Purchase of Cosmetic Inventory to Augment Salon Business
Florence Mutinda
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Florence Mutinda
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 recently started selling cosmetics in my salon. I decided to do this because i have space and most people that came to my salon to make their hair needed basic cosmetics and othe items , so i saw this as an opportunity to open a cosmetics business. So i need to stock cosmetics ans well as make a simple glass counter.
Proposal-
Glass counter_ 150 dollars
Cosmetics such as -TCB chemicals,venus curl activator, movit gel, dowel cutex, shower caps, plastic combs, dundruff creme, cutex eye lid pencils, movit powder and hair clips.-200 dollars
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$383.00
Date disbursed
Jul 25, 2016
Repayment status
On Time
Projected term
3 months
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