Loan to establish strong beauty & skincare centre

Lydia Mensah

Abuakwa Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $544 goal

0

days left

Entrepreneur

Name

Lydia Mensah

Member since

June 2016

On-time repayments

118 installments  •  15%

About Me

I focus on preventative and corrective skin care to help clients with issues that might otherwise require expensive medical procedures (i.e face lifts, Botox, deep peels that cause hyper-pigmentation issues due to an overproduction of melanin, because the peels can be too harsh. etc.) Having lived in Abuakwa for some time, I have learned that there are certain segments of the population, particularly low & middle class African women, that aren't aware these services exist. Along with serving everyone across the area, I hope that my business can expand access to those that need it most.

I have seen the changes in self- esteem and confidence clients exude when the issues they once faced with their skin problems have been solved It is my goal to change lives by helping those in my Area and beyond, to learn and understand their skin conditions and offering solutions for solving their beauty concerns, including hair care, waxing and makeup. It is also, our goal to ensure that each client has a GREAT experience in my industry and that I am not only servicing them, but to ensure lifelong and meaningful kinship.

With your help, this capital of $600 will allow me to reach more customers through additional marketing and advertising, brochures and the cost of photography for graphics. Also,to purchase an opening order for the products that I use of $400 which would also allow me to retail product to increase revenue.

I also need the loan to purchase equipment in order to keep up with the latest trends in skin and hair care in order to stay competitive and on the cutting edge of the industry. I expect that the profit and revenue increase will more than triple due to the use of this loan for purchases of the things needed to be successful. It will allow me to take the necessary steps to grow my business, which I am opening my own facility to educate, train, and introduce more African Beauty Professionals to the skin care industry, which currently is extremely UNDER represented.
The impact this loan will have on my life will enable me to prepare for retirement because I do not have a plan and it would allow me to assist my daughter in her dreams to become an anesthesiologist

My Business

With your help, this capital of $600 will allow me to reach more customers through additional marketing and advertising, brochures and the cost of photography for graphics. Also,to purchase an opening order for the products that I use of $400 which would also allow me to retail product to increase revenue.

I also need the loan to purchase equipment in order to keep up with the latest trends in skin and hair care in order to stay competitive and on the cutting edge of the industry. I expect that the profit and revenue increase will more than triple due to the use of this loan for purchases of the things needed to be successful. It will allow me to take the necessary steps to grow my business, which I am opening my own facility to educate, train, and introduce more African Beauty Professionals to the skin care industry, which currently is extremely UNDER represented.
The impact this loan will have on my life will enable me to prepare for retirement because I do not have a plan and it would allow me to assist my daughter in her dreams to become an anesthesiologist

Loan Proposal

With your help, this capital of $600 will allow me to reach more customers through additional marketing and advertising, brochures and the cost of photography for graphics. Also,to purchase an opening order for the products that I use of $400 which would also allow me to retail product to increase revenue.

I need the loan to purchase equipment in order to keep up with the latest trends in skin and hair care in order to stay competitive and on the cutting edge of the industry. I expect that the profit and revenue increase will more than triple due to the use of this loan for purchases of the things needed to be successful. It will allow me to take the necessary steps to grow my business, which I am opening my own facility to educate, train, and introduce more African Beauty Professionals to the skin care industry, which currently is extremely UNDER represented.
The impact this loan will have on my life will enable me to prepare for retirement because I do not have a plan and it would allow me to assist my daughter in her dreams to become an anesthesiologist. Thank you for your first support and i hope my 2nd will be granted as well!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$544.21

Date disbursed

Dec 9, 2016

Repayment status

Late

Projected term

23 months

Cost to entrepreneur

Service fee: $14.31

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