Sale of shampoo and beauty products

Herma

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Herma

Member since

September 2013

On-time repayments

89 installments  •  71%

About Me

My name is Herma Keter. I was born in Trans Nzoia District in Cherengany. I am a 25 year old lady. I stay in Mombasa at Leisure near Bombolulu. I am a Christian. I am the third born in a family of 6. I work as a travel agent in Mombasa and also run small businesses. I am a holder of a Diploma in Tourism Management from Narok University College. I started my business to earn a living and also as an option B in life incase my employment is terminated. The earnings I get from my business go direct to stock and other personal emoluments like family related as I have siblings and parents who also rely on me. My business has been of help to me and it really boosts me financially.

My Business

The name of my business is Herma Beauty and Boutique. The location of the business is in Mombas. I deal with beauty products such as shampoo, Clothing, hair, make – up, salon. There is demand for these products especially ladies are my main clients and as you know a lady can’t go without making her hair or use of new clothes in the market. My clients prefer my business because I normally have pocket friendly prices and I charge them fairly an added advantage is that I have staff who are professionals. The risks and challenges are licenses but once you have the licenses to operate business a business that you are good to go.

My monthly earnings are 52000
Rent + staff salary + electricity + stock = 42000 so my total profit per month is 10,000/=

Loan Proposal

I will use the loan in upgrading my business and the loan will boost me in running my business efficiently. Lenders should support me because i am determined and focused and in acquiring the loan i will upgrade my business and with time as i continue getting more loans i will create job opportunities and also open another business as time goes by.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 6, 2014

Repayment status

On Time

Projected term

5 months

Lenders

C

Cuddles

New Bern, United States

Sarasota

Sarasota, Fl, United States

Bivouac

Hillsboro, United States

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Summary

Amount repaid

$51.95

Amount remaining

$0.00

Date repaid

Sep 9, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 17, 2014 $2.26 Mar 17, 2014 $2.26
Mar 24, 2014 $2.26 Mar 17, 2014 $0.01
Mar 24, 2014 $2.25
Mar 31, 2014 $2.26 Mar 24, 2014 $0.02
Apr 10, 2014 $2.24
Apr 7, 2014 $2.26 Apr 10, 2014 $0.04
Apr 17, 2014 $2.22
Apr 14, 2014 $2.26 Apr 17, 2014 $2.26
Apr 21, 2014 $2.26 Apr 17, 2014 $0.06
May 28, 2014 $2.20
Apr 28, 2014 $2.26 May 28, 2014 $2.26
May 5, 2014 $2.26 May 28, 2014 $2.26
May 12, 2014 $2.26 May 28, 2014 $2.26
May 19, 2014 $2.26 May 28, 2014 $2.26
May 26, 2014 $2.26 May 28, 2014 $0.53
May 29, 2014 $1.73
Jun 2, 2014 $2.26 May 29, 2014 $2.26
Jun 9, 2014 $2.26 May 29, 2014 $2.26
Jun 16, 2014 $2.26 May 29, 2014 $0.81
Jun 23, 2014 $1.45
Jun 23, 2014 $2.26 Jun 23, 2014 $2.26
Jun 30, 2014 $2.26 Jun 23, 2014 $0.05
Jul 24, 2014 $2.21
Jul 7, 2014 $2.26 Jul 24, 2014 $2.26
Jul 14, 2014 $2.26 Jul 24, 2014 $2.26
Jul 21, 2014 $2.26 Jul 24, 2014 $2.26
Jul 28, 2014 $2.26 Jul 24, 2014 $0.06
Sep 6, 2014 $2.20
Aug 4, 2014 $2.26 Sep 6, 2014 $2.26
Aug 11, 2014 $2.26 Sep 6, 2014 $2.26
Aug 18, 2014 $2.26 Sep 6, 2014 $2.26

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