Buy a sewing machine

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

Hi lenders. I am here again asking for your financial support. First i wonna thank you for the support so far. You have changed my life and that of my family members and for that, iam so grateful. I have been buying and selling curtains in busia,trying to test the market and from the look of things,its a good business to venture into. I therefore want to buy a sewing machine so that i can be making them and selling. This will benefit me a great deal in creating another source of income and again i will have created employment for the person who will be sewing and selling the curtains. With the sewing machine in place i will be able to make 50% more profit compared to when i used to buy the ready made ones. Kindly assist. Thanks in advance.

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

Hi lenders. I am here again asking for your financial support. First i wonna thank you for the support so far. You have changed my life and that of my family members and for that, iam so grateful. I have been buying and selling curtains in busia,trying to test the market and from the look of things,its a good business to venture into. I therefore want to buy a sewing machine so that i can be making them and selling. This will benefit me a great deal in creating another source of income and again i will have created employment for the person who will be sewing and selling the curtains. With the sewing machine in place i will be able to make 50% more profit compared to when i used to buy the ready made ones. Kindly assist. Thanks in advance.

Feedback

3

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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.

    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

$643.00

Date disbursed

Apr 26, 2018

Repayment status

On Time

Projected term

2 months

Lenders

RC

Rudi Chen

United States

JA

Jan Andresen

Hamburg, Germany

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

J

Netherlands

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