Generator for my music system

Justus Shikuku

Ugunja, Kenya

Funds disbursed

$0 to go

100% funded of $387 goal

0

days left

Entrepreneur

Name

Justus Shikuku

Member since

May 2015

On-time repayments

25 installments  •  40%

About Me

my name is justus Shikuku,I a am married with four children. I grew up in a family of 6 children and I was the third born. I was raised in a polygamous family.I went to ambira high school and then joined multmedia college where i studied music production.I graduated with a diploma in 2006.
Upon completion of my studies,life become real unbearable,no jobs were forthcoming and I had to struggle to even put food on the table.I went without food for some days.I decided to go back to my parents but they were equally helpless and I was a burden to them. I decided to do manual works including tilling other peoples garden and made some savings. I bought a camera with the money ,then bought a piano the music system two years later.That is how my business started.
I have 4 children two boys and two girls. my first born girl want to be a teacher ,2nd born want to be a nurse and the last two are yet to decide.
I love listening to music,reading inspirational books and meeting new people.

My Business

I business is in the entertainment field and involves providing music system,piano and instruments for hire.my main clients are schools,politiciatians,churches and individuals. The demand for these services are high because not all people can buy instruments yet they use them occasionally, it is therefore rational to hire on need basis.
I choose these business because I considered it the most profitable idea. I also had passion and lots of interest in the entertainment industry.though I have not yet achieved what I wanted to achieve,I am very optimistic.
I spend $100 in a month for maintenance and generator fuel.In a good month I make $230 profit.
I use my income to educate my children,pay for my living expenses and take care of my parents

Loan Proposal

Hello lenders,
I hope you are fine,I am fine here and the business to is good. I wish to borrow a loan so that I can buy a fuel efficient generator that would be used in my system while serving rural areas with no electricity power connection . I currently hire a generator and that has been very expensive and inconvenient to me . The generator will cost $500 and will help me increase the number of customers and revenues.Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$385.14

Date disbursed

Aug 31, 2015

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $15.99

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Tilius

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E

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E

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G

golivera

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AlethiaLtd

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A

argentpepper

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W

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Godsglory1

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G

gt2016c

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H

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F

FaaThailand

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rcmssr

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G

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madrid, Spain

B

bilt6

Charlotte, United States

Zidisha

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michellev

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T

ToddK

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M

mogensh

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S

Steveandson

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BJ

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Jeff and Marcie

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M

mason243

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J

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D

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RuthL

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D

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A

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E

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S

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F

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D

Dave22202

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A

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jebediahFND

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HW

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JG

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