Name
Rocinter
Member since
February 2017
On-time repayments
18 installments • 94%
Am an orphan who went through alot of hardship in getting education and thus through alot of struggles i managed to finish my schooling and with that i started a saloon business to get me through with life.
I don't want to very reliant on my husband thus we need to suppliment one another in providing for the kids and making their lifes better than what i went through.
I mainly depend on the saloon to meet my daily expences and bills.
I sell cosmetics synhtetic human hair as well as i plait hair and also do beauty theraphy to ladies.
I also do make up for ladies in wedding ceremonies and other occasions.
i also do hair treatment and therapy plus sell various beauty products
I would like to replenish my salon with items like shampoos,artificial human hair and nail polish that will cost a total of usd25.
With this i will be able to serve my customers better and having everything under one roof rather than having to buy these from other shops.
As a result i will be able to increase my profit margin and expand my business to the next level and with the expansion more jobs will be created and more will be alleviated from poverty thus our community will positively grow.
With the stock i will be able to increase my profit by a margin of at least 15% as buying from other shops i pay a retail price but when i stock it at my shop i will purchase at a wholesale price.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$25.00
Date disbursed
Apr 20, 2017
Repayment status
On Time
Projected term
2 months
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