Shift to a bigger space

Peris

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Peris

Member since

June 2014

On-time repayments

290 installments  •  90%

About Me

My name is Peris Wanjiku Mburu, a last born in a family of 5. I am married to Zack Mengo 2 years ago. I was born in Central region of Kenya where I went to school for my primary and secondary education. I later enrolled for a computer course where I learned standard computer packages.
I was later employed in a music shop in Mombasa town where I was an attendant selling music in form of audio cassettes, cds and dvds. Through savings and hard work, I managed to open my own music shop last year. The business is quite profitable since I use the experience that I gained from my previous job to run it. I am also well connected in the field of music and this makes it rather easy for me to run the business.

My Business

About a year ago, and with credit from Zidisha, I changed my business from music production to farming. This change was informed by the stiff competition in the music industry which made it difficult to make a reasonable income.

This drastic change has paid off and I am now a supplier of pig products in my town. I am currently keeping 48 pigs which I sell to meat processors after every six months. My average net income per month is USD 400 and the business is growing fast and I hope to increase this income in the coming months.

Loan Proposal

As previously mentioned, my ultimate goal is to open a recording studio. It has my dream for a long time and I now want to take the first steps towards this goal. This is a venture that will require a lot of money and I have decided to do it in phases. The first step will be to shift my current business to a bigger space and later turn part of the space into a recording studio.

With this loan, I will be able to pay rent and lease documents for the new space and this will cost about USD 500. I will use a futher USD 300 for partitioning and branding the new place. I will finally use balance to boost my stock of music products.

I have planned for the studio to be fully functional in 8 months time.

Feedback

14

None

1



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,010.00

Date disbursed

Nov 18, 2015

Repayment status

On Time

Projected term

21 months

Lenders

Kitty

Hailsham, United Kingdom

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Paul Buchheit

Mountain View, United States

trincowski

Vilar, Vila do Conde, Portugal

mepster

San Francisco, Ca, United States

Jon

Sweden

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

Please log in to comment.

  • Day Family    Feb 23, 2019

    Thank you for continued repayment. Please keep it up so we can relend to other borrowers in need.

    Log in to reply • Share
  • Peris    Jul 16, 2017

    Hello all, I am in the process of doing the expansion and as such, I have heavy expenditure to incur. As such, I kindly request you to allow me pay 1000/- for now until I complete the works. Thank you.

    Log in to reply • Share
  • Peris    Jul 16, 2017

    Thank you for the loan. I am currently doing the expansion and very excited and optimistic about they whole project.

    Log in to reply • Share
  • Kitty    Jun 15, 2017

    Glad you are continuing to grow and good luck with your plans

    Log in to reply • Share
  • Peris    Jun 12, 2017

    Thank you so much my dear lenders for this loan. I will now be able to expand my pig farm by buying more pigs. May God bless you abundantly.

    Log in to reply • Share
  • Peris    Jun 2, 2017

    The loan was of much help to me because it enabled me to transition from music production to farming. The successful change could not have been possible without this credit. Thank you very much.

    Log in to reply • Share
  • Peris    Nov 11, 2016

    Thank you lenders for the loan service. I have started my farming activity but the cost is a bit higher at this initial state. I therefore request to be allowed to halve my weekly installment for next few months. Thanks.

    Log in to reply • Share
  • Kitty    Aug 30, 2016

    Congratulations and good luck with your pig farm

    Log in to reply • Share
  • Peris    Aug 30, 2016

    Oh, thank you so much Zidisha. I will use this money to start my pig farming business. This will be a dream come true for me.

    Log in to reply • Share
  • Evans    Aug 30, 2016

    hi Peris i hope all is well and i wish you get your loan in time and fulfil yours plans in good time. i wish you all the best. Baya

    Log in to reply • Share
  • Peris    Aug 24, 2016

    Hello lenders! It's me again and I am happy that I have just finished repaying the loan. The loan was a game changer in my business and I was able to set up a music production studio which is doing quite well. My first production will be out by the end of next month.

    Log in to reply • Share
  • Esther    Jan 23, 2016

    Dear lenders, I spoke to Peris and she promised to clear her loan arrears immediately. Thanks.

    Log in to reply • Share
  • Kitty    Nov 16, 2015

    Congratulations again and good luck with your new studio

    Log in to reply • Share
  • Peris    Nov 14, 2015

    Oh my! Words are not enough to express my joy. I am very thankful for your trust and generosity. I will now make a major step towards starting my own studio with this money. May God bless you so much.

    Log in to reply • Share
  • Peris    Nov 4, 2015

    I am so happy to have finished my loan successfully. Zidisha loans have helped me a lot in doing my business and my dream of one day owning a recording studio looks very real. I used the last loan to buy a cd/dvd copier and it has served me very well and this resulted into more revenue for my business and happier clients. Thank you so much for the support.

    Log in to reply • Share
  • Kitty    Jul 31, 2015

    Congratulations again, I hope the new copier works well

    Log in to reply • Share
  • Peris    Jul 31, 2015

    Thank you lenders for funding my loan once again. I am glad that I will now buy the much needed copier which will greatly improve the way I do business.

    Log in to reply • Share
  • Peris    Jul 23, 2015

    I am so glad that I found a reliable partner in Zidisha. Ever since getting my first loan about a year ago, my business has grown beyond my dreams. I now have two shops under my name and I believe with your continued support, I will be able to scale higher heights of success.

    Log in to reply • Share
  • Peris    Jul 21, 2015

    Update: The new branch is picking up well and it has started to pay dividends. Thank you so much lenders since you are the main contributors of this success.

    Log in to reply • Share
  • Peris    Jun 5, 2015

    To my esteemed lenders, this is to let you know that since I received the loan of $449.00 early this year, I managed to open a music outlet in our church compound. I am glad that it is doing very well beyond my expectation. Thank you for being part of this success story.

    Log in to reply • Share


Loading...

Loading...

Loading...