Stock for my boutique and barbershop

Peter Kapindu

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Peter Kapindu

Location

Nakuru, Kenya

On-time repayments

304 weekly installments  •  80%

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

i would still like to at least open anew branch of the barber shop since the other one has attracted more customers and at times especially during weekends the can over flow the place until some people miss a place to sit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$498.18

Date disbursed

May 14, 2019

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $22.39

Credit risk payment: $134.37

Optional expediting fee: $22.39

Lenders

A

adamtj

toronto, Canada

E

E

Marin county, United States

Scotts5320

New York, United States

G

GanSatya

United States

M

Marko

Helsinki, Finland

J

jdallatezza

United States

J

jbhernan

United States

johnhudson

Washington, DC, United States

PolarBearCapital

United States

J

Joanne

Switzerland

JH

Julia Hermann

United States

R

Ryan

United States

Gabriel Fenili

Santo André, Brazil

Jes-c

United States

RG

Ravi Gadad

United States

L

Lucy

Australia

Nadia Tuchman

New York City, United States

GS

Gary Sinard

Franklin, TN, United States

R

RMIM

United States

W

Will

United States

Paul Buchheit

Mountain View, United States

Nethanel Kohen

NYC, United States

Darren Jeppson

Denver, Colorado, United States

Adam Öhman

Norrköping, Sweden

DR

Denise Ramser

United States

Marcelo De Polli

São Paulo, Brazil

Joost

Noord Brabant, Netherlands

I

Ivan

New York, United States

ET

Eleanor Taig

United Kingdom

EA

Eric Ayers

Atlanta, United States

Ask Peter a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...