To buy cosmetics to sell in my salon

Florence

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Florence

Member since

July 2015

On-time repayments

264 installments  •  41%

About Me

I was raised in rural Kenya, but after completing my high school, i came to the city where i did a course in hairdressing. I was employed in a salon in Nairobi where i worked for a year. Saved some money which i used to buy a drier, and a blow drier and started my own small salon. I have done this business for four years now.
I like this business because Nairobi is highly populated and most women like being smart, so they come to salon every day. I like this business because it does not involve a lot of things.
Its from this business that i get money to feed my and educate my kid, who i want to give good education so that she can get a good job when she grows up, she wants to be a dentist

My Business

My business is majorly salon business, i do hairdressing. I ran a small a small salon in the suburb of Nairobi city. I usually attend to approximately 15 customers a week, from whom i make almost 1500 shillings, which i use to pay rent and electricity bills.
I equally sell cosmetics , though not in large scale. Sometimes when i have a lot of week, i employ someone to assist me.
Its a nice business because i have the freedom, i am my own boss, though its so challenging, sometimes during the weekend, i have to work til late coz there are many customers

Loan Proposal

I require around 60 dollars to buy make up cosmetics to sell in my salon. This cosmetics, gels, suspensions,Primers, foundations and concealers and lotions. include beauty powders . I will spend aproximately 10 dollars for each item because it is the start.
I will I also require around 40dollars to rent a bigger house to accommodate my customers as well as increase the space for selling cosmetics.
This will enable me create employment for some one else because i will require some one to sell the cosmetics.
If i manage to get this loan , i anticipate to increase my net profit by 30 dollar in a week
Kindly support me to accomplish my dream

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 23, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

D

Diana

Germany

PG

Paul Graham

United States

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Summary

Amount repaid

$104.49

Amount remaining

$0.00

Date repaid

Sep 6, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 2, 2015 $10.31 Aug 2, 2015 $10.31
Aug 9, 2015 $19.59 Aug 9, 2015 $19.59
Aug 16, 2015 $15.46 Aug 16, 2015 $15.46
Aug 23, 2015 $15.46 Aug 24, 2015 $15.46
Aug 30, 2015 $15.46 Aug 30, 2015 $15.46
Sep 6, 2015 $28.21 Sep 6, 2015 $28.21

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