Modern music system for my business

Leakey Owuor

Kahawa Wendani, Kenya

52% repaid

Entrepreneur

Name

Leakey Owuor

Member since

July 2014

On-time repayments

106 installments  •  7%

About Me

I grew up in Kahawa wendani went to Kahawa Barracks Primary later on joined Kanga high school,finished my A levels in 2011 and Joined Mt Kenya University for a Degree course in mass communication in 2012,now am in my second year.I started my business immediately after high school using my reward money from our school all students who acquired B+ and above were being rewarded Ksh20,000 and I was among the lot with a B+ so I decided to start the business in my home area,with the money from my business I pay small bills like airtime,transport and clothing I don't pay rent cause I still stay with my mother the rest of the money I save.I like playing pool,going to the gym and reading.

My Business

My business is a Pool Table that I operate within my home area Kahawa Wendani,it is a nice hang out joint for most people since playing pool is a hobby to most of us young people and even old people,there is great demand for pool cause its relaxing and also most people find it to be a good place to make up with friends after work.my great challenge is where people leave my place and go to other joints cause I lack small facilities like music system and television and that's why I decided to join zidisha so I may be funded to add to my savings and buy the various things I need to make my business more profitable

Loan Proposal

I appeal to all lenders to support me to buy the modern music system I need to make my business income go up by atleast 65% I have done my research and I discovered that most of my competition they have music though their music is not good that's why am sure if I secure the music system I will attract more customers and also maintain the good clients I have.That being done am sure my income will increase and so paying my loan wont be stressful for me.I have saved a good amount of money that I intend to add to the funds from Zidisha and buy the music system that sells for Ksh 30,000.I intend to grow my business to very high levels with the funds from Zidisha and so i remain hopeful that lenders will support me now and the days to come thank you all.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.52

Date disbursed

Aug 25, 2014

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $150.52 at 9.79% annual rate over 24 months = $30.04

Service fee: $10.96

Lenders

J

jeffb

United States

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

Matching Fund

Sterling, United States

MICROMZ

Matola, Mozambique

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

LutianaPablo

Rome, Italy

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

Loading...

Loading...

Loading...