Selling quality perfume and anti-aging cream
Christine
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Christine
Member since
January 2017
On-time repayments
145 installments • 45%
About Me
I grew up in a small village Nzoia in Bungoma county. Parents took me to boarding school at the age of 8. For the last 15 years I have been working for several start ups, assisting the. To build solid businesses. I realized that if I. An do this others then why not start my own.
I love fragrances and it's this passion that motivated me to begin supplying high end perfumes from Europe at affordable prizes. I just love what I do. For the past 3 years I have been selling small quantities and decided to take it to the next t level.
Nairobi is mostly warm thoughout the year, and most people love fragrances.
My Business
I am a luxury consultant. My niche is fragrances, jewelry and skin care products. The company I partner with us called Federico Mahora, which supplies me with the fragrances. The profit margin per bottle is between 750 - 1500, depending on whether the perfume is a classic, luxury or extravagant. For marketing purposes I have registered a website an venturing into e commerce. I will use the profits to reinvest into the business and expand into new markets; Uganda, Tanzania and Rwanda. I also intend to upgrade my entrepreneurial skins by studying e commerce and social media marketing.
Loan Proposal
I will purchase perfume bottles at 30 U.S.D and sell at 50 U.S.D. This the wholesale price. Because the market is currently selling fake perfume, my customers will receive value for their money since I will supply them quality fragrances . Consequently, I will establish trust and increase sales and profit. I will also venture into e commerce and retail on-line. The website will give my products visibility and reach.
I expect to increase my profit by 50 percent.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$541.00
Date disbursed
Jun 23, 2017
Repayment status
On Time
Projected term
123 months
Other loans
Lenders
Hong Kong, Hong Kong
Saskatoon, Canada
Jubail, Saudi Arabia
Shanghai, China
Portland, United States
Orlando, Florida, United States
Stamford, USA, United States
New York, United States
Columbus, Oh, United States
Fort Worth, United States
Ottawa, Canada
Menomonee Falls, United States
Philadelphia, United States
[email protected], United States
United States
Australia
United Kingdom
Sweden
Mexico
Canada
Australia
United Kingdom
Germany
Switzerland
United States
United States
United States
United States
Sweden
Switzerland
Norway
United States
Saudi Arabia
United States
United States
Pittsburgh, United States
Hong Kong
Bruno Sanchez-Andrade Nuño (brunosan)
United States
India
United States
Phoenix, United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
United States
Ask Christine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.