Buying of public address speakers
Jonah Serem
Eldoret, Kenya
$0 to go
100% funded of $204 goal
0
days left
Entrepreneur
Name
Jonah Serem
Member since
August 2016
On-time repayments
70 installments • 74%
About Me
Am Jonah Se-rem a father of one boy and a lover of music, i was born and raised in Eldoret to a family of peasant farmers, My childhood was full of mixed challenges with prayers and help from relatives i manged to complete my education, i studied at uasin gishu primary and high school, i schooled at Eldoret polytechnic with a diploma in music production.
After school i did not like staying home idle i tried to search for a job but i did not get a chance, i tarmacked for several months until one day i got a space in a friends music shop to work as a assistant in selling music Cd's.
I later managed to save money and started my own shop in a different position in town, I now sell music Cd's and i focus on gospel music because it has a better profit.
Most people in my community focus on farming due to plenty of land.
My hobbies are fishing and pets.
My Business
I buy and sell music disks, i buy from local artist and sell in my store and a times i sell walking on the streets in order to advertise and make more sales.
i buy a single disk at 50 KS and sell at 100 KS making a profit of 50 KS from every disk.
I sell an average of 15 disk a day and make a profit of 750 ks a day which i save for rent use for food and family upkeep.
Loan Proposal
I realised i can make money through hiring of public addfress speakers in evensts, and personal parties at homes, this will earn me some money which i will later invest the money on the business.
The system will cost me 200 us dollars, i will continue to service this lloan with income from selling music disk.
Thank you.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$202.96
Date disbursed
Nov 10, 2017
Repayment status
Late
Projected term
2 months
Cost to entrepreneur
Service fee: $7.87
Other loans
Lenders
Rotterdam, Netherlands
Saguenay, Québec, Canada
Frankfurt Germany, Denmark
CORVALLIS, United States
Australia
United States
United States
United States
Sweden
United States
Norway
Recife, Brazil
Germany
Canada
United States
Hong Kong
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Portugal
Basel, Switzerland
Jake Gibson and Beverly Picardo
San Francisco, United States
Germany
United States
Nashville, TN, United States
United Kingdom
Ask Jonah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.