Entrepreneur
Name
Lydia
Member since
September 2018
On-time repayments
3 installments • 67%
About Me
I spent my childhood in Chesongoch Marakwet where i grew up and went to school there. I had a challenge after college of lacking capital to start my business but i borrowed a loan which provided me with capital. My people are unique as they are well known of preserving their culture. My child dreams to be a neuro surgeon. My hobby is playing piano.
My Business
The business activity that i engage is selling beauty and cosmetics products hair gels and hair. They are in demand as people always need to keep their hair look good. I started this business since i wanted to an activity that would generate me income. My business typical costs are around Ksh 15000 monthly and then get income of approximately Ksh 30000 leaving me with a profit of KSH 15000 that i use for upkeep.
Loan Proposal
I have planned to use this loan to buy more inventory of body lotions that will ensure my customers get enough supply of products. This would cost me approximately Ksh 1500 and i expect a monthly returns of around Ksh 1000 in profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Oct 11, 2018
Repayment status
On Time
Projected term
1 week
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