Name
Erick
Member since
June 2017
On-time repayments
37 installments • 49%
my name is Erick Mawira Njueh. I am a professional working on a 8-5 job but with a side hustle business to meet my family needs. The business is expanding at a satisfactory rate but with the current economic status, there is need to inject more capital to boost my business.
I have also realized that if I buy items in bulk, I receive higher discounts and hence a higher profit margin.
My business is a hair dressing and beauty salon. The services provided are: hair dressing for men & women, nail care, sale of beauty and hair products.
I intend to increase on this month's stock to serve more clients with a wider scope of services. These include braids, beauty products and barber items.
From my past experience, I enjoy the economies of scale when I do bulk purchases from the wholesalers and distributors thus increasing my profits.
Positive
None
Neutral
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Negative
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Project Type
Pay It Forward
Disbursed amount
$42.00
Date disbursed
Mar 8, 2023
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