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.

Feedback

1

None

None



Loading...

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.

Loading...

Summary

Amount repaid

$205.01

Amount remaining

$0.00

Date repaid

Dec 12, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 19, 2015 $5.53 Apr 20, 2015 $5.53
Apr 26, 2015 $5.53 Apr 27, 2015 $5.53
May 3, 2015 $5.53 May 4, 2015 $5.53
May 10, 2015 $5.53 May 11, 2015 $5.53
May 17, 2015 $5.53 May 18, 2015 $5.53
May 24, 2015 $5.53 May 25, 2015 $5.53
May 31, 2015 $5.53 Jun 1, 2015 $5.53
Jun 7, 2015 $5.53 Jun 8, 2015 $5.53
Jun 14, 2015 $5.53 Jun 15, 2015 $5.53
Jun 21, 2015 $5.53 Jun 24, 2015 $5.53
Jun 28, 2015 $5.53 Jun 29, 2015 $5.53
Jul 5, 2015 $5.53 Jul 6, 2015 $5.53
Jul 12, 2015 $5.53 Jul 14, 2015 $5.53
Jul 19, 2015 $5.53 Jul 20, 2015 $5.53
Jul 26, 2015 $5.53 Jul 27, 2015 $5.53
Aug 2, 2015 $5.53 Jul 27, 2015 $0.02
Aug 3, 2015 $5.51
Aug 9, 2015 $5.53 Aug 3, 2015 $0.04
Aug 10, 2015 $5.49
Aug 16, 2015 $5.53 Aug 10, 2015 $0.07
Aug 17, 2015 $5.47
Aug 23, 2015 $5.53 Aug 17, 2015 $0.09
Aug 24, 2015 $5.44
Aug 30, 2015 $5.53 Aug 24, 2015 $0.11
Sep 1, 2015 $5.42
Sep 6, 2015 $5.53 Sep 1, 2015 $0.13
Sep 7, 2015 $5.40
Sep 13, 2015 $5.53 Sep 7, 2015 $0.16
Sep 14, 2015 $5.38
Sep 20, 2015 $5.53 Sep 14, 2015 $0.18
Sep 22, 2015 $5.36
Sep 27, 2015 $5.53 Sep 22, 2015 $0.20
Sep 29, 2015 $5.33
Oct 4, 2015 $5.53 Sep 29, 2015 $0.22
Oct 6, 2015 $5.31
Oct 11, 2015 $5.53 Oct 6, 2015 $0.24
Oct 12, 2015 $5.29
Oct 18, 2015 $5.53 Oct 12, 2015 $0.27
Oct 19, 2015 $5.27
Oct 25, 2015 $5.53 Oct 19, 2015 $0.29
Oct 27, 2015 $5.24
Nov 1, 2015 $5.53 Oct 27, 2015 $0.31
Nov 4, 2015 $5.22
Nov 8, 2015 $5.53 Nov 4, 2015 $0.33
Nov 12, 2015 $5.20
Nov 15, 2015 $5.53 Nov 12, 2015 $0.36
Nov 18, 2015 $5.18
Nov 22, 2015 $5.53 Nov 18, 2015 $0.38
Nov 23, 2015 $5.16
Nov 29, 2015 $5.53 Nov 23, 2015 $0.40
Nov 30, 2015 $5.13
Dec 6, 2015 $5.53 Nov 30, 2015 $0.42
Dec 7, 2015 $5.11
Dec 13, 2015 $5.53 Dec 7, 2015 $0.44
Dec 12, 2015 $5.09
Dec 20, 2015 $5.53 Dec 12, 2015 $5.53
Dec 27, 2015 $5.81 Dec 12, 2015 $5.81

Loading...