Buy speaker cabinet for music installation bussiness
John
Nairobi, Kenya
4% repaid
Entrepreneur
Name
John
Member since
May 2015
On-time repayments
221 installments • 10%
About Me
Am john maina from kiambu county in the central province of kenya ,growing up in central province mad me learn to do business at a tender age, My dad was a mechanic and a farmer my mum is a nurse and i am working as a customer service attendant at a car sale show in limuru town.
i love driving and my passion is in music system installation,i learned this skill from my dad whom used to repair cars so while i was young i used to accompany him to the garage and this where i got the skills to set a music system in cars is pretty simple and everyone can do this but it take as profession or a experienced person to do it perfectly and bring the sound out of the speakers correctly and balanced,understanding simple amplifies connection and fixing speakers is what i do perfectly.
grew up with business oriented people so i adapted this from childhood.
After college i became stranded for years and hustle became my way of life i began doing touting at limuru stage and after savings and i managed to take as course in customer service.
A friend got me a job at a car sell yard and this is where i work and get paid monthly 110USD.
i have this young brother of mine and would like to help him achieve is dreams of becoming a air hostess in future.
My Business
my business is done under the same place where am employed and what i do is to fix music system to cars
When a customer wants to sell his or her car he does some repairs and most people are attracted to cars with music so my boss gave me a chance to be doing that to clients whom are interested.
Alongside my salary of 110usd i get two to five cars in a day and charge a fee of 9 USD to install a good music system this sums to a average of 200 usd a month.
I use the money to pay for my brothers school fee and sort my basic needs like paying food,housing and clothing.
i have no typical cost because once a customer buys the system all i do is charge a service fee.
their is demand in this business especial to youths whom buy olskol cars and wants the music system loud.
Loan Proposal
Thank you
When i receive my loan i will use it to buy a set of cabinets for speakers and cables at 15 us dollars each. A set is 12 items this will cost me 190 us dollars.
I have a demand of cabinet as many public buses are instaling big speakers so as to attract young custormers. The demand has risen so i thot instead of me buying one cabinet it will be cheaper to buy a set and after selling i will make my profits and also charge labour fee.
This profit increase will improve my life and and expand my bussiness and repaying the loan.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
Dec 8, 2015
Repayment status
Late
Projected term
47 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
United States
Summary
Amount repaid
$7.00
Amount remaining
$192.72
Expected completion
Oct 27, 2019
Status
Repaying late
Installment amount
$1.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 20, 2015 | $5.00 | Dec 13, 2015 | $3.00 |
| Dec 23, 2015 | $2.00 | ||
| Dec 27, 2015 | $0.00 | ||
| Jan 3, 2016 | $2.00 | Jan 3, 2016 | $2.00 |
| Jan 10, 2016 | $0.00 | ||
| Jan 17, 2016 | $0.00 | ||
| Jan 24, 2016 | $0.00 | ||
| Jan 31, 2016 | $0.00 | ||
| Feb 7, 2016 | $0.00 | ||
| Feb 14, 2016 | $0.00 | ||
| Feb 21, 2016 | $1.00 | ||
| Feb 28, 2016 | $1.00 | ||
| Mar 6, 2016 | $1.00 | ||
| Mar 13, 2016 | $1.00 | ||
| Mar 20, 2016 | $1.00 | ||
| Mar 27, 2016 | $1.00 | ||
| Apr 3, 2016 | $1.00 | ||
| Apr 10, 2016 | $1.00 | ||
| Apr 17, 2016 | $1.00 | ||
| Apr 24, 2016 | $1.00 | ||
| May 1, 2016 | $1.00 | ||
| May 8, 2016 | $1.00 | ||
| May 15, 2016 | $1.00 | ||
| May 22, 2016 | $1.00 | ||
| May 29, 2016 | $1.00 | ||
| Jun 5, 2016 | $1.00 | ||
| Jun 12, 2016 | $1.00 | ||
| Jun 19, 2016 | $1.00 | ||
| Jun 26, 2016 | $1.00 | ||
| Jul 3, 2016 | $1.00 | ||
| Jul 10, 2016 | $1.00 | ||
| Jul 17, 2016 | $1.00 | ||
| Jul 24, 2016 | $1.00 | ||
| Jul 31, 2016 | $1.00 | ||
| Aug 7, 2016 | $1.00 | ||
| Aug 14, 2016 | $1.00 | ||
| Aug 21, 2016 | $1.00 | ||
| Aug 28, 2016 | $1.00 | ||
| Sep 4, 2016 | $1.00 | ||
| Sep 11, 2016 | $1.00 | ||
| Sep 18, 2016 | $1.00 | ||
| Sep 25, 2016 | $1.00 | ||
| Oct 2, 2016 | $1.00 | ||
| Oct 9, 2016 | $1.00 | ||
| Oct 16, 2016 | $1.00 | ||
| Oct 23, 2016 | $1.00 | ||
| Oct 30, 2016 | $1.00 | ||
| Nov 6, 2016 | $1.00 | ||
| Nov 13, 2016 | $1.00 | ||
| Nov 20, 2016 | $1.00 | ||
| Nov 27, 2016 | $1.00 | ||
| Dec 4, 2016 | $1.00 | ||
| Dec 11, 2016 | $1.00 | ||
| Dec 18, 2016 | $1.00 | ||
| Dec 25, 2016 | $1.00 | ||
| Jan 1, 2017 | $1.00 | ||
| Jan 8, 2017 | $1.00 | ||
| Jan 15, 2017 | $1.00 | ||
| Jan 22, 2017 | $1.00 | ||
| Jan 29, 2017 | $1.00 | ||
| Feb 5, 2017 | $1.00 | ||
| Feb 12, 2017 | $1.00 | ||
| Feb 19, 2017 | $1.00 | ||
| Feb 26, 2017 | $1.00 | ||
| Mar 5, 2017 | $1.00 | ||
| Mar 12, 2017 | $1.00 | ||
| Mar 19, 2017 | $1.00 | ||
| Mar 26, 2017 | $1.00 | ||
| Apr 2, 2017 | $1.00 | ||
| Apr 9, 2017 | $1.00 | ||
| Apr 16, 2017 | $1.00 | ||
| Apr 23, 2017 | $1.00 | ||
| Apr 30, 2017 | $1.00 | ||
| May 7, 2017 | $1.00 | ||
| May 14, 2017 | $1.00 | ||
| May 21, 2017 | $1.00 | ||
| May 28, 2017 | $1.00 | ||
| Jun 4, 2017 | $1.00 | ||
| Jun 11, 2017 | $1.00 | ||
| Jun 18, 2017 | $1.00 | ||
| Jun 25, 2017 | $1.00 | ||
| Jul 2, 2017 | $1.00 | ||
| Jul 9, 2017 | $1.00 | ||
| Jul 16, 2017 | $1.00 | ||
| Jul 23, 2017 | $1.00 | ||
| Jul 30, 2017 | $1.00 | ||
| Aug 6, 2017 | $1.00 | ||
| Aug 13, 2017 | $1.00 | ||
| Aug 20, 2017 | $1.00 | ||
| Aug 27, 2017 | $1.00 | ||
| Sep 3, 2017 | $1.00 | ||
| Sep 10, 2017 | $1.00 | ||
| Sep 17, 2017 | $1.00 | ||
| Sep 24, 2017 | $1.00 | ||
| Oct 1, 2017 | $1.00 | ||
| Oct 8, 2017 | $1.00 | ||
| Oct 15, 2017 | $1.00 | ||
| Oct 22, 2017 | $1.00 | ||
| Oct 29, 2017 | $1.00 | ||
| Nov 5, 2017 | $1.00 | ||
| Nov 12, 2017 | $1.00 | ||
| Nov 19, 2017 | $1.00 | ||
| Nov 26, 2017 | $1.00 | ||
| Dec 3, 2017 | $1.00 | ||
| Dec 10, 2017 | $1.00 | ||
| Dec 17, 2017 | $1.00 | ||
| Dec 24, 2017 | $1.00 | ||
| Dec 31, 2017 | $1.00 | ||
| Jan 7, 2018 | $1.00 | ||
| Jan 14, 2018 | $1.00 | ||
| Jan 21, 2018 | $1.00 | ||
| Jan 28, 2018 | $1.00 | ||
| Feb 4, 2018 | $1.00 | ||
| Feb 11, 2018 | $1.00 | ||
| Feb 18, 2018 | $1.00 | ||
| Feb 25, 2018 | $1.00 | ||
| Mar 4, 2018 | $1.00 | ||
| Mar 11, 2018 | $1.00 | ||
| Mar 18, 2018 | $1.00 | ||
| Mar 25, 2018 | $1.00 | ||
| Apr 1, 2018 | $1.00 | ||
| Apr 8, 2018 | $1.00 | ||
| Apr 15, 2018 | $1.00 | ||
| Apr 22, 2018 | $1.00 | ||
| Apr 29, 2018 | $1.00 | ||
| May 6, 2018 | $1.00 | ||
| May 13, 2018 | $1.00 | ||
| May 20, 2018 | $1.00 | ||
| May 27, 2018 | $1.00 | ||
| Jun 3, 2018 | $1.00 | ||
| Jun 10, 2018 | $1.00 | ||
| Jun 17, 2018 | $1.00 | ||
| Jun 24, 2018 | $1.00 | ||
| Jul 1, 2018 | $1.00 | ||
| Jul 8, 2018 | $1.00 | ||
| Jul 15, 2018 | $1.00 | ||
| Jul 22, 2018 | $1.00 | ||
| Jul 29, 2018 | $1.00 | ||
| Aug 5, 2018 | $1.00 | ||
| Aug 12, 2018 | $1.00 | ||
| Aug 19, 2018 | $1.00 | ||
| Aug 26, 2018 | $1.00 | ||
| Sep 2, 2018 | $1.00 | ||
| Sep 9, 2018 | $1.00 | ||
| Sep 16, 2018 | $1.00 | ||
| Sep 23, 2018 | $1.00 | ||
| Sep 30, 2018 | $1.00 | ||
| Oct 7, 2018 | $1.00 | ||
| Oct 14, 2018 | $1.00 | ||
| Oct 21, 2018 | $1.00 | ||
| Oct 28, 2018 | $1.00 | ||
| Nov 4, 2018 | $1.00 | ||
| Nov 11, 2018 | $1.00 | ||
| Nov 18, 2018 | $1.00 | ||
| Nov 25, 2018 | $1.00 | ||
| Dec 2, 2018 | $1.00 | ||
| Dec 9, 2018 | $1.00 | ||
| Dec 16, 2018 | $1.00 | ||
| Dec 23, 2018 | $1.00 | ||
| Dec 30, 2018 | $1.00 | ||
| Jan 6, 2019 | $1.00 | ||
| Jan 13, 2019 | $1.00 | ||
| Jan 20, 2019 | $1.00 | ||
| Jan 27, 2019 | $1.00 | ||
| Feb 3, 2019 | $1.00 | ||
| Feb 10, 2019 | $1.00 | ||
| Feb 17, 2019 | $1.00 | ||
| Feb 24, 2019 | $1.00 | ||
| Mar 3, 2019 | $1.00 | ||
| Mar 10, 2019 | $1.00 | ||
| Mar 17, 2019 | $1.00 | ||
| Mar 24, 2019 | $1.00 | ||
| Mar 31, 2019 | $1.00 | ||
| Apr 7, 2019 | $1.00 | ||
| Apr 14, 2019 | $1.00 | ||
| Apr 21, 2019 | $1.00 | ||
| Apr 28, 2019 | $1.00 | ||
| May 5, 2019 | $1.00 | ||
| May 12, 2019 | $1.00 | ||
| May 19, 2019 | $1.00 | ||
| May 26, 2019 | $1.00 | ||
| Jun 2, 2019 | $1.00 | ||
| Jun 9, 2019 | $1.00 | ||
| Jun 16, 2019 | $1.00 | ||
| Jun 23, 2019 | $1.00 | ||
| Jun 30, 2019 | $1.00 | ||
| Jul 7, 2019 | $1.00 | ||
| Jul 14, 2019 | $1.00 | ||
| Jul 21, 2019 | $1.00 | ||
| Jul 28, 2019 | $1.00 | ||
| Aug 4, 2019 | $1.00 | ||
| Aug 11, 2019 | $1.00 | ||
| Aug 18, 2019 | $1.00 | ||
| Aug 25, 2019 | $1.00 | ||
| Sep 1, 2019 | $1.00 | ||
| Sep 8, 2019 | $1.00 | ||
| Sep 15, 2019 | $1.00 | ||
| Sep 22, 2019 | $1.00 | ||
| Sep 29, 2019 | $1.00 | ||
| Oct 6, 2019 | $1.00 | ||
| Oct 13, 2019 | $1.00 | ||
| Oct 20, 2019 | $1.00 | ||
| Oct 27, 2019 | $0.72 | ||
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