Entrepreneur
Name
Peris
Member since
June 2014
On-time repayments
290 installments • 90%
About Me
My name is Peris Wanjiku Mburu, a last born in a family of 5. I am married to Zack Mengo 2 years ago. I was born in Central region of Kenya where I went to school for my primary and secondary education. I later enrolled for a computer course where I learned standard computer packages.
I was later employed in a music shop in Mombasa town where I was an attendant selling music in form of audio cassettes, cds and dvds. Through savings and hard work, I managed to open my own music shop last year. The business is quite profitable since I use the experience that I gained from my previous job to run it. I am also well connected in the field of music and this makes it rather easy for me to run the business.
My Business
About a year ago, and with credit from Zidisha, I changed my business from music production to farming. This change was informed by the stiff competition in the music industry which made it difficult to make a reasonable income.
This drastic change has paid off and I am now a supplier of pig products in my town. I am currently keeping 48 pigs which I sell to meat processors after every six months. My average net income per month is USD 400 and the business is growing fast and I hope to increase this income in the coming months.
Loan Proposal
Most people in our country use music in CDs. and DVDs format. There is a huge demand for these media since all musicians distribute their music this way. I am a well known in the field of music and many artists come to me for duplication of the CDs/DVDs. I do this at a small fee of about 10 cents per copy of a CD and 20 cents for a DVD.
I use a duplicator to this but due to wear and tear, the one I am using needs to be replaced. It is only producing 2 copies per run and this slows me down a lot. The purpose of this loan is to buy a 12x duplicator which will produce 12 pieces per run and thus increase efficiency. A new copier will cost USD 650 and therefore this loan is just enough for this purpose.
The acquisition of this machine will make my work easier and increase my income tremendously.
Note: I always observe copyright rules when doing any job. Thank you.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$653.00
Date disbursed
Aug 3, 2015
Repayment status
Late
Projected term
15 months
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Ask Peris a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Mary Oct 14, 2019
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