Loan for inventory of cosmetic shop

Judith

Kisii, Kenya

100% repaid

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How it Works

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

The loan from zidisha organisation shall enable me make an additional inventory for facial cares lipsticks braids shampoos lip bums skin care lotions and jerries. The amounting figure that I will incur shall be us dollars 17 which will translate 11% growth in the business. The result for this shall be expansion in business and this a positive phenomenal because it will mean my sells will sky rocket. My anticipated profit margins is 13% which will see make step by moving from one level to another. Zidisha really has been a wonderful thing that has ever happened to me.