Vikoys, blankets and baby shawls for my business

Caroline

Ruiru, Kenya

100% repaid

Entrepreneur

Name

Caroline

Member since

April 2016

On-time repayments

158 installments  •  66%

About Me

My name is Caroline Wanjiku Njoroge. I am 29 years old and I come from Kerugoya in Kirinyaga County but I live in Ruiru Kiambu County. I am married and I have a daughter 5years old and a son 1 year old. I work as an editor in a publishing firm in Nairobi and I also buy vikoys from a company in Ruiru and send to my mother in Kerugoya to sell for me. I started with only 5 vikoys and was making a good profit and so I added to ten and the profit is amazing. In our place that is Kerugoya there is a lot of cold so they need those vikoys to protect themselves from the cold. I also have an mpesa business in Ruiru. My hobbies are cooking, swimming, investing and spending time with my family.

My Business

I sell vikoys in our home area. I get them from a company in Ruiru called spinners and spinners limited at a cheaper price which enables me to transport to Kerugoya. My mother is willing to help me sell them because our home area is very cold and so they are in demand there. The business is doing well and I also added blankets, baby shawls and maasai shukas. My mpesa shop is also doing very well. The profits I get from my businesses helps me in my family's upkeep because I have a daughter and a son. I also help my husband in repaying a loan that he took to pay for his school fees and also I still educate my younger brother. They have taken me to another level in life.

Loan Proposal

I will add the vikoys I have, then add blankets and baby shawls so that I can expand my business. This will help me because I am also planning to open a shop in Kerugoya for selling these products and it will be easier for me because I can stock the shop without paying so much for transport. By doing this the profit will be more and I can educate my little brother, pay my mothers loans and also help in my family's upkeep.
1 kikoy costs 2.76 US Dollars
1 blanket costs 5 US Dollars
1 baby shawl costs 3 US Dollars

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Aug 22, 2016

Repayment status

On Time

Projected term

5 months

Lenders

The Zinc Team

San Francisco, United States

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