Dennis
Nairobi, Kenya
100% repaid
Name
Dennis
Member since
April 2017
On-time repayments
21 installments • 33%
I'm a business man and i deal with cosmetics and a boutique whereby i have employed around five women who work for me and i pay them a monthly amount of 20,000 each due to the large profits that my business accrue monthly, but currently i was running out of stock and i needed your financial assistance to bail me out of the financial stalemate that am currently in
currently I'm running out of stock and i needed your financial assistance to bail me out of the financial stalemate that am currently in. I earn approximately 25000 ksh weekly profit. Kindly give me a loan to boost my business, it wil be kind of you to offer me this loan as i have to buy some stocks that most customers need
I will use to purchase an Electric Dustpan Vacuum which cost $119.00
No major advertising campaigns are anticipated. Our research has shown that word of mouth is the best advertising for this type of business. We will, however, run specials throughout the week. We will also ask clients for referrals, and reward them with discounted or free services depending on the number of clients they bring. We will also offer discounts to the new clients who have been referred. There are plans for a lottery that will offer a free trip to, say, Cancun. A client would simply refer new clients to us, and we will place a card in a box for each client he or she brings. The more they bring, the more chances they have of winning the trip.
My beauty salon is an establishment dealing with cosmetic treatments for men and women. Other variations of this type of business include hair salons.
If i have enough capital i will love to start massage for the body which is becoming a popular beauty treatment, with various techniques offering benefits to the skin (including the application of beauty products) and for increasing mental well-being. Hair removal is offered at some beauty salons through treatments such as waxing and threading. Some beauty salons style hair instead of going to a separate hair salon, and some also offer sun tanning. Other treatments of the face are known as facials. Specialized beauty salons known as nail salons offer treatments such as manicures and pedicures for the nails . A manicure is a treatment for the hands, incorporating the fingernails and cuticles and often involving the application of nail polish , while a pedicure involves treatment of the feet, incorporating the toenails and the softening or removal of calluses.
If given a chance then I am going to expand my business and introduce all those explained above.
Kindly increase my loan limit as I need more money to expand my business.
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Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Sep 15, 2017
Repayment status
On Time
Projected term
6 weeks
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