Public address equipment rental service

Joseph

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $99 goal

0

days left

Entrepreneur

Name

Joseph

Member since

January 2015

On-time repayments

47 installments  •  51%

About Me

I am a Kenyan citizen aged 35 years and a father of 2 children. I hold Bachelors of Education (Science) and community studies from Egerton University. I have worked extensively with several communities on different in regards community health outreaches on AIDs , maternal health, peer education etc. Am well versed with community needs. I was brought up in a polygamous family, am the only one with college education in my famil. In the university I hired a pool table to earn some living. This idea came about when I was working within the community. I realized that in several occassion, most people do not easily accessi public address system for functions such as funerals, weddings, public meeting etc. I bought an amplifier, 2 speakers, and one microphone, at different times to set up Cjo Brown sound. One of my daughters want to be an actor, the other one want to be a doctor. I like reading and watching scientific or ancient documentaries.

My Business

I hire out public address address equipment to members of my community at a affordable rate to facility communication during public gatherings. I realised the demand of public address systems in gatherings such as funeral, weddings, public meeting are on high demand and very few small time suppliers.that is why I developed interest to capitalize on this business opportunity.
This helps me to supplement my earnings and paying for school fees for my children, rent and licenses . Cost of transporting the equipment is catered for by the client, I do the marketing myself, look for clients in advance, but some of them are walk in or referrals. I can get on average 6 clients per month at a cost of Ksh 4000 (USD 47) per day hired, this results to approximately Ksh 24000 (USD 282) per month

Loan Proposal

I already have a public address system consisting of 2 speakers, amplifiers, a laptop. I used to have a cable microphone which makes it impossible for the person using to flexibly move around. I would like to spend the loan to buy a cordless microphone for public and political campaigns on a truck that i have acquired from my brother in law.
It will be a mobile campaign unit with music, message from the aspirant and a few dancers. Per day i will be making about KES 1500 ( USD 15). The expenses will cost about USD 10. I will make a profit of USD 5 per. Therefore, i will be able to pay my loan without any difficulties. Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Mar 13, 2017

Repayment status

Late

Projected term

4 months

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  • Joseph    Mar 8, 2017

    Thank you so much my lenders for your generous contributions. We are on a political campaign period and with my public address system, I will purchase a cordless microphone for campaign candidates to use on a mobile PAS. This will increase my profits drastically and improve my business. I will post a photo of the microphone once I purchase it. Thanks and be blessed

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  • Joseph    Sep 11, 2015

    Hi Zidisha team,

    I would like to re-apply for another loan since i have completed repayment of the 1st one. The instruction are, i will be deducted 7000 out of the 10,000 i will be given. How will that loan help me, this does not make sense at all

    Thanks

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  • Joseph    Aug 12, 2015

    To split the final amount into 2 payment schedules

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  • Joseph    Jul 28, 2015

    Since the business is really doing positively, am planning to clear my due balance then apply for another loan for business expansion

    Thank you Zidisha

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  • Joseph    Jul 13, 2015

    To clear the amount due

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  • Joseph    Feb 15, 2015

    Hi Zidisha Team,

    Thanks to you I was able to purchase the equipment and actually right they at a clients wedding function. I will keep updating you on my progress

    Regards

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  • Joseph    Feb 11, 2015

    Hi Zidisha team,

    I received the funds and today am heading straight to purchase the equipment, i will keep you posted on my progress

    Thanks

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  • Joseph    Feb 7, 2015

    Dear Zidisha team,

    Thanks for swift acceptance and funding of my loan application. This will for sure will see my business grow, thanks to the lenders for believing in me

    Best regards

    Joseph

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