Josephine
Thika Next To Thika Level 5 Hospital, Kenya
100% repaid
Name
Josephine
Member since
May 2017
On-time repayments
161 installments • 81%
I’m Josephine Wangui from kiambu county currently resident at Thika town. I was raise and grow in Kanunga village kaimbu town. Life in Kanunga village was not walk over and these hardship lives made me to look for better live. The business idea tricked at these point to start beauty shop.
The environment and land truly support this business since it’s in slope of Mount Kenya which attracts tourist and a lot people. And also the land is totally fertile to support agriculture business which yields income to society.
I have one beautiful girl which looks at me as role model to business, in this case she really wants to grow to bigger business lady with big empire to help society at large.
My hobby is to read business magazine and articles which are useful to grow the business and sometimes to travel and interact with different people thereby sharing the ideas
My business is beauty shop which sells different varieties of beauty products plus offering services like manicure, nailing etc. The business is located in suitable place where it attracts a lot of clients and customers.
The beauty products are useful to young generation and youth at large. These product has positive impact to society since its help them improves they way of living. Plus creation of employment since i do have two workers in my business premises. The demand is high since they are complementally and can’t live without.
The cost associated with these beauty shop is operation cost like rent, electricity and water bills , staff cost etc others stocking cost. The cost are fully met by these business since profit is greater than cost associated to.
The profit realize from business is plough back to business to boost the growth and others is used to improve my living standard especially paying school fee for my child, rent and electricity and water bills
I will buy stock worthy that amount for example
50 Pcs of rings @ ksh 50 and sell at ksh 100
10pcs of perfumes @ ksh 150 and sell at ksh 250
80 pcs of Ear lings @ ksh 50 and sell at ksh 100
The other amount i will buy Nailing machine at cost around ksh 2500
In these case my profit will grow by 30% PM and in these case it will have positive impact to business and my life as well.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$108.00
Date disbursed
Mar 6, 2019
Repayment status
On Time
Projected term
6 months
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Shiloh Hoisington Dec 29, 2019
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