Name
Erick
Member since
July 2018
On-time repayments
3 installments • 33%
My name is Erick Abiero. Three years ago I won a contract to run a music program in a private school. However, I had no music skills apart from a good singing voice so I hired my church band mates to teach. But after two semesters and no visible results,I googled how to play piano and boom, I learnt my first tune,"Mary Had a Little Lamb" and Twinkle! I went to school and taught an 8 year old Leon and he played in 10 minutes. I fired the piano teacher and took over. That's how Vipi Music Academy started. Now complete with a Dance and a DJ academies.
Vipi Music Academy trains,performs and promote music in all its forms. We partner with schools to teach piano,voice,violin guitar,drums,saxophone,clarinet,flute and cello. We currently have 60 students spread across the 2 schools we've partnered with so far. We have 3 permanent employees and 7 others on contract. Our overheads is ksh 65000 and our income is ksh 120,000 per month.
business travel
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Jul 19, 2018
Repayment status
On Time
Projected term
1 week
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