More beauty products to sell

Rebecca Karanja

Banana Hills, Kenya

100% repaid

Entrepreneur

Name

Rebecca Karanja

Member since

January 2017

On-time repayments

62 installments  •  92%

About Me

My name is Rebecca. I am married with two children - a boy and a girl who are now in school. I was born and raised near Nairobi which is the capital city of Kenya. I grew up in a semi-urban set up and I did my school up to secondary school.

I later did a short course in hair care a beauty. I got jobs on short contracts and later with the help of my husband, started a beauty salon. I do hair work and I also sell beauty products such as hair pieces and body lotions.

One of my children would like to be a teacher and the other one a doctor when they grow up. I work very hard to bring their dreams into reality.

My Business

My work entails hair care for women as well as sales of beauty products. I mostly serve the working people such as teachers, office workers who work around my area. I am usually busy over the weekends when most of clients have time for beauty work.

I do make around $150 per month and I use $45 for over heads. I then spend the remaining balance to cater for my family expenses such as food and clothing. I hope to move my business to a bigger place once I get good money.

Loan Proposal

I will use the money to buy more beauty product to sell to my customers. I will buy lotions, creams and hair pieces since these are the items that move very fast. I hope to make a profit of about 30% from the anticipated sales and this will improve my life greatly.

The money realized will support my family, help expand the business and repay the loan at the same time.

Thank you.

Feedback

1

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  • Joost    Aug 25, 2018

    All repayments were done on time.
    Nice status updates.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$134.84

Date disbursed

Sep 10, 2018

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $5.68

Credit risk payment: $29.54

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