Add stock of assorted cosmetics to my salon

Kezia Nyutu

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Kezia Nyutu

Member since

December 2014

On-time repayments

140 installments  •  36%

About Me

I was born in Nakuru District and schooled here from primary to secondary school. After school, I was married and I have two lovely children who are all in school.

Currently, am running a salon business in Nakuru town, and also I complement it with cosmetics and women wares. I overcame this challenge of poverty through a mentorship program I went through, and I realized how important self-employment is to one's life. Through this mentorship program, we were taught how to start a business through SYB ( Start Your own Business) and, through these skills, I was able to get a small loan of Kshs. 10,000 to start a small salon business.

The unique thing about where I live is the social cohesiveness among neighbors, and this has really worked well and peace has really prevailed. My children want to follow my footsteps of self-employment. I like reading entrepreneurial materials that keeps me abreast with current business trends.

My Business

I supply cosmetics of all designs, women's and children's wears. I also do salon business. These goods and services are in demand due to the love women have towards themselves. Women follow fashions and I have found this to be interesting and fascinating. The demand is big and it's what I know best out of the skills I have developed for over ten years now.

My typical costs ranges from 10,000 and revenue far exceeds revenue outlay. On average, when business is not doing very well, at least I have something like Kshs. 7,000 for savings. First and foremost, for any business to do well, one has to pay himself/herself salary. So I pay myself a basic salary that caters for school fees, home improvements and the rest as savings goes to reinvestment in growing the business. Lastly, I prefer buying cash than going on debts. This has really helped me to propel the wheel.

Loan Proposal

I supply cosmetics of all designs, women's and children's wears. I also do salon business. These goods and services are in demand due to the love women have towards themselves. Women follow fashions and I have found this to be interesting and fascinating. The demand is big and it's what I know best out of the skills I have developed for over ten years now.

My typical costs ranges from 10,000 and revenue far exceeds revenue outlay. On average, when business is not doing very well, at least I have something like Kshs. 7,000 for savings. First and foremost, for any business to do well, one has to pay himself/herself salary. So I pay myself a basic salary that caters for school fees, home improvements and the rest as savings goes to reinvestment in growing the business. Lastly, I prefer buying cash than going on debts. This has really helped me to propel the wheel.

Show original English  

About Me

I was born in Nakuru district and schooled here from Primary to secondary school. After school, i was married and i have two lovely children who are all in school. Currently, am running a salon business in Nakuru town ans also i complement it with cosmetics and women wares. I overcame this challenge of poverty through a mentorship program i went through and i realized how important self employment is to ones life. Through this mentorship program, we were taught on how to start a business through SYB ( start your own business) and through this skills, i was able to get a small loan of Kshs. 10,000 to start a small salon business. The unique thing about where i live is about social cohesiveness among neighbors and this has really worked well and peace has really prevailed. My children want to follow my footsteps of self employment. I like reading entrepreneurial materials that keeps me abreast with current business trends.

My Business

I supply cosmetics of all designs, women and children's wears. I also do salon business. This goods and services ae in demand due to he love women have towards themselves. Women follow fashions and i have found this to be interesting and fascinating. The demand is big and its what i know best out of the skills i have developed for over ten years now. My typical costs range from 10,000 and revenue far exceeds revenue outlay. On average when business is not doing very well, at least i have something like Kshs. 7000 for savings. First and foremost, for any business to do well, one has to pay himself/herself salary. So i pay myself a basic salary that caters for school fees, home improvements and the rest as savings goes to reinvestment in growing the business. Lastly, i prefer buying cash than going on debts. This has really helped me to propel the wheel.

Loan Proposal

I supply cosmetics of all designs, women and children's wears. I also do salon business. This goods and services ae in demand due to he love women have towards themselves. Women follow fashions and i have found this to be interesting and fascinating. The demand is big and its what i know best out of the skills i have developed for over ten years now. My typical costs range from 10,000 and revenue far exceeds revenue outlay. On average when business is not doing very well, at least i have something like Kshs. 7000 for savings. First and foremost, for any business to do well, one has to pay himself/herself salary. So i pay myself a basic salary that caters for school fees, home improvements and the rest as savings goes to reinvestment in growing the business. Lastly, i prefer buying cash than going on debts. This has really helped me to propel the wheel.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.24

Date disbursed

Apr 9, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $7.30

Lenders

Paul Buchheit

Mountain View, United States

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

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  • Sammy Kanja    Feb 18, 2016

    Hello Lenders,
    My names are Sammy Kanja.VM.for Mrs.Nyutu.I'm very happy to see her business but i have not manage to reach her through phone.I'm trying of the best and will let you know of her situation.
    Best wish,
    Sammy.

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  • Kezia Nyutu    Jan 5, 2016

    Thanks a lot lenders for trusting me once again. I managed to get the loan and purchased assorted salon items for sale and i want to say that it has been great to have you all on board and in making sure that you support my business geared towards self-realization and achievement. Grateful!.

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  • Kezia Nyutu    Dec 21, 2015

    I want to sincerely thank all my lenders for all your efforts that you put to see me get the loan and run the business. I must say that out of the loan i received from you has enabled me to change my socioeconomic life and that of my dependents.I look forward to working with you and sending in progressive reports. Grateful!

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  • Kezia Nyutu    Jul 21, 2015

    This is to let you know that the loan has really helped me and I'm looking forward to working more closely with you. Thanks once more for trusting in my business and myself as a person.

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  • Kezia Nyutu    Apr 9, 2015

    Thanks a lot lenders for the loan and your tireless efforts in making sure that my loan is fully funded. This loan will now enable me to purchase assorted cosmetics in my salon and be able as well to meet the needs of my clients which is my bottom line.I will use Kshs. 17,804 to do this purchases and it will help me achieve my goal of reaching more clients and what they need. This loan will also increase my revenue and profits hence uplifting my social status and the standard of living for my family, both at the individual and business level will be raised and uplifted.

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  • Kezia Nyutu    Mar 28, 2015

    Dear lenders, i want to thank you for accepting my second loan application. However, from the look of things, its only 9 days left. Kindly do assist me so that i can order some items missing in my salon. I hope it will not expire because am optimistic that you will work on it. Thanks in advance.

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  • Kezia Nyutu    Mar 24, 2015

    I supply cosmetics of all designs, women and children's wears. I also do salon business. This goods and services ae in demand due to he love women have towards themselves. Women follow fashions and i have found this to be interesting and fascinating. The demand is big and its what i know best out of the skills i have developed for over ten years now. My typical costs range from 10,000 and revenue far exceeds revenue outlay. On average when business is not doing very well, at least i have something like Kshs. 7000 for savings. First and foremost, for any business to do well, one has to pay himself/herself salary. So i pay myself a basic salary that caters for school fees, home improvements and the rest as savings goes to reinvestment in growing the business. Lastly, i prefer buying cash than going on debts. This has really helped me to propel the wheel.

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  • Kezia Nyutu    Dec 20, 2014

    Thanks a lot lenders for contributing to my loan and in trusting my business as well. I look forward to working closely with you. Thanks once more.

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  • Kezia Nyutu    Dec 15, 2014

    Dear Lenders, am grateful that you approved my loan application and that am eager and looking forward to receiving the funds and as well in working with you. Thanks and grateful!

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