387 installments • 67%
My name is Timothy Kimani, a Kenyan born in Muranga county of central Kenya. I was born in a family of 8 where I am the 6th born. My parents are peasant farmers who struggled to raise us up and put us through school. I later moved to Mombasa to look for a job.
I married ten years ago but unfortunately my wife passed on during the delivery of our second born. Luckily the baby survived and he is now turning 5 years in December this year. I take care of the two kids on my own and sometimes get help from my sisters when they get time to do so.
I work very hard in my business while at the same time looking after the little ones.
I am a music producer and my niche is local gospel artistes. My mainstay job is to sell and market the music of these artistes. I also do consultancy jobs in the same field due to my long experience and knowledge in this area. I also do artwork for the CD covers and promotional posters and banners.
I normally link up with music recorders who refer the musicians to my shop where I do mass duplications of their CDs. VCDs and DVDs. I am currently serving about 40 artistes. This is an all season business and there is a constant flow of income daily. I make an average income of about $250 after paying all the business related bills.
My main challenge in this business is lack of credit since the local institutions only deals with big business as they consider small outfits such as mine a risk.
If I am given this loan, I will spend it on buying a new computer to use in my design work. I am using a 7 year computer (my technician calls it a dinosaur!). Though the machine has served me well over the years, I need to replace it so that I can start using the current software so as to keep up with the competition.
This computer will cost $350 (I am not buying the screen, since the one for the old machine will suffice). By acquiring this machine, I will complete the overhaul of my old machines which I had started with the CD/DVD copier. This means better productivity and hence more profitability.
Dear lenders, I ask you to be part of my success story by lending me once more.
Apr 27, 2021: Work or my hands
Dec 28, 2014