Open up a cosmetic shop.

Victor

Bomet, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

August 2018

On-time repayments

4 installments  •  25%

About Me

Am Victor Cheruiyot a kenyan citizen by birth. I was born in the year 1994-13-01 at Konoin District, Cheptalal Division, Kiptenden Location, Tabain village. At my tender age, our teacher used to teach us about business and how to work hard for the betterment of tommorrow. At my secondary school level i was the best in Business subject and i knew what business really entails in the normal life. After school i saw it better to venture into business to sustain myself and our family. I am a good time keeper and i work to my best to ensure good running of my business.

My Business

I have a tea plantation whereby i am paid my monthly proceeds at the end of every month and i always weigh 800 KGS per month and I kg of fresh tea leaves cost 25 Kenya shillings. At every month i pocket approximately sixteen thousand after subtracting the costs i use. Again I am a poultry farmer and i own 70 chicken and i got a tender to distribute eggs to one of the performing hotels in our county. I always consider saving money and making huge profits in order to educate my sisters and grow my business big.

Loan Proposal

When i get a loan i wish to open up a new cosmetic shop in our nearby center in order to attract new customers to the market. I intend to spend 400 US Dollars in stocking up my enterprise. I will use the loan again to improve the appearance of my shop so as to attract more customers. I wish to purchase the following items.
1.Hair food for women costing 2 US dollars each.
2. Movit costing 2.5 US dollars each.
3. Weaves costing 4 US dollars each.
3. Petroleum jellies for both men and eomen costing around 2 US dollars each.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Aug 29, 2018

Repayment status

On Time

Projected term

1 week

Other loans

Lenders

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