Expansion of my custom hand-made carpet business
Caroline
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Caroline
Member since
July 2015
On-time repayments
284 installments • 32%
About Me
I am a rural girl, having been born in the Machakos region of Kenya. I, however, currently reside in the bustling capital city of Nairobi where I am employed. I am married with two lovely boys. In my current post, I am a logistics officer for a beverages company, but on my off days I enjoy doing things with my hands and spending time with my family. I also enjoy the outdoors and love to travel when time allows.
My Business
I have dabbled in the making of custom, home-made carpets in the past with some measure of success. I have recently decided to shift focus to the making and selling of snacks. I have long had a passion for cooking. I enjoy trying out new recipes to cook meals for my family in my free time. I have also catered for my friends' parties in the past and received good feedback on the quality of food served. I intend to put these talents to good use in my new venture.
Loan Proposal
I usually produce my carpet on order basis since they are custom. The majority of my customers prefer to pay on collection which means I need to source funds to purchase material to make the required carpet. It often happens that I would be constrained when I have more than two orders to produce at the same time as my money is tied up with the current project.
I will use the proceeds of the loan to purchase more material (yarns, needles, plastic mats) for my business so that I am able to service more orders simultaneously thus expand my business.
About Me
I am a rural girl having been born in the Machakos region of Kenya. I however currently reside in the bustling capital city of Nairobi where I am employed. I am married with two lovely boys. In my current post, I am a logistics officer for a beverages company but in my off days I enjoy doing things with my hands and spending time with my family. I also enjoy the outdoors and love to travel when time allows.
My Business
I have dabbled in the making of custom, home-made carpets in the past with some measure of success. I have recently decided to shift focus to the making and selling of snacks. I have long had a passion for cooking. I enjoy trying out new recipes to cook meals for my family in my free time. I have also catered for my friends' parties in the past and received good feedback on the quality of food served. I intend to put these talents to good use in my new venture.
Loan Proposal
I usually produce my carpet on order basis since they are custom. The majority of my customers prefer to pay on collection which means I need to source funds to purchase material to make the required carpet. It often happens that I would be constrained when I have more than two orders to produce at the same time as my money is tied up with the current project.
I will use the proceeds of the loan to purchase more material (yarns, needles, plastic mats) for my business so that I am able to service more orders simultaneously thus expand my business.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 14, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
Ask Caroline a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...