My dj decks

Samuel Mugo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel Mugo

Member since

May 2015

On-time repayments

117 installments  •  13%

About Me

My name is Samuel Kinyua ,I was born in a village called mugijo in chogoria,mara county in Meru.I joined nursery school in 1989 and completed my primary Education in 1999 then i joined secondary school in 2000.I completed my o`level in 2003.I joined a computer training college thereafter i went for a Dj school,after which i stayed for one year at home not having any other thing to do because of financial problem,because my parent were not able to cater for my further education.Then their after i found a company at Thika that was willing to offer me a job of which i worked for 3years.In 2008 there was a retrenchment of which i lost the job from that company,then i went back at home and i had a lot of hardship because i had no money to cling on.I started working for people here and there,through that i saved some money of which i used to buy my Dj Machine which i started using for training some young men boys and girls at a reasonable fee.The money i was getting was not enough for my upkeep because i had a lot of responsibilities.

My Business

My business is DJ school,since i was young i had a passion of having my own dj school of which i knew it has a lot of income generation.Due to financial problem i was unable to get all the facilities that are required in a DJ school.The time i had from my friend about Zidisha organization he give me hope of improving my school so that i can be able to attract more students to register for the training of DJ.The DJ school was giving me about 20,000 of which i used to pay my rent of 10,000 every month,transport from my home place to my business place per month i was spending 2,000.Stationary costs me 1,200,watchman salary was 3,500 of which he is complaining a lot for the poor payment.The balance i remain with i use it to buy food in the house of which is not enough to maintain my family.After hearing story about Zidisha i know iam going going to improve my business so that i can be able to get something to sustain my family and improve my business.

Loan Proposal

When i receive the loan i will immediately by some screws and oil needed for my DJ machine repair,this will enable my academy run without any failure us it is now.There is a lot of competition due to high demand of young youths who are much interested in training to be a DJ professional but the challenge is lack of enough capital to run and repair the machine.But with you Zidishsa team all will be well.may God bless Zidisha entire team very much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.95

Date disbursed

May 25, 2018

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $0.42

Credit risk payment: $0.84

Lenders

Jennifer Weber

Canandaigua, Ny, United States

HH

Helen Horseman

United Kingdom

Claire Lewis

Wales Uk, United Kingdom

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