149 installments • 21%
My name is Njeri Wachira, born in Muranga County in Central highlands of Kenya. I am the first born in a family of 5. I am married to Mr. Wachira and we are blessed with one baby girl. I was born in an area where the main activity is coffee farming as well as food crop production.
I was taken to school where I did 8 years of primary school and then 4 years of secondary school. I later joined a nursing school where I did a course in nursing. I qualified as a registered nurse and I was posted in government in Mombasa where I worked for several years.
All this time I had a strong desire to join music industry and this led me to quit my job and join my husband who is music producer in his business. We are both musicians and we have one album to our name.
We also run a music store which serves as an outlet for our music and for other artists.
My business deals with music production - both audio and video. My typical day involves recording music in audio and video using studio machines into CDs, VCD, DVDs and other formats. This is a labor intensive job and I have a team of 4 (including my husband) who deal with various stages of production.
I have been in this business in many years and my company is now well known in the region and we are always assured of continuous flow of business throughout the year.
I only deal with Christian music due to my religious convictions.
Our income is about $1,800 per month but most of this goes into operations costs. I use the balance to run the family budget.
If I get this money, I will spend it to buy 1 Video hand held flash light @ $60 and 1 camera tripod stand $40.
This will go a long way in boosting my business productivity and convenience.
I ask you lenders to consider my loan application and I promise to repay it as per the schedule. Thank you.
Jan 28, 2015
Cost to entrepreneur
Lender interest: $100.16 at 4.98% annual rate over 1 month = $0.73
Service fee: $0.54