Purchase a drumset for my music band

Wallace Njuguna

Limuru, Kenya

2% repaid

Entrepreneur

Name

Wallace Njuguna

Member since

April 2015

On-time repayments

21 installments  •  0%

About Me

I have studied through hardships untill I completed my secondary school and later struggled till I managed to enroll to college to study business studies.I overcame hardships through little savings from the pocket money I received from parents.After College I was able to open a small retail shop from my savings and now I'm happy I'm earning from it.The unique feature about where I live is that people are not willing to engage in business but I have shown them the benefits of doing business. My yoyng kid also wants to be an entrepreneur.

My Business

I engage in entertainment business by running a musical band that involves performances at local restaurants and entertainment joints and also offer some financial advice to the locals. These entertainment services that I deal with are essential and in demand because people here have embraced entertainment as a way of spending leisure. My costs are generally high because I have to transport these music instruments from the town to reach my customers but I also enjoy the revenue I raise.I use the profits to pay for school fees as well as reinvesting in my services.

Loan Proposal

I am planning to invest in new music instruments to keep up with the changes in technology as well as to beat competitots in the industry.The current drumset is passed by time and a new one would do better at a cos of approximately $200.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.17

Date disbursed

Jan 10, 2016

Repayment status

Late

Projected term

4 months

Cost to entrepreneur

Service fee: $6.24

Wallace opted to pay $83.04 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

F

Frank

Berlin, Germany

investor

Candiac, Canada

AdamP

Sunnyvale, United States

Umair Mahmood

Raleigh, United States

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

F

Fiodal

Helsinki, Finland

E

evanglend

Arlington, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

B

bentst

Kongsberg, Norway

HansLindgren

Uppsala, Sweden

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

B

Bavarian

Bavaria, Germany

F

fisaire

Ithaca, United States

T

tonilends

catalonia is not:, Spain

S

SeanWolfPack

Raleigh, United States

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

kickerofelves

Sao Paulo, Brazil

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

P

penguin3694

Chicago, United States

R

rpmccarthy

Sydney, Australia

B

BClay

Campbell, United States

ads68

Melbourne, Australia

Lamberto

gorgonzola, Italy

D

DThirteen

Miami, United States

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

A

Adam3333

Hague, Netherlands

fairspirit

Utrecht, Netherlands

M

Morgue

Brighton, United Kingdom

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

isabelv

Barcelona, Spain, Sweden

Lambie

Perth, Australia

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

M

MarkKrakow

Joliet, United States

G

GanSatya

United States

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

M

microlender

United States

D

drorm

United States

L

lenders

United States

S

spivurno

United States

M

maverick

United States

joshuacollinson

Vienna, Austria

A

ajayhk

San Jose, United States

J

jbhernan

United States

johnhudson

Washington, DC, United States

A

Arkad

United States

TyWee

Manila, Philippines

A

AlphaAres

Azerbaijan

SV

sven vdk

Twickenham, United Kingdom

J

JeremyR

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

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