Necklaces for my beauty shop

Maureen

Nairobi, Kenya

64% repaid

Entrepreneur

Name

Maureen

Member since

September 2017

On-time repayments

41 installments  •  34%

About Me

I was born in a family of 3, two boys and I, who is the only girl. I went to Mary Leakey girls high school where I did my o-levels and managed to pass and joined a technical college where I did a diploma in business enterprise and entrepreneurship education.
I borrowed my parents some cash to start my own jewellery business.
I would buy them at a cheap price then I sell them at schools and party weddings.
I earn my income and I use the profits to expand my business.

My Business

I buy jewellery at a price of $0.5 for a pair of earnings and sell them at a 60% profit.
At a normal day I sell more than 15 pairs of earnings and bracelets.
I chose this business since its my passion and I love the beauty of art.
I use my profits in business expansion and buying food at my home.

Loan Proposal

I wil use the loan to buy necklaces to add in my beauty shop.
I will buy them at cost of $ and I expect an increase in profit upto 50%.
I will use the profits to pay my Zidisha loan and in my business expansion

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2.00

Date disbursed

Sep 16, 2017

Repayment status

On Time

Projected term

1 week

Lenders

PG

Paul Graham

United States

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