To increase stock

Jane

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jane

Member since

August 2017

On-time repayments

24 installments  •  71%

About Me

Hello Lenders,My name is Jane Wanjiru,31 years old from Kenya.Am a young entrepreneur doing cosmetic and beauty.Being the first born in a family of five children and being raised by a single mum hasn't been easy.it has taken me some years to be able to raise some cash for me to do this business.Before I started doing this business I was employed as bookshop attendant.This is where I got business skills and also secured some cash to start up this business. First I used to hawk around to my friends since I was doing it part time because my salary wasn't enough to help mum bring up other siblings at home and for my upkeep.I hustled along and managed to save some cash where I enrolled at Kenya institute of management and did my certificate in business Management. Due to lack of cash I did not manage to go to the next level and so I decided to stick to my business of hawking the cosmetic accessories. at first it wasn't easy since I used to sell most of my products on credit where some of my customers did not pay on time agreed and others didn't pay at all.I perservered until I managed to secure a small store at Kirigiti shopping center which is along Ruiru -kiambu Road.

My Business

I started this business with a capital of ksh.10 thousand ie after securing a store.In the First month my returns were so minimal being a new business in the area and having random customers.after some month am now able to account for my revenue which is growing gradually as I have frequent customers and am able to add my stock as I add more new products depending on my customers demand.currently, my stock is worth around Ksh.15- 17 thousand,giving me returns of ksh3- 5thousand monthly.I thank God I can see the fruits of patience in business and hoping to do great as time goes by.

Loan Proposal

I will continue increasing my stock of jewellaries and cosmetics which includes new products proposed by my customers like cosmetics bags ,wet wipes,tissues among others to increase my revenue.By increasing my stock my customers will have variety of choice thus it will help me increase my profit thus creating satisfaction to me and my customers. Through the increase of my stock I hope I will have an increase of profit margin by 20%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$2.00

Date disbursed

Aug 16, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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

Please log in to comment.

  • Jane    Aug 22, 2022

    Thanks alot to all who have helped in this funding.By this finding I will buy more stock which will help me in getting more clients thus making more profit.once again than

    Log in to reply • Share
  • Jane    Aug 22, 2022

    First,I really appreciate my previous loan backers.it helped me in adding stock to my shop which was a plus to my revenue.

    Log in to reply • Share
  • Jane    Jul 3, 2022

    First,am so humbled for acceptance by Mathias and Christine.God bless you.
    By these funds bi will add stock to my shop and by this I will get more clients thus making more revenue.thanks again Thanks again Mathias and Christine for coming through for me.

    Log in to reply • Share
  • J    Dec 29, 2017

    Hi Jane

    Please remove your ID from the public part of Zidisha. It can be used for identity theft. Only post this on the private part where you communicate with Zidisha employees.
    More info: www.zidisha.org/forum-threa...

    Log in to reply • Share
  • Jane    Nov 1, 2017

    Hello dear Lender, I received the funds today of ksh.4464.am so greatful because this will help continue expanding business by increasing my stock.Again thankyou so much.Stay blessed

    Log in to reply • Share
  • Jane    Oct 24, 2017

    Hello dear Lenders, am gladly thanking you for your continued support with the funds which I have continued adding stock to my growing business.I will add more products in order to meet my clients demand.

    Log in to reply • Share
  • Jane    Oct 24, 2017

    Hello dear Lenders,am sincerely grateful for the previous funds.The cash helped me to add stock in my premise.This addition has helped me maintain my customers since am meeting their demand thus increase in my revenue which am still continuing to add more products for the growth of my business.I can attest am a happy client to you all my Lenders.Blessings always

    Log in to reply • Share
  • Jane    Oct 7, 2017

    Hello dear lenders,Am soo greatful for your continued support to my wellness.I thankfully received the funds of ksh.2494 yesterday.Iam continually adding my stock and am really greatful since I can see my business doing well.Thanks a lot.God bless you greatly

    Log in to reply • Share
  • Jane    Oct 2, 2017

    Hello my lenders,As my business is growing I will continue adding my products stock.This will help my business grow and by this it will earn me more revenue. I trully thank you for your support. May God bless you greatly.

    Log in to reply • Share
  • Jane    Sep 28, 2017

    Hello dear Lenders,First thanks a lot for continued support. The previous funds helped me in adding stock to my growing business. Am glad am now adding new stocks thus making a difference than before when I would tell my customer there were no a certain product.As a growing business I have continually purchased more products with my earnings which are as well increasing.

    Log in to reply • Share
  • Jane    Sep 18, 2017

    Hi my lender,Am so greatful for the acceptance of my loan application by you.May God bless you beyond measure.With the help of funds I will continue growing my business by adding my stock and this will help in my increase of revenue. Again thankyou so much for the support.

    Log in to reply • Share
  • Jane    Sep 18, 2017

    Hi namesake! God bless you :)

    Log in to reply • Share
  • Jane    Sep 17, 2017

    Hello my lender,I must confess so far am really happy for your support.With the loan funds am continuing to add my stock thus this is helping me to gain more revenue.This is helping me and as whole my family due to more income which I believe with this trend I will continue making tremendous business thus bright future and a business of my dreams.Thanks a lot Lenders

    Log in to reply • Share
  • Jane    Sep 8, 2017

    Hello dear lenders...first receive my apologies for update delay.I received my loan of ksh.285.I managed to add some products and am really greatful for your continued support in my business.

    Log in to reply • Share
  • Jane    Aug 24, 2017

    I will add the stock of my products an this will help by increasing my revenue.I sincerely thank the entire zidisha fraternity and mostly my lenders.Thankyou

    Log in to reply • Share
  • Jane    Aug 16, 2017

    Hello...am very greatful for disbursing my loan which I received this morning of ksh.190.I will now add the stock as per my reason to apply. Thanks

    Log in to reply • Share
  • Jane    Aug 13, 2017

    I will increase the existing stock and this will help me increase my revenue.I humbly thankyou for acceptance for the application of my loan.

    Log in to reply • Share


Loading...

Loading...

Loading...