries. This will cost me us dollars 10 which will translate 6% growth in the business. This means expansion in business and this a plus because it will mean my sells will increase. My projected profit margins is 10% and will enable me move from one level to another.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Nov 10, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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