Zidisha |

Carolyne

Nairobi ( Umoja), Kenya

100% repaid

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How it Works

Entrepreneur

Name

Carolyne

Member since

October 2012

On-time repayments

60 installments • 50%

About Me

My name is Carolyne Wanjiru. I am 30 years old and a single mother of two children, a boy and a girl, who are eight and three years old. They are both in school. We live in Umoja Estate with my four siblings. As my mother passed away when we were young and our dad was living and working very far away from us, I had to take on the role of a mother when I was only twelve years old. This taught me responsibility at a very young age.

I successfully finished my O-levels. I had started studying psychology in college, but due to financial constrains I wasn't able to finish. I did voluntary counselling test (VCT) and I worked with different organisations sensitizing about H I.V.

Amongst the economic strains in the country due to post-election violence, I decided to venture into business. I opened a salon and a cafe in my home estate. For the last two years, it has been the source of my family income. The business's income has allowed me to pay my family's bills, my children's tuition fees, and other basic needs.

My desire is to be able to go back and finish my psychology course. I am hopeful that Zidisha support will help me to accomplish this goal. All is possible through hard work and having faith in God.

My Business

I run a cafeteria at Umoja Estate. I deal with snacks and soft drinks. I started the business because there is always a demand for food. My clients prefer my business because I am able to offer them credit on their purchases until the end of the month. Our prices are highly competitive in the market. The business is profitable because I am able to source goods in the market at a better price than buying at the estate.

The challenges and risks that we face are financial constraints in the daily running of business. When the prices for goods rise in the market, this cost cannot always be passed on to the client, resulting in a decreased profit margin. Our monthly cost is 12,000 KSH. Our profit is 3,000 KSH per month.

If I can secure this loan, I’ll be able to increase the income from my business by being able to purchase and sell increased amounts of stock. I am working hard to get different sources of income: the salon/cafe and now the opportunity to supply clothes for this tender I have been given.

Loan Proposal

Dear lenders, I am asking for your help to raise my second Zidisha loan. I intend to purchase clothes (children and ladies) to sell to the supermarkets. I will use the loan as follows: 25% to buy children clothing and 50% to buy lady's clothing. Most of the remaining balance will be used for transportation and a permit. I will set some money aside for day to day running of the business.
Thank you for your help getting my first loan which I was able to repay fully. Your support has brought growth and success to my business. I hope you will continue to support me.

Show original English

About Me

My name is carolyne wanjiru.Am 30 years old,am a single mother of two children,a boy and a girl,who are of age eight and three years both in school. we live in umoja estate together with them.i have four sibblings who i live with my young sister our mim passed on when we were young and i have played the role of a mother from when i was twelve years,then our dad was living and working very far away from us,this made me responisible from very young.i succesfully finished my o-levels and joined college which i did partly,I did voluntary counselling test (V C T),i have with different organisations sentiziting about H I.V, i had also started doing pyscology but due to financial strains i waws not able to finish but to econonimic strains in the country due to post election violence i decide to venture into business.i open a solon and a cafe in my home estate which i have run for two year now and has been the source of my family income.through the cafe and salon i manage to cater for my family bills.I have managed to take my children to school pay there tution fee,and all the basic needs.my desire is that i will be able to go and finish my pyscology course and am hope full through Zindisha will go there because everything is possible through hard work and having faith in God

My Business

I run a cafeteria at umoja estate. I deal with snacks and soft drinks. I started the business because there is always demand of food chains, even season or out of season. My clients prefer the business because I am able to lend, which makes them comfortable and paid by end of the month. Our prices are fairly cheap compared to our competitors. The business is profitable because I am able to source for the goods in the market other than buying at the estate that makes it cheaper. The challenges and risks that we face are financial constraints in the daily running of business. When the goods are high in the market and you are not able to adjust it to your customers. Our monthly cost is 12,000. Our profit is 3,000 per month. Having secured the loan, I’ll be able to see the business go to the next level, able to put more stock and help for my personal life.Am working harder to get different source of finances,the salon,cafe and now the opportunity to supply clothes for this tender i have been given.

Loan Proposal

Dear lenders,thankyou for your support that you have given to me in zindisha.Thankyou for your help getting my first loan which i was able to repay fully and which has brought growth and success the business.Am again asking for your help to raise my second loan which i want to use sell clothes children and ladies wears.i was given this opportunity to sell to the supermarkets and am intending to use 25% to buychildren and 50% to buy ladies ,and the remaining balance i will use in transportation ,permit and will set some saving for day to day running of the business.