Linet
Kabarnet, Kenya
$142 to go
54% funded of $307 goal
0
days left
Entrepreneur
Name
Linet
Member since
August 2013
On-time repayments
59 installments • 5%
About Me
I AM SINGLE,BEING THE THIRD BORN OF FIVE SIBLINGS.I FINISHED MY COLLEGE ON FEBRUARY AT KENYA AVIATION COLLEGE NAIROBI.
I AM A DIPLOMA HOLDER OF MASS COMMUNICATION.MY ELDER SISTER WHO PAID MY SCHOOL FEES GOT TRANSFERRED TO KABARNET AND DUE TO THESE I HAD TO RELOCATE TO KABARNET.
TWO MONTHS AFTER I FINISHED MY COLLEGE MY SISTER ASSISTED ME IN OPENING UP THE BOUTIQUE SHOP AS JOB SEEKING WAS ALWAYS HARD.
THE SHOP IS NOW THREE AND HALF MONTHS AND ALREADY PICKING UP IN THE GOOD WAY.
I ENGAGE IN THE HAIRDRESSING ,MESSAGING ETC.ALSO I SELL LADIES AND MEN LOTIONS AND PERFUMES.WHICH I BUY IT IN NAKURU AND SELL THEM AT RETAIL PRICE.
My Business
CURRENTLY THE BUSINESS IS DOING REALLY WELL ESPECIALLY FOR THE LOTIONS AND PERFUME SELLING MOSTLY YIELDS MUCH PROFIT AS WE BUY FROM THE MANUFACTURER DIRECTLY AND SELL AT A EASILY AFFORDABLE PRICE.
AS EXPLAINED HERE ABOVE, ENGAGE IN THE HAIRDRESSING ,MESSAGING ETC.ALSO I SELL LADIES AND MEN LOTIONS AND PERFUMES.
THE BUSINESS IS PROFITABLE AS WE PURCHASE AT A LOWER PRICE BOTH THE LOTIONS USED DURING THE HAIRDRESSING AND THOSE FOR SELLING.
FOR MY COMPETITORS THEY ARE NOT REALLY MANY IN OUR TOWN AS IT STILL GROWING AND MORE SO I SELL AT CHEAPER PRICES.
MONTHLY COST RANGES FROM KSH.10000-20000 AND THE DAILY COLLECTIONS RANGES FROM 2500-4000 CONSIDERING ALSO TURNOVER OF THE CUSTOMERS
Loan Proposal
Thank you very much Zidisha and all lenders for the the far you have brought me.For the second opportunity also accorded i would like to greatly appreciate.For the second loan, i will apportion in such a way that i will prioritize those lotions which are moving very first at 50% then,i will also buy those items i basically use for grooming when hairdressing and messaging.
For these,and the much i have already build in my customer ration due to delegating high products,i ope i am going to improve very much by the help of the loan.
Thank you very much.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$165.00
Date disbursed
Dec 1, 2013
Repayment status
Late
Projected term
56 months
Other loans
Lenders
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