Children's wear for my boutique shop
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'm planning to use the loan to buy stock for the December holidays. The festive season is already here and I'm expecting to make more sales. I therefore want to buy dresses and trousers for kids to sell during this three months. I will use the profits to repay the loan and to buy more stock. I will then give back to the society and save some for the rainy season.
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'm planning to use the loan to buy stock for the December holidays. The festive season is already here and I'm expecting to make more sales. I therefore want to buy dresses and trousers for kids to sell during this three months. I will use the profits to repay the loan and to buy more stock. I will then give back to the society and save some for the rainy season.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$398.00
Date disbursed
Oct 1, 2017
Repayment status
On Time
Projected term
8 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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