Restocking my new cosmetics shop

Entrepreneur

About Me

Am peter mutembei kapindu ,i leave in nakuru town ,Langalanga village.i attended school at Nakuru day secondary school,I have been working for the last 12years in prestige shuttles tours and travel.i have dreamed to start my business since childhood because my father is a businessman in Nairobi.am encouraged by my friend and workmate to join zidisha since i have seen it work for him.one thing unique about Nakuru is that the people are always ready to uplift the life's of other people within the area.currently am not married.

My Business

My business is located at Kanu street in Nakuru town.my business is called carosa beauty and cosmetics.i started this business because i realized that there was a great demand of cosmetics within the area and most of the saloons in the area used to go and buy from town about 4km.mostly i sale in wholesale and also in retail.most of my customer love to buy from my shop because my prices are affordable and i also some times offer small credit to those who are frequent customers.the business is profitable because i deal with beauty products which are in high demand and they sale faster.the risks that currently am facing are the introduction of tax which was not there before,this has affected the business by increasing the cost of operation.also the challenge of high cost of leaving has affected the business .my typical monthly cost is around 70,000 to 84,000 although sometimes the cost varies in different months,some month cost of operation is higher when there is more sales.sales ranges from 129,000 to 164,000per month.i mostly use the profit i get in increasing the stock.my alternative way of paying the loan is through my salary.am employed and i have a pay slipayment of any loan that can facilitate p

Loan Proposal

this loan will help me to stock my new shop because since i opened it God has helped me and i have atleast made new customer who have continued to boy there products from my shop.i would like to buy handbags,shoes and clothes for children,women from a start then later would increase the stock and even stock men wear.i would like to go to Uganda which is our neighboring country and the purchase the items because its abit cheaper on the other side.this would also create employment because as the business rows i will have to employ another girl to assist the one i currently have.i expect my profit to increase from 15000 per week to atleast 20000/- for both shops.

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