New stock for supplying

Irene

Nairobi, Kenya

42% repaid

Entrepreneur

Name

Irene

Member since

September 2017

On-time repayments

48 installments  •  81%

About Me

Hello,
I am Margaret omoro. I come from vihiga County from western Kenya. I am not currently married but am a single mother with one kid.
I complete my secondary education but due to lack of funds I wasn't able to join college, then I met a guy who promised me heaven but abandoned me when I got pregnant. It was a difficult time since I didn't have support from my family I resorted to doing manual jobs to help me take care of myself and my kid.
I worked hard and saved some cash and that how I was able to start my cosmetic supply business.

My Business

I am a mobile costimetic supplier. My clients are mostly saloon and a other ladies who know me.
I ran my business only mostly this way am able to reach more clients since we live in a digital worlds.
I rely on social media to sell my products. Once someone has made an order we agree on how I should deliver and they usually pay during delivery.
In a month am able to make a profit of KES 18000, after removing all the costs I incurred. That being transport and marketing fee.
Thus business has given me hope and it has given me hope and I am able to take care of my child comfortably.
I would like to widen the range of products I sell this will help me maximize my clientele thus increasing my profits.

Loan Proposal

Hi dear lenders, it's my sincere hope that you are doing well, having completed my previous loan I would like to apply for a new one for the a mouth of 260 dollars. Am going to invest this amount mainly on the goods I supply;
1. Baby diapers
2. Hair shampoo
3. Hair gel
4. Face shop
5. Hand sanitizer
6. Nail polish
7. Sanitary pads

I will give priority products that move first for now the other items I still have a stock remaining but I'll be able to add the stock once it's depleted.
I will invest 80 dollars in sanitary pads, 60 dollars I will invest it in baby diapers, I will invest 40 dollars in hand sanitizer, 20 dollars in nail polish, 40 dollars in hair gel and 20 dollars in face soaps.
I sincerely will appreciate your help through funding my loan this will help me move a step further in setting up my own shop since that's one of my main goals this may.
May God bless you
Kind regards
Margaret.

Feedback

2

None

None

  • Marcus    Mar 21, 2018

    Well done, Margaret,
    you paid back much earlier than expected.

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    • Irene    Mar 22, 2018

      Thanks Marcus, i need to get a new stock for supplying this will help me achieve a goal set to set up a shop by may.
      God bless you

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  • Michael Bauschke    Dec 7, 2017

    Always on time Repayment, but too less information, nevertheless positive.

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    • Irene    Dec 7, 2017

      Thanks Michael for your positive feedback, I will try to give more information in my progress. Thanks for your faith in me I hope you keep supporting me in my loans. May God bless you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$256.00

Date disbursed

Mar 27, 2018

Repayment status

Late

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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