To buy beauty creams ,hair food and human hair

Rosemary

Mikindani, Kenya

0% repaid

Entrepreneur

Name

Rosemary

Member since

April 2016

On-time repayments

30 installments  •  0%

About Me

My name is Rosemary wangari,I am the only daughter and child to my mum and dad.under their care I was tought some christian values under the catholic church in Nyahururu,Due to some family disputes my parents had to go to the capital Nairobi to settle and in search of greener pastures so i had to stay with my grand ma. Thy both struggled enough to cater for my school fees and thank God I schooled up to secondary school.After high school I got a chance for a job in Saudi Arabia though as a houshelp,after two yrs of the contract I came back to the country,it is then that i bought a small piece of land and got the capital to start a beuty salon from my salary for the two yrs,I Always thank God for the far He has brought me.

My Business

My business is a beauty salon,it is obvious and evident that most ladies young or old want always to have that smart hair abeautiful face like all the time therefore making the service or the business more in demand,it gets more profitable during the holidays where almost every weekend there is a wedding meaning that more ladies and even some gents will come to have their hair done, therefore choosing this idea was a good choice for me.I have rented a shop so I usually pays the rent and the electricity bills every month I also use the profits to support my mum and dad like sometime paying house rent and their upkeep.

Loan Proposal

It is a pleasure that I am applying for this loan,I am planning to by the following items as soon as I will receive the money;I Will buy Hair foods which have varieties of scent which are Venus,Miadi,Hair treatments am budgeting kshs 3,000, am also planning to use another kshs 2,000 to buy beuty creams to do facial e.g scrub,toner,cleanser,moisturizer and musk for facial therapy. I will also also need to buyhairs eg braids ,human hair an weages planning to use 3000 kshs on hair.1,500 for pedicure and manicure I need to add some products. If i will accomplish this I will increase my profits with a bigger percent since I will have this product ready in the salon so I won't buy them from outside hence I will get the profit for the product plus the lobour service fee.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Apr 28, 2016

Repayment status

Late

Projected term

7 months

Lenders

YB Song

Seoul, Republic of Korea

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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