Help me buy an amplifier for my business

Justus

Ugunja, Kenya

100% repaid

Entrepreneur

Name

Justus

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

I believe and hope you are doing well , I am well too here. I am writting appealing to you to please help me raise $200 to help me buy an amplifier at $250. my business is doing well and I will be able to add the $50 from my savings.These investment will help increase the quality of my system and in turn market my product .The more customers I get the more the profits. I am looking forward too more business after these purchase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$189.00

Date disbursed

Jul 6, 2015

Repayment status

On Time

Projected term

5 weeks

Lenders

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

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