Fabric for clothing production

Chepkemoic Carolyne

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Chepkemoic Carolyne

Location

Mombasa, Kenya

On-time repayments

287 weekly installments  •  19%

About Me

i am carolyne chepkemoi from kericho county but currently staying in mombasa county.i hold a degree in.public relations.athird born in a family of four.i started my business after campus with the savings i had since i never wanted to stay idle as i looked for a job.i started with getting lessos from mombasa and selling thrm in nairobi,nakuru and kericho.after sometime i included some fabric(vitenge)since my customers were demanding for them.with the zidisha loan i know my business will grow to something bigger than it is now because i intend to also add handbags,shoes and men wear to my business.by that il target a larger market.

My Business

This being a personal business i will pay back with the money i make.my business is growing day after day and its very promising.in.my business i have constant customers that i rely on.even.when the period is low.i make new customers often too.The good part about my business is that most people like to make or design their own clothes.they like tailored clothes and thats why the fabric business is very nice.with the zidisha loan i can expand my business more and offer variety of goods and services to my customers.i do make 7 to 11 thousand shillings profit after i have subtracted all my expenses.sometimes i get a higher or low amount according to how the market is.i make thos much because the capital i put was little but i can say it has really grown and i know it will grow bigger with time.thanks in advance and i hope you will consider my application.

Loan Proposal

Hello lenders.am carolyne chepkemoi.this is my 2nd loan.il use the money to buy more stock &make my small growing business better than it is now.i repaid the 1st loan on time and i intend to do same with this one.I used my first loan on.buying more fabric since my business is still growing.i want to target the holiday since many people have celebrations like weddings,family get togethers so i believe its good for my business because many people especially women will be making clothes and i believe i will have many more returns if i work hard on it and put more effort.i hope my application will be considered and fully funded.thankyou.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.07

Date disbursed

Apr 17, 2014

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $150.07 at 2.84% annual rate over 1 month = $0.41

Service fee: $0.73

Lenders

S

SelvaMarcus

Green Cove Springs, United States

P

Prysdahl

Marshall, United States

Sarasota

Sarasota, Fl, United States

JulianHF

London, United Kingdom

anonymous

Huntington, United States

O

osubucks45

United States

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