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

Getrude

Mombasa, Kenya

Expired

$204 to go

0% funded of $204 goal

0

days left

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.

Show original English  

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.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$204.00

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  • Thomas    Jul 29, 2018

    Getrude Muthoni promised that she will try her best and make payments this coming week

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  • Getrude    Apr 24, 2018

    Hellow,id like to thank you for approving my loan and sending me the $4 after deductions.Since am starting a side hustle of selling beauty products,iv used the money to purchase two lipsticks that cost me $3 and used the remaining $1 as transport to town.All this il keep into account inorder to calculate my profit and loss later on when the business picks up.These are my starting products and my plan is to add more then start selling.It was my hope to get $200 but after 3 attempts to request without success,my loan amount was reduced due to my 62% on time payment time.I now plan to keep a 100% ontime payment to get a higher amount.Thank you for this chance.

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  • Getrude    Mar 1, 2018

    Five days to go for my loan proposal to expire.I kindly ask my lenders to consider funding my loan inorder for me to start my new business project.I would be highly greatful for your consideration.
    Thanks in advance.

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  • Getrude    Feb 17, 2018

    Dear lenders,this is my second time posting this loan and its my sincere hope that it will be approved soon.Im happy for the funding of my previous projects and for the far i have come through zidisha.Not only have i grown business wise,but also given employment opportunities to two very hardworking individuals.I plan to continue my journey with zidisha and hope that in the future,i will be able to give more than i can now,to the society.
    Thank you Zidisha for changing lives.

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  • Getrude    Feb 8, 2018

    Thanks to Zidisha am now seeing the light at the end of the tunnel.My busineess is now thriving and I have added more products to my business.I will be forever be greatful to the kindness of my lenders and the support of my mentors.

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  • Getrude    Feb 8, 2018

    I used my previous loan to add on to the growth of my business and since my gas and cereal business is picking up,I have added a new product of car batteries which are doing very well in the market.My motivation and hard work was since my teenagehood right after the passing of my mother.I had to workhard through high school and collage with the support of my gurdian inorder to succeed and support my little sister.I did a diploma in Business Management in Mount.Kenya University and thats where i got my business skills from.

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  • Getrude    Oct 15, 2017

    The amount is a bit high and i feel comfortable paying my above set amount though i will be making sure i deposit any amount i get from time to timw before end of the week.

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  • Justine    Oct 2, 2017

    i have called madam muthoni and she said her business has gone down but she will do everything to make payments

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  • Justine    Oct 2, 2017

    i have called madam muthoni and she said her business has gone down but she will do everything to make payments

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  • Getrude    Aug 20, 2017

    Dear lenders thank you very much for funding my last loan and I would like for you to process my current loan which in my comments I have asked for a higher loan than the required my reasons being that as opposed to the last time,I now have my own business which is now stable and giving me an average of about 60,000/- per month therefore I can afford to be partially paying for my current requested loan.Thank you in advance.

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  • Getrude    Aug 20, 2017

    Dear lenders thank you very much for funding my last loan and I would like for you to process my current loan which in my comments I have asked for a higher loan than the required my reasons being that as opposed to the last time,I now have my own business which is now stable and giving me an average of about 60,000/- per month therefore I can afford to be partially paying for my current requested loan.Thank you in advance.

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  • Justine    Dec 5, 2016

    Hi lenders, i have communicated to Ms Getrude and she said she was on travelling but now she have come back
    she will make payment very early
    she assured me.

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  • Getrude    Oct 28, 2016

    Thank you very much for the loan as i stated earlier,il use the cash to buy data bundles to advertise my business online inorder to get more clients.I apreciate your faith in me and hope to continue until i get maximum loan to open another branch.

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