Purchase cosmetic goods and hair accessories for my business

Sarah

Nyambare ,uplands, Kenya

57% repaid

Entrepreneur

Name

Sarah

Member since

February 2015

On-time repayments

37 installments  •  51%

About Me

My names are sarah munengi Guchu.iam 24 years old, born in muranga county,Kandara subcounty, Ngurweini location.That is about 60kilometers from Nairobi.i am the last born in a family of 7. That is 4 boys and 3 girls. After finishing my secondary school education i was not able to join college due to lack of fees. I have tried all sorts of job and am happy that regardless of the circumstances i have been able to stand. After working in different jobs and finally as a shop attendant i mananged to save some cash which i used to establish my own shop in nyambari limuru subcounty in kiambu county about 100 kilometers from my home and just about 40 kilometers from nairobi town where i deal with household goods, cosmetics, and i also offer mpesa services.

My Business

I started my business two years ago. My business entails household goods which i import from Tororo Uganda. I import quality blankets and bedcovers which are on demand due to the best quality. One blanket cost 1500ksh at Tororo and i sell at 3500. This means if i sell one blanket i get a profit of 2000ksh minus transport of 200ksh.the same case applies to bedcovers.i also have some cosmetic goods in my shop where i also offer mpesa services, I believe if i can get more financial support i can be able to reach more customers and maximize my sales and this way i can get more profit profit.

Loan Proposal

Hi lenders .Thank you for your support in my previous loan which I have fully paid back and I am happy to say it helped me greatly, I am hereby requesting for another loan which I intend to add more stock of cosmetics, I plan to use 10,000ksh to purchase more weaves and braids, 5,000ksh for lotions,curl activators glyceline and hairfood. The remaining 3,000ksh I intend to buy hairbands,beads,necklaces, ratings and hairpins.I hope you will consider my request and offer me your support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$190.00

Date disbursed

Jun 17, 2015

Repayment status

Late

Projected term

6 months

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  • Sarah    Jun 16, 2015

    Thank you lenders for your support in raising this loan ,it will go a long way in boosting my business.

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  • Sarah    Jun 11, 2015

    Hello lenders , i am happy for the support that you have been giving to our small businesses and i hope you will help in raising my fundraising loan.

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  • Sarah    May 13, 2015

    Thank you lenders for your continued support, please help me in raising my new loan

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  • Fredrick    Mar 6, 2015

    Dear Member;
    I am grateful to serve you as Volunteer Mentor, I kindly remind you to make your repayment on time always in order to remain in good relationship with lenders and increase your credit limit as well as avoiding consequences resulting to repaying late or not repaying at all.

    Kindly comply. Should you have any question, please do not hesitate to call my number.

    Regards
    Fredrick Kamau
    (Volunteer Mentor)

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  • Fredrick    Feb 26, 2015

    Best wishes in your business
    Fredrick Kamau
    (Volunteer Mentor)

    Log in to reply • Share


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