Stock for my cosmetic shop

Chelangat

Bomet, Kenya

100% repaid

Entrepreneur

Name

Chelangat

Member since

August 2015

On-time repayments

190 installments  •  76%

About Me

My name is Chelangat Sammary Bigen. I was born in 1972 in Kuresiet village, Chemaner location, Longisa division in Bomet County.We are a family of seven members where five of us are female and two are male.am the second born in my family, I went to Chemaner primary school at a tender age of five where I started class one in 1978 and continued to class eight in 1986 and sat my kcpe in the same year and later on joined Wareng high school for my O level education where I completed in 1990 having satisfactorily achieved my secondary school certificate.
My parents kept goats,sheep and cows for our upkeep.in additional they grew maize ,sorghum,and millet for food and surplus was sold to cater for our education. my siblings and I were of great help to our parents because we assisted so much in daily activities like cultivating farm,weeding and harvesting.am a married woman with two kids an elder daughter who is in a medical school and a younger son in class six. that's my story, thanks for reading.

My Business

I have a cosmetic shop in LITEIN town located Eastwards just a few kilometres from Kericho town. I started opening it August 2014.it's now sixteen months old and has been on up to date.I normally open at 8:am in the morning and close at 6:30 pm in the evening. so far so good am happy because my business is doing well and I have hired one person to assist me in making sales ,keeping records, making orders,stock taking ,communicating with customers among other duties. my business contains variety of hairstyles, rings,earrings, body lotions among other variety of things.I av been able to acquire reliable potent customers, and still looking for more and has enablee to run my business smoothly.u pay my kids fees as well as their upkeep.zidisha loan is of great help to me.
Thank you my lenders and zidisha team for your support and reading my story.

Loan Proposal

I have a cosmetic shop situated in Litein town along Kericho-Bomet road.I am happy my business is doing good,with the promising and confidence I acquired from zidisha team.My business has magnificently expand for the past four months since joining zidisha.com.
I am eager to have lenders grant me loan in order to expand my business. I need to buy more stocks for my cosmetic shop.My customers are relatively satisfied , they still need variety of items which am working hard on.with these loan I'll be able to buy more varieties and met customers demand.
I would also like to buy new items for saloon including blow drier machines and others.
I appreciate any kind of assistance from lenders and zidisha team for support of my business. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$298.00

Date disbursed

Dec 31, 2015

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

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  • Chelangat    Nov 28, 2017

    Hello lenders. I would like to reduce my payment from ksh 5000 to ksh500.This will enable me to reorganise my business for long term profit marginalization,and repay the loan within the outcome of investment. Cheers lenders.

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  • Chelangat    Nov 19, 2017

    Hello my dear lenders and zidisha team.I have received the funds you lend to me.A total of 114760KES has been disbursed into my account. I will use the money into my business according to my loan project proposal.I hopefully my loan will yield good profit margin.Iam also confident to repay my loan.I thank you so much lenders.

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  • Chelangat    Nov 5, 2017

    Hello dear lenders.Thank you very much for funding me this loan.Your support is unending and so much happy for you.
    My previous loan helped me a lot to boost my business and for this loan am hopeful to put in my investment to grow further.
    I will use part of this loan to buy cosmetic products including human hair varieties,body lotions and ointments, jewelries and neglaces among other products in my shop outgoing first and running out of stock.I intend to buy these goods amounting to a total of £50(ksh 50,000).This is a major source of my income as I use some of the profit to pay school fees for my kids and shop rent as well.
    For the remaining £70(ksh 70,900) I would like to put in my M-pesa line as float.This will enable my mpesa business to realize more clients turnout hence more transactions and more profit. Its also a good part of my business and part of the profit I get,to pay one of my employee who is working with me in the shop.I also use some of this money as a payment of myself,my kids basic needs and to pay house rent.
    Having achieved all these I hope my business will grow much bigger and will be able to pay my loan on time.
    Iam thank you so much and am humbled for lending me loan.

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  • Dirk    Nov 3, 2017

    Good luck!

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  • Chelangat    Oct 25, 2017

    Hello dear lenders and members of zidisha team.We've come along way together. This is my third loan and am glad to have finished my payment on time.
    This loan helped me a lot this year.I have been able to grow my business bigger.I was able to stock my shop fully and towards the mid of the year,the number of clients increased and I was able to realize a good margin of sales.
    I have also been able to pay my childrens school fees for the whole year.I have had any difficult in paying fees and stayed and learnt in school all along well. Thanks so much and God bless you all.

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  • Chelangat    Oct 15, 2017

    Hii my dear lenders and zidisha team iam very happy with your much support my business has help me to opened EQUITY Agent and M PESA iam happy with you all God add you more and more

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  • Chelangat    Oct 3, 2017

    Hello dear lenders and zidisha team,i would like to increase my loan limit in order to finish payment by this month.My income now has arise a bit due to more items i have recently added to the stock.Due to also a credit loan increase limit it will also enable me enable me to have a higher limit of my future loan application.Thanks a lot and be blessed.

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  • Chelangat    Sep 26, 2017

    hii my lenders and zidisha team iam happy with you all with me iam happy going on with my bussiness nicely thanks ny people

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  • Chelangat    Sep 8, 2017

    Hi dear lenders ,i hope you're all fine,am also doing well.Am carrying on well with my business.i have cleared payment for my children's' school fees for third term and final term of the year.I will venture into my business for the rest of my income and also for my other children's needs.i intend to clear my loan repayments by early next month. Thank you so much zidisha team and lenders.

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  • Chelangat    Jul 13, 2017

    Hi dear lenders,i hope you're well.My business is doing well and am thankful to you .Am also going on well with my loan repayment,however i would like to reduce my loan limit amount .I have used some of my money to pay school fees for my daughter in the third year of her medical study.Thanks a lot and am grateful for your support.

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  • Chelangat    Jun 5, 2017

    Hi dear lenders and zidisha members.your support in my business has helped me a lot.My previous loans has helped me a lot.i bought items for my beauty shop including earrings,necklaces,weaves ,bangles among other goods in the shop.My daily income has slightly increased for the past two months.
    with your support and also God,s grace am in the process of opening an equity agent business for equity bank alongside my beauty shop.this will promote more customer service by easing their cashless transaction of buying goods.
    I am grateful to you and be blessed so much.

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  • Chelangat    May 23, 2017

    Hallo lenders and zidisha team,I would like to increase my loan repayment amount.my income from my business has slightly increased for this month due to more stock I purchased from this loan,it will also help me to finish my repayment on time.thanks so much and God bless you all.

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  • Chelangat    Mar 17, 2017

    the loan i recieve today at 17_3_2017 10:;40 am.I will go right away to buy goods immediately thankyou so so much lenders and zidisha team i will pay on time

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  • Chelangat    Mar 14, 2017

    Hii my dear lenders and zidisha team iam happy for the support your are doing to me in my business iam still waiting the loan pending patience pay God bless you all

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  • Chelangat    Mar 1, 2017

    Wonderful!am glad you funded me yet again. I will restock my beauty shop. Be blessed.

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  • Chelangat    Feb 28, 2017

    Lenders

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  • Chelangat    Feb 28, 2017

    Still waiting upon u my lender

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  • Chelangat    Feb 22, 2017

    Though it wasn't easy paying my previous loan,I made sure that I struggled to made on time payment. The loan helped me make great changes in terms of restocking my beauty products thus making a lot of profit.

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  • Chelangat    Feb 15, 2017

    Business has been going on well and I feel am willing to pay a larger amount now.
    Looking forward to a better working relationship.

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  • Chelangat    Jan 28, 2017

    Dear my lenders and zidisha team in general,I once again want to thank you for the much support you have been giving me since I joined you late last year in fact my life has changed a lot and I have learnt new things concerning my cosmetic and saloon shop.
    To highlight few i have learnt how to manage my business, how to handle my customers and to maximize profit, I have also learnt how to select my product according to customers needs and demand.
    This year i plan to get more customers by traveling and delivering my products to their destinations so that my customers get humble time to work and also to know their demands.
    I also plan to increase more stock so that my customers get what need at a right time and at good price.
    My future plan about my business is to open more branches and this still need more capital and so iam planning to complete my loan in few weeks and apply for another.
    Thankyou my lenders and may God bless you all.

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