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.

Show original English  

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.

Feedback

3

None

None

  • Treesforpeople    Apr 8, 2021

    Carolyne has repaid the full loan with diligence. Although some payments were slightly late, many were paid ahead of schedule and she was clearly taking responsibility for her loan. I'd be very happy to lend to her again.

    Log in to reply • Share
  • J    Jul 13, 2018

    Because of a not paying customer Wendy wasn’t able to repay the last few payments on time. But because of the neat explanation I’am still very positive about this lending experience.

    Log in to reply • Share


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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

Lenders

N

Nicole

Pittsburgh, United States

PG

Paul Graham

United States

CR

Christine Randall

Brisbane, Australia

Craig Newmark

United States

SH

Stephanie He

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$397.34

Amount remaining

$0.00

Date repaid

Dec 12, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 9, 2017 $49.53 Oct 9, 2017 $49.53
Oct 16, 2017 $9.91 Oct 16, 2017 $9.91
Oct 23, 2017 $9.91 Oct 24, 2017 $9.91
Oct 30, 2017 $9.91 Oct 30, 2017 $9.91
Nov 6, 2017 $9.91 Nov 7, 2017 $9.91
Nov 13, 2017 $9.91 Nov 14, 2017 $9.91
Nov 20, 2017 $9.91 Nov 20, 2017 $9.91
Nov 27, 2017 $9.91 Nov 25, 2017 $9.91
Dec 4, 2017 $9.91 Dec 4, 2017 $9.91
Dec 11, 2017 $9.91 Dec 12, 2017 $9.91
Dec 18, 2017 $9.91 Dec 12, 2017 $9.91
Dec 25, 2017 $9.91 Dec 12, 2017 $9.91
Jan 1, 2018 $9.91 Dec 12, 2017 $9.91
Jan 8, 2018 $9.91 Dec 12, 2017 $9.91
Jan 15, 2018 $9.91 Dec 12, 2017 $9.91
Jan 22, 2018 $9.91 Dec 12, 2017 $9.91
Jan 29, 2018 $9.91 Dec 12, 2017 $9.91
Feb 5, 2018 $9.91 Dec 12, 2017 $9.91
Feb 12, 2018 $9.91 Dec 12, 2017 $9.91
Feb 19, 2018 $9.91 Dec 12, 2017 $9.91
Feb 26, 2018 $9.91 Dec 12, 2017 $9.91
Mar 5, 2018 $9.91 Dec 12, 2017 $9.91
Mar 12, 2018 $9.91 Dec 12, 2017 $9.91
Mar 19, 2018 $9.91 Dec 12, 2017 $9.91
Mar 26, 2018 $9.91 Dec 12, 2017 $9.91
Apr 2, 2018 $9.91 Dec 12, 2017 $9.91
Apr 9, 2018 $9.91 Dec 12, 2017 $9.91
Apr 16, 2018 $9.91 Dec 12, 2017 $9.91
Apr 23, 2018 $9.91 Dec 12, 2017 $9.91
Apr 30, 2018 $9.91 Dec 12, 2017 $9.91
May 7, 2018 $9.91 Dec 12, 2017 $9.91
May 14, 2018 $9.91 Dec 12, 2017 $9.91
May 21, 2018 $9.91 Dec 12, 2017 $9.91
May 28, 2018 $9.91 Dec 12, 2017 $9.91
Jun 4, 2018 $9.91 Dec 12, 2017 $9.91
Jun 11, 2018 $9.91 Dec 12, 2017 $9.91
Jun 18, 2018 $1.07 Dec 12, 2017 $1.06
Dec 12, 2017 $0.01

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