Stock of perfumes and cosmetics for my small business

Betty

Muchabe, Zambia

99% repaid

Entrepreneur

Name

Betty

Member since

May 2017

On-time repayments

91 installments  •  33%

About Me

I am 32 years old and I am running a business which I started some time back when I lost employment. I had to start this business, as this is the only source of income I would now have after losing employment.

My Business

My source of income has been my small business. I sell perfumes and cosmetics, and I know the demand for these products as it is not my first [time] to do this kind of business. Demand is high and my business will be a mobile kind of business as I know the type of clientele I am looking at. The capital I need is about $500 to inject into the business.

Loan Proposal

This loan will improve my cash flow and profitability. I will buy more stocks and products. The products I am buying will cost about $500. I will buy perfumes at $250 and powders at $100, as well as other makeup and beauty facials at $150. It will also help me to pay my son's school fees. The profitability will increase by about 30%. I also do some community work, and an increase in the cash flow will help me to assist the people out there.

Show original English  

About Me

iam 32 years old and iam running a business which I started some time back when I lost employment. I had to start this business as this is the only source of income I would now have after losing employment. With each loan that zidisha gives me i have managed to increase my capital which has enabled me to order more goods to sale

My Business

my source of income has been my small business. I sell perfumes and cosmetics and I know the demand for these products as it is not my first to do this kind of business. demand is high and my business will be a mobile kind of business as I know the type of clientele iam looking at. the capital I need is about $500 to inject into the business.

Loan Proposal

This loan will improve my cash flow and profitability. I will buy more stocks and products. The products I am buying will cost about $500. i will buy perfumes $250 and powders at $100 and other make up and beauty facials at $150. It will also help me to pay my sons school fees . The profitability will increase by about 30%. I also do some community work and an increase in the cash flow will help me to assist the people out there.

Feedback

1

None

None

  • Urszula    Nov 13, 2017

    Betty repaid the loan in advance, I would not hesitate to support her again.

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    • Betty    Dec 2, 2017

      thankyou but my loan has not been funded for a month now. what could be the problem

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Aug 21, 2017

Repayment status

On Time

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

J

JakeA

Wellington, New Zealand

M

Moonknight

Østre Gausdal, Norway

fransk

Culemborg, Netherlands

Grant Xavier Storer

Seattle, Wa, United States

Urszula

United Kingdom

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Katja

Switzerland

A

Anonymous

United States

CN

Craig Newmark

United States

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  • Emily    Apr 15, 2018

    I did not manage to speak to Betty,my call went unanswered

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  • Betty    Apr 12, 2018

    Dear Zidisha team,I wish to apologize for the past loan due payment that I have not yet settled,this was due to a problem that I had with my MTN account,however, the problem will be sorted out by the end of this week and I will settle the due payment accordingly, please bear with me.

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  • Betty    Apr 3, 2018

    goodaftrnoon zidisha team,i wish to appolozige for not giving my lenders feedback about my business,i have been extremely business and have had no access to the internet until now,due to circumstances beyond my control, i have not been so consistent with my weekly repayments but i will soon get back on my feet. please bear with me

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  • Betty    Dec 12, 2017

    Good day zidisha team, I want to thank you so much giving me a loan of 3,160,i will inject this money into my business and buy more goods to sell

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  • Betty    Dec 10, 2017

    Dear my lenders, i just want to thank for your awesome support i was almost crying because my loan was nearer to expiring but you came strongly to help me, i really appreciate you and the zidisha team, i will of course do my best to work hard and repay my loan on loan time.
    I will buy perfumes stock because i already have orders from customers, once the loan is disbursed i will make possible arrangements to go to South Africa where i will buy these perfumes.This is help a lot because during the festive season, most people here in Zambia spend and i want to take this opportunity which you my lenders have made possible for me.I will generate more profits because i will increase the selling price due to high demand from my customers.Best regards, Betty Mutoba

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  • Betty    Dec 10, 2017

    Am very thankful for fundung my loan so far it is 3%, I thank you the Metcalf family,Paul Bucheit and Malwina.Am still appealing to you to help fund the it is 2 hours now left for the loan to get expired,please am requesting you to look into it before it expires.This will mean that i will have no stock of perfumes to sale during this festive season.You assistance at this stage will be highly appreciated.Best regards, Betty.

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  • Betty    Dec 9, 2017

    Dear lenders am appealing to you to come on to help fund the loan, 2 weeks ago my loan got expired it was partially funded and ended up expiring, hence am appealing to you and the zidisha team to help fund it this time around.I will be very grateful to you, at the moment i do not have enough stock to sale this festive season,i need the loan to help me buy perfume stock from South Africa.Best regards,
    Betty Mutoba

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  • Betty    Nov 12, 2017

    with each that i get from zidisha,i have managed to buy more products for my business and increase my capital

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  • Betty    Oct 2, 2017

    THANK YOU FOR THE LOAN OF 1,184,I WILL BUY MORE STOCK

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  • Betty    Sep 30, 2017

    Dear lenders,thank you so much for the loan,i will inject the money into my business and buy more perfume,this loan will help me increase my capital

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  • Betty    Sep 30, 2017

    my loan of 473 has helped me to buy more stock for my business. I normally purchase one box of ten perfumes but with this loan i managed to purchase two boxes. from one box a make a profit of $25 but this month my profit has increased to $50. i will now invest my profit and order three boxes of perfumes

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  • Betty    Aug 22, 2017

    Dear lenders,thank you so much for funding my loan,i will inject the money into my small business and buy more perfumes and cosmetics

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  • Betty    Aug 21, 2017

    Dear lenders,with the loan,i will buy more cosmetics and perfumes which will help to boost the business. Thank you so much for funded it.

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  • Urszula    Aug 9, 2017

    Good luck!

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    • Betty    Dec 9, 2017

      Thank my Lender Mr Urszula am requesting once again if you could come to help me fund the loan which got expired without being fully funded.

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  • Betty    Aug 7, 2017

    I will make sure that I pay my loan on time and support other people who are in need

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  • Betty    Jul 18, 2017

    Good afternoon team, according to my calculations my loan of k299.50 is fully paid. I just made my last instalment this morning. Please email me repayment statement

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  • Betty    May 30, 2017

    Dear zidisha team,i received my loan of k299.50. thank you so muchwill get back to you soon

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  • Betty    May 23, 2017

    thankyou for the loan it will go a long way in sustaining my capital.

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