Equipment for voice studio

Elisha Babu

Kangemi, Kenya

100% repaid

Entrepreneur

Name

Elisha Babu

Member since

February 2015

On-time repayments

25 installments  •  36%

About Me

I am from kakamega county, raised in the village of shinyalu, after my class exam i traveled to Nairobi for greener pastures my family did not believe in Education , i ended up working as a Gardner in loresho suburbs, after a year i decide to quite the job an find a way to back to school, i was taken in by a pastor of a local church he had a school in the slum and that school gave an education that i see it value now, i believe this was a major challenge in my life i couldn't imagine life without high school education,while at the same school i used to go to his church where i joined the choir i later learned how to play instruments i.e the guitar, bass guitar, and the drums, once i learned to play the instruments well i started to teach basics, the money i made i enrolled in a college to learn how to play the instruments professionally.

My Business

I have a music studio currently, i make or create instrumentals for upcoming artists in my local, also i record demos for them to present to bigger advanced studios, i charge a reasonable fee for my services because these artists are just upcoming, they are starting their journey,i started my busies because it the one thing i love i can play my instruments the entire day i have great passion for music, and i feel at peace with the world once i am doing music, plus i trained in this field, The money i make goes to supporting my younger brother in paying school fees i want him to have a better education than i did my parents are still poor, they dont have a lot of money, i also support them, and i completely rely on this business.

Loan Proposal

With the loan, i want to buy the left side speaker monitor the price will be 5500 kshs, the remaining 2534 i want to buy an external sound card that is advanced for better sound quality, these will raise the quality of my studio for my clients to more faith in my technology to meet the standards of the market demand, with this equipments i will have 5000kshs increase every two-three weeks in profits,

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.38

Date disbursed

Feb 16, 2015

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $100.38 at 3.40% annual rate over 5 months = $1.70

Service fee: $1.87

Lenders

P

Philippe

Adliswil, Switzerland

Hope2012

United Kingdom

DeanDropshot

Oslo, Norway

Pere

Barcelona, Spain

AnnaChristina

Pittsburgh, United States

B

bugsheep

Houston, United States

nakamura

United States

F

Fish42

Fairfax Station, United States

S

SammyGeorge

Belfast, United Kingdom

gseletko

South Perth, Australia

Paul Buchheit

Mountain View, United States

A

allie105

United States

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

Tanya

Nelson, New Zealand

Kostas

Montreal, Canada

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