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Lydia

Githurai Progressive, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Lydia

Member since

April 2013

On-time repayments

30 installments • 23%

About Me

I am young single mother with 2 children and have completed secondary education . I live with my 2 children at Githurai Progressive and operate small beauty shop.

My children are in a nearby primary school hence they perform well in their academics and one of them will be sitting for the national primary education at the end of this year to join secondary schools as from 2014.

My beauty shop involves selling of various beauty products hence it's in demand because I am the only one offering the services in the community hence our estate is developing thus increase in population which translates to more customers. I also have a beauty service shop which involves offering hair services to the local residents.

The total earning from the two business, I use for upkeep and savings to facilitate expansion of my business and open a franchise also saving for my children secondary school fees.

My Business

My business is located in Githurai Progressive which is developing hence high demand for products & services due to increase in population.
My business involves selling various beauty products hence demand is high as women like keeping themselves neat & beautiful by purchasing new goods thus for me able to make high sales.

I intend to empower a young woman through hiring her if given a loan to expand my business.

My average monthly sales is Kshs 65000 and average monthly expenses is Kshs 37000 hence average monthly profit is Kshs 28000.

Loan Proposal

The loan from Zidisha will assist me to expand my business through purchasing women face lotion worth Kshs 3000, women hair products worth Kshs 2000 and women body lotion worth Kshs 2000. This will assist me to boost my business hence meeting the growing demand of the customers thus will also be in position to pay the hired lady as the sales will be sustainable.

I kindly request you to consider contributing towards my loan to enable me expand my business thus hiring one young lady from the community and meeting the needs of my children.