Entrepreneur
Name
Caroline
Member since
July 2015
On-time repayments
174 installments • 75%
About Me
Hi my name is Carol. I'm the first born in a family of five. I have to brother's. I love working with fabric. I feel good when I make something beautiful from some piece of fabric.
Its a blessing to be able to pursue that which I love to do. Business isnt easy but doing something I love makes it easier to push on. something I've learned is that aside from. money one really need to have a deep passion for what they pursue. That way even when things get tough one is able to stick it through the tough times.
My Business
I mainly specialize in female African clothing. I love making African maxi skirts. I recently purchased a new electric machine that does more stitches. This is so helpful as I can now do a neat finish on the clothes. I was using a machine with limited stiches and that made it difficult to create a neat finish. This new machine is a step in the right direction. I would like to purchase some more African fabric so that I can make some more African skirts and dresses. I have a love for African designs and I look forward to building my brand. it's been a journey and I believe with every experience I learn and grow.
Loan Proposal
I will use the money to buy a bail of trench coats. A bail goes for $150. I will add some money and get a new bail. The rains are starting here in Kenya and I need to stock up.
I normally sell the clothes to my family friends and workmates. I happy when i add value to their lives. The trench coats will keep them warm during this rainy season and the income received will be reinvested back into the business.
A bail contains at least 45 pieces. I sell the trench coats from $6 to $8. The minimum expected revenue is estimated at $270.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Nov 18, 2015
Repayment status
On Time
Projected term
10 months
Lenders
Moscow, Russia
United States
United States
United States
United States
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