Mitumba (second-hand) clothing to sell in my boutique
Carolyne Jerono
Busia, Kenya
100% repaid
Entrepreneur
Name
Carolyne Jerono
Member since
December 2015
On-time repayments
239 installments • 88%
About Me
My name is Carolyne Jerono, living in Busia County, Kenya. I hold a Bachelor's Degree in Business Management. I was employed at a local company and, after a few months of employment, I came up with an idea of saving and starting my own business in order to boost my monthly income.
I run a boutique business specializing in children’s clothes. My business is doing well and I need some additional capital to boost it owing to high demand for my products in my area. I also plan to diversify to M-pesa [mobile money transfer] business in the near future.
My Business
My boutique business is in line with my career of business management, having well understood sales and marketing from experience from my employment. I chose to start this business in order to boost my income and living standard. I also plan to diversify to include M-pesa business to get extra and consistent income.
I ventured into this business in the year 2014 in Busia town from savings of my salary. Due to a steady rise in demand, I was forced to increase my stock recently. But I still need more stock for my business in order to meet the demand and maximize revenue.
I would like to thank Zidisha for the loan of $200 USD that I completed paying on the 3rd of March. It really boosted my business.
Loan Proposal
I would like to buy belts of mitumba clothes worth $250 USD to make a net profit of $30 USD weekly. This will boost my sales and therefore my profits will increase. This will tremendously change my life financially.
About Me
My name is Carolyne Jerono, living in Busia County, Kenya. I hold a Bachelors Degree in Business Management. I am employed at a local company and after few months of employment, I came up with an idea of saving and starting my own business in order to boost my monthly income.
I run a boutique business specializing in children’s clothes. My business is doing well and I need some additional capital to boost it owing to high demand for my products at my area. I also plan to diversify to M-pesa business in the near future.
My Business
My boutique business is in line with my career of business management, having well understood sales and marketing from experience from my employment. I chose to start this business in order to boost my incomes and living standard. I also plan to diversify to include M-pesa business and to get extra and consistent income from the M-pesa business.
I ventured into this business in the year 2014 in Busia town from savings of my salary. Due to a steady rise in demand, I was forced to increase my stock recently. But I still need more stock for my business in order to meet the demand and maximize revenue.
I would like to thank zidisha for the loan of 40,000 that i completed paying recently though i faced challenges because my business was broken into.
Loan Proposal
I would like to buy belts of mitumba clothes worth 250 USD to make a net profit of 30 USD weekly.
This will boost my sales and therefore my profits will increase.This will tremendously chenge my life financially.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$202.00
Date disbursed
Mar 20, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Austin, United States
Fontvielle, Monaco, Yemen
Hong Kong
United States
United States
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Summary
Amount repaid
$212.10
Amount remaining
$0.00
Date repaid
Nov 18, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 30, 2016 | $15.11 | Mar 27, 2016 | $15.11 |
| Apr 6, 2016 | $15.11 | Mar 27, 2016 | $5.24 |
| Mar 27, 2016 | $5.04 | ||
| Apr 6, 2016 | $4.84 | ||
| Apr 13, 2016 | $15.11 | Apr 6, 2016 | $5.24 |
| May 25, 2016 | $9.87 | ||
| Apr 20, 2016 | $15.11 | May 25, 2016 | $5.24 |
| Jul 6, 2016 | $9.87 | ||
| Apr 27, 2016 | $15.11 | Jul 6, 2016 | $5.24 |
| Jul 9, 2016 | $9.87 | ||
| May 4, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| May 11, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| May 18, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| May 25, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| Jun 1, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| Jun 8, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| Jun 15, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| Jun 22, 2016 | $15.11 | Jul 9, 2016 | $15.11 |
| Jun 29, 2016 | $15.11 | Jul 9, 2016 | $14.71 |
| Jul 9, 2016 | $0.40 | ||
| Jul 6, 2016 | $0.10 | Jul 9, 2016 | $0.10 |
| Jul 13, 2016 | $0.46 | Nov 18, 2018 | $0.46 |
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