Lydia's Beauty and Cosmetics

Lydia

Eldoret, Kenya

Funds disbursed

$0 to go

100% funded of $22 goal

0

days left

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

The business i run of selling body lotions, hair gels and weaves helps me really a lot as it has more demand due to strategic position. I will use the loan to buy extra stock of body hair gels that will cost Ksh 2000 and this i expect to add an extra income of Ksh 2100. This proit i will reinvest back into my business so that it can grow well.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Oct 21, 2018

Repayment status

Late

Projected term

1 week

Lenders

G

guenter

Bremen, Germany

Jonathan Ely

Aldershot, United Kingdom

Seppo Ruohonen

Vantaa, Finland

Gandalf

Australia

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