Selling Beauty Products

Anthony

Nairobi, Kenya

35% repaid

Entrepreneur

Name

Anthony

Member since

February 2015

On-time repayments

220 installments  •  33%

About Me

I was born in Murang'a County, mathioya division,Kiru location. I went to school in Kiambuthia Primary school ,then i proceeded to Kerugoya High school in my
'o' level study.later i joined college where i graduated with a diploma in Accounting and Finance.I also pursued Accountancy in CPA.
Therefore, through my career field I have faced many challenges and difficulties but i have been able to overcome them through determination and ambitions.

Out of my small earning i was able to have saved small income. I used this small income as my capital to start my business.More so what drove me to that sector of business is that, i want to be more helpful to the society by creating more jobs for the young people.
My children want to be enormous entrepreneurs.By the good start and assistance of Zidisha i'll be able to put a strong foundations for them through my developments and skills in that field.
My hobby unique hobby is to play volley ball.

My Business

I have a small beauty enterprise which i sell all the beauty products.

The reason behind i choose this sector is because ladies will always look for the products and more so they are neither perishable nor fragile.

This business sector the,profit margin is small because the costs of obtaining the products is high in this regards one has to buy many products to earn a sustainable profits but the capital have been my challenge.The small profits realised i normally pay my one employee,pay the rent and little i reinvest by adding small products.
I welcome the Zidisha for the fund assistance.

Loan Proposal

The amount of Kenya Shillings 18,534 will help me to increase my inventory and pay my creditors some credits i had for some products. To be more precise i just want to pay to creditors Kenya Shillings 9,000 and the balance i increase my stock.

where i shall increase the new beauty products in the market which will cost me about Kenya shillings 5,000 and then the current products increase by 10% each.

The benefits to this will be enormous now that the increment of stocks in this industry has a direct impact relationship with the profit to obtain in the business.Therefore to me i shall get more profits hence expanding my business size. Moreover the benefit to others is that my employee (one lady) i will be able to increase her salary a little bit.

The amount of profit im expecting to increase is by 10%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$187.00

Date disbursed

Jun 5, 2016

Repayment status

Late

Projected term

38 months

Lenders

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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  • Anthony    Sep 19, 2016

    The entire Zidisha organisation, i've tried to cope with weekly installment amount and i'm finding it difficult.This is simply because our business is very low making it difficult for me to make that kind of money.

    Therefore i was requesting the zidisha fraternity to allow me to pay Kshs 100.00 for the time being and later i will adjust my weekly installment.

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  • Anthony    Jun 9, 2016

    For sure i received the money amounting to Kenya shillings 18,436.
    This amount was sent to me via MPESA as a means of payment.
    This money actually helped me alot .It helped me to buy some inventories for my business and as a result i can foresee good outcome. I’m very happy for the support that zidisha have been helping many people with .Through Zidisha many businesses and enterprises shall be enormously attain its objectives and goals.More so the business in Africa mine included .Now as we are talking i'm very glad seeing my business in a position that i would wished to be.And i know by the support of zidisha i' ll manage to fill in the full stock of my business.
    However, it is my gratitude joy to thank the zidisha organisation for the good support that they have invested in us so that we may meet our dreams and make it alive.Through Zidisha my business is able to be added some stocks and i'm very glad with that.Thank you Zidisha once more.On the same issue of thanking zidisha organisation i feel so humbled to once again say thank you.

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  • Anthony    Jun 3, 2016

    The amount of Kenya Shillings 18,534 will help me to increase my inventory and pay my creditors some credits i had for some products. To be more precise i just want to pay to creditors Kenya Shillings 9,000 and the balance i increase my stock.

    where i shall increase the new beauty products in the market which will cost me about Kenya shillings 5,000 and then the current products increase by 10% each.

    The benefits to this will be enormous now that the increment of stocks in this industry has a direct impact relationship with the profit to obtain in the business.Therefore to me i shall get more profits hence expanding my business size. Moreover the benefit to others is that my employee (one lady) i will be able to increase her salary a little bit.

    Once again i give thanks to Zidisha organisation for their support.

    The amount of profit im expecting to increase is by 10%.

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  • Anthony    May 16, 2016

    Thanks so much, Zidisha organisation, for volunteering to help people to raise capital for small enterprises. Being one of the many young people in Africa doing this, I find the Zidisha organisation to be one of the best organisations I've ever known. You have really helped me to increase my business to a level of 10% higher than before.

    The last loan that was funded was able to increase my inventory by 10%. With this, I was able to pay my creditors.

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  • Anthony    May 14, 2016

    For this week, my business has gained good profit which enabled me to increase my capability to adjust my installment amount to Ksh.9,613.
    Many thanks to the Zidisha organisation. You help me to boost my small beauty shop.

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  • Anthony    Aug 12, 2015

    The purpose for adjusting my installment amount is simply because my business in the month of July, and at the beginning of this month, I have been realising very little profit. Business generally is low.

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  • Anthony    Jul 8, 2015

    For sure i received the money .This amount was sent to me via MPESA as a means of payment.
    This money actually helped me alot .It helped me to buy some inventories for my business and as a result i can foresee good outcome.I’m very happy for the support that zidisha have been helping many people with .Through Zidisha many businesses and enterprises shall be enormously attain its objectives and goals.More so the business in Africa mine included .Now as we are talking i'm very glad seeing my business in a position that i would wished to be.And i know by the support of zidisha i' ll manage to fill in the full stock of my business.
    However, it is my gratitude joy to thank the zidisha organisation for the good support that they have invested in us so that we may meet our dreams and make it alive.Through Zidisha my business is able to be added some stocks and i'm very glad with that.Thank you Zidisha once more.On the same issue of thanking zidisha organisation i feel so humbled to once again say thank you.

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  • Anthony    Jul 6, 2015

    The amount which the zidisha organisation have lend me will help me to buy some beauty products for my shop.In this regards ive appreciated the work this organisation is doing now that we are able to move an extra step.
    The money lend by zidisha will help me to boost my business as well as maximizing profit of my enterprise.
    Once again i want to give thanks to zidisha flaternity at large for the good work and support that they have done to our life.More so approving my loan that i had applied.

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  • Anthony    Jun 18, 2015

    I would request Zidisha to consider my appeal to increase my installment amount.
    The increament arise as a result of my business having been experiencing shortages of the most frequent selling products that my client needs.In this regard i would wish to clear with my first loan to be able to access good working capital to enable me to restock my business.

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  • Anthony    Mar 30, 2015

    For sure i received the money amounting to Kenya shillings 9,130.This amount was sent to me via MPESA as a means of payment.
    This money actually helped me alot .It helped me to buy some inventories for my business and as a result i can foresee good outcome.I very happy for the support that zidisha have been helping many people with .Through Zidisha many businesses and enterprises shall be enormously attain its objectives and goals.More so the business in Africa mine included .Now as we are talking i'm very glad seeing my business in a position that i would wished to be.And i know by the support of zidisha i' ll manage to fill in the full stock of my business.
    However, it is my gratitude joy to thank the zidisha organisation for the good support that they have invested in us so that we may meet our dreams and make it alive.Through Zidisha my business is able to be added some stocks and i'm very glad with that.Thank you Zidisha once more.On the same issue of thanking zidisha organisation i feel so humbled to once again say thank you.

    Log in to reply • Share


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