Adding a stock of beauty products to my cereals and home gas business

Getrude

Mombasa, Kenya

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Entrepreneur

Name

Getrude

Member since

October 2016

On-time repayments

33 installments • 58%

About Me

I am a Kenyan born entrepreneur who grew up in a humble family of two raised by a single mother. My childhood wasn't that easy with mum working odd jobs in order to see us go to school and have the basics needs we required. Some days were rough and tough and we would at times go hungry and I would trek to school when transport money wasn't available. I thank God that, through mum's hard work, I managed to complete my primary education and joined a good high school. Unfortunately, she passed on not having seen me join high school. My mum's sister, who had always been like a second mother to us, took us in and saw me through high school and college where I did a diploma in business management.

I have now decided to venture into beauty consultancy since I am a makeup person who loves beauty. Having being raised along the Kenyan coast where tourism is common, I have been outgoing and, through that, had people get interested in my love for beauty .A lot of ladies consult me on the makeup I use and how I use it. That's how my idea of beauty consultancy came up. I love the beach and vacations and its through that that I get to advertise my products to the people I meet.

My Business

I am currently an entrepreneur dealing with home gas and cereals. My products are really doing well in the market and, as of now, I make a profit of between $600-$750 every month. After my revenue deductions and bills, including rent and electricity that take about $150, I am left with a good amount that takes care of my two employees ($100 each). I usually save 30% of the remaining amount for growth of my stock and emergencies.

Loan Proposal

I intend to purchase cosmetics to add to the products of gas and cereals that I have in my stock. The items include facial makeup and perfumes that will cost approximately $200 and of which my estimated profit will be $350. Since this is just a side business, I intend to save 60% of my profit and put the other remainder into our church charity fund that helps the needy in the society regardless of their religion or background.

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About Me

Am a Kenyan born entreprenuer who grew up in a humble family of two being raised by a single mother.My childhood wasnt that easy with mum working odd jobs inorder to see us go to school and have the basics needs we required.Some days were rough and tough and we would at times go hungry and i would trek to school when transport money wasnt available.I thank God that through mums hardwork,i managed to complete my primary education and joined a good hugh school.Unfortunately she passed on having not see me join high school.My mums sister who had always been like a second mother to us,took us in and saw me through high school and collage where i did a diploma in business management.I have now decided to venture into beaty consultancy since am a makeup person who loves beaty.Having being raised along the Kenyan coast where tourism is common i have been outgoing and through that had people get interested on my love for beauty.Alot of ladies consult me on the makeup i use and how i use it and its there that my idea of beauty consultancy came up.I love the beach and vacations and its through that,that i get to advertize my products to the people i meet.

My Business

Am an entreprenuer dealing with home gas and cereals.My products are really doing well in the market and as of now i make a profit of between $600-$750 every month and after my revenue deductions and bills including rent and electricity that take about $150,am left with a good amount that take care of my two employees($100each) and i usually save 30% of the remaining amount for growth of stock and emergencies.

Loan Proposal

I intend to purchase cosmetics to add to the products of gas and cereals that I have in my stock.The items include facial makeup and perfumes that will cost approximately $200 and of which my estimated profit will be $350.Since my this is just a side hustle,I intend to save 60% of my profit and put the other remainder into our church charity fund that helps the needy in the society regardless of their religion or background.