Loan to grow my clothing-sales business

Carolyne Jerono

Busia, Kenya

100% repaid

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How it Works

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 will use to rejuvinate my business and attract more customers hence increased revenue.Once my income increases i will diversify my business by venturing into new fields.I will also use the extra money to do marketing of my business in the near towns e.g Mumias,Malaba and Bungoma which will increase my market and help me open new branches accross western province.

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

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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.

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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.

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