Market my music products

Festus Musila

Mombasa Island, Kenya

63% repaid

Entrepreneur

Name

Festus Musila

Member since

February 2015

On-time repayments

72 installments  •  67%

About Me

My name is Festus – born in Machakos town near the capital city of Kenya – Nairobi. Machakos is a small town where the people engage in crop farming as well as livestock keeping. I grew up in this society and learnt farming skills at an early age while still attending school.
I went to primary then secondary school in my home area and then went to Nairobi for my college education. I did a certificate in audio and video production where I graduated after two years. I got short contracts jobs with leading media houses where we would go for road shows across the country. I was working as sound technician during these tours.

I later quit and joined a friend in Mombasa because I wanted to start a new career. While in Mombasa I reignited my love for music and through help of friends I produced my first audio album in 2007. I managed to market and make quick sale of my music and this enabled me to open a small music store in town which serve as an outlet for my music as well as for other artists. I am still doing this to date and it has been a success.

My Business

My business entails stocking music in form of CDs and Dvds for reselling. I sell my own music as well as for other artist. I do gospel music because I am a staunch Christian who is very committed to his beliefs. My dream is to open other branches in and outside Mombasa town so as to serve more people while spreading the word of God through music.

I have employed one assistant who helps in the day to day running of the music shop. I make about $220 per month after all expenses are paid. I use this money to pay my bills and also to support my parents back at home.

Loan Proposal

As mentioned in my previous post, I have been traveling quite a lot of late to perform and sell music. I was in a neighboring country - Tanzania recently and I made important contacts while there. I also got a number of invitations and I hope to go back there soon.

I want to spend money from this loan to facilitate my traveling (by bus) and also increase my inventory of music CDs/DVDs to sell to my new found clients. This is likely to be a game changer in my music business and I am counting on you my worthy lenders for its success.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$181.13

Date disbursed

Sep 10, 2015

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Service fee: $7.52

Lenders

Pranjal

Noida, Kenya

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

S

slevon

Hemsbach, Germany

Sideburnjack

Conroe, TX, United States

H

Heja

Hamburg, Germany

A

arenk

Karlsruhe, Germany

carlos vendrell

Barcelona, Spain, Philippines

tycho

Madison, WI, United States

DuAel

Orvault, France

cyrus0302

San Francisco, United States

Charmonica

London, United Kingdom

J

JBosshardt

Redmond, United States

M

m_dennis

Toronto, Canada

Raoul72

Naarden, Netherlands

T

treyh

San Diego, CA, United States

rickytherhino

Decatur, United States

S

SMRosen

Hershey, United States

G

greenthomas

Tübingen, Germany

AWeber

Washington, DC, United States

Zidisha

Sterling, United States

E

evanglend

Arlington, United States

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

J

Joyful

Philadelphia, United States

J

JaMinLu

Concord, United States

jpterry

Port Richey, United States

H

Halli

Bottrop, Germany

J

jdhowa2

Louisville, KY, United States

R

RosemariHerrero

Stockholm, Sweden

G D Export

Kolkata, India

EmilAsker

Lomma, Sweden

B

Bavarian

Bavaria, Germany

J

Jazzie

Oklahoma City, United States

B

bhalter

Eau Claire, United States

S

Snake707

Somewhere, Germany

ProfStick

Grassy Head, Australia

J

Jaslogic

Castle Rock, United States

R

RamonF

Zurich, Switzerland

D

Divergent

Bethesda, United States

T

toscoman

Adliswil, Switzerland

P

planespotter

Berlin, Germany

IA

Ismini and Jerry

Stamford, USA, United States

DennyC

Rostock, Germany

lorello

Vicopisano, Italy

B

Bully

Konstanz, Germany

B

BClay

Campbell, United States

ads68

Melbourne, Australia

F

flaguy999

Tampa, United States

W

wiwillia

Milbrae, United States

B

bugdaniel

Switzerland

Grant Xavier Storer

Seattle, Wa, United States

Cassian Opara

London / Dubai, United Arab Emirates

MW

Matt Willis

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Festus a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Festus Musila    Sep 9, 2015

    Thank you lenders for trusting me with your money for the third time. I will use this money to market my gospel music in the region. This will enable me reach more people, spread the gospel and increase my income.

    Log in to reply • Share
  • Festus Musila    Sep 9, 2015

    Thank you lenders for trusting me with your money for the third time. I will use this money to market my gospel music in the region. This will enable me reach more people, spread the gospel and increase my income.

    Log in to reply • Share
  • Festus Musila    Aug 27, 2015

    Dear lenders, Just to let you know that the loan that I have just cleared was very beneficial to me. I was able to stock and market my music including venturing into a neighboring county with a lot of success. The flip-side of this is that when I went to Tanzania, I stayed longer that I had planned and there is no way I could make the payments from there. I missed a number of payments when I was away and that explains why my repayment record is not 100%; but all is well that ends well and here I am and I have cleared the loan!

    Log in to reply • Share
  • Festus Musila    Aug 27, 2015

    Dear lenders, Just to let you know that the loan that I have just cleared was very beneficial to me. I was able to stock and market my music including venturing into a neighboring county with a lot of success. The flip-side of this is that when I went to Tanzania, I stayed longer that I had planned and there is no way I could make the payments from there. I missed a number of payments when I was away and that explains why my repayment record is not 100%; but all is well that ends well and here I am and I have cleared the loan!

    Log in to reply • Share
  • Samuel Shehi    Jul 2, 2015

    I phoned Festus today at 12.06pm . He explained that he had travelled outside Kenya but has promised to pay in all the arrears this coming Sunday.

    Thanks.

    Log in to reply • Share
  • Festus Musila    May 15, 2015

    This is to confirm that I received KES 18,113 ($201) on Wednesday. This money will help me a great deal in marketing my music. Thank you so much.

    Log in to reply • Share
  • Festus Musila    May 12, 2015

    Thank you lenders for trusting me with your money it means a lot to my business expansion plan. I will pay you as per the schedule.

    Log in to reply • Share
  • Festus Musila    Apr 30, 2015

    Dear lenders, I have now cleared my first loan at Zidisha and I am now applying for a second one. The cash boost from the loan eased my operation since I was able to do many things that I could not previously do. I take this opportunity to thank you all for your support.

    Log in to reply • Share
  • Festus Musila    Apr 7, 2015

    @ l take this opportunity to give God Glory and honor for what has done through the zidisha group
    @ l have received the money from the group and l have added my music shop stock that am selling gospel only in my shops in mombasa moi avenue califonia building near Baraka fm media
    may God bless you and give a great grace to live supporting us

    Log in to reply • Share


Loading...

Loading...

Loading...