To produce a CD and music video with my songs

Moses Ochieng

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Moses Ochieng

Location

Nairobi, Kenya

On-time repayments

322 weekly installments  •  83%

About Me

I am 32 years old born in Migori County Western Kenya,I went to school in my neighborhood and lat
er on moved to Kisumu City where I took an advanced Diploma course in Community Development and Social Work.I have been intrested in music since my childhood,I was in Sunday school choir before joining the youth choir in our Seventh Day Adventist Church.I was joined by my other siblings who also had intrest in singing Kiswahili and Dholuo Gospel songs,I have faced challenges in raising funds for producing my songs.My family have given me support in most cases but music production have become expensive.

My Business

I am in the music business where I am producing my own album, sing for different occasions on invitation, do vocals for artists. I earn regular income from weekly from different engagements. I have released an album which I would like to get more funds to help produce audio visual copies to sell to my fans. It cost around $ 2 to produce one original audio CD.

Loan Proposal

Since many people prefer video cds than audio cds. I am planning to produce a audio visua cd which costs Ksh.40,000. The loan will cater for part of my video shooting cost and pay the remaining balance from my savings raised from the sales of my audio cds albums 1 and 2. This will help to increase my sales volume since i will be selling both the audio cds volumes 1and 2 and the new audio visual cd. One audio CD costs Ksh.150 while One audio visual CD costs Ksh.200 as their production costs remains the same. I will supply the CDs to music stores to widen my market coverage,this will also help to create job opportunity for the music store operators. The profits will help me to register my albums with the music copyright which will help me earn royalties on a monthly basis and other benefits which comes upon registration there for a part from my daily sales of CDs earnings i will also have a monthly earning.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$297.56

Date disbursed

Jul 6, 2015

Repayment status

On Time

Projected term

18 months

Cost to entrepreneur

Service fee: $14.88

Lenders

Dianne

Maryville, United States

Q

Quomar

Żmigród, Poland

valentin

Stockholm, Sweden

investor

Candiac, Canada

Johnny

shanghai, China

DeanDropshot

Oslo, Norway

AndreaBravi

London, UK, Canada

F

Fiodal

Helsinki, Finland

I

Interfree

Dubai, United Arab Emirates

S

sirius

Lauterach, Austria

J

Johnrock702

Saint Augustine, United States

D

djhenk

Amsterdam, Netherlands

T

timdever

Batesville, United States

C

cjmenchaca

Austin, United States

Kysera

Crawfordsville, United States

B

blahblah

Nuernberg, Germany

T

thejacobnorton

Jubail, Saudi Arabia

HansLindgren

Uppsala, Sweden

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

indeh

London, United Kingdom

H

HildeK

Rogaland, Norway

amovida

Central valley, ny, United States

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

Cloudways

Malta, Malta

P

penguin3694

Chicago, United States

B

bugsheep

Houston, United States

R

randy98109

Seattle, United States

Bruno

São Paulo, Brazil

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

S

sersche

Zurich, Switzerland

A

Adam3333

Hague, Netherlands

sarna

Toronto, Canada

fairspirit

Utrecht, Netherlands

A

Anette

Uppsala, Sweden

Z

zhihanchew1234

Tampin, Malaysia

K

kikusin

Shanghai, China

K

KnutG

Bergen, Norway

Muslim

Riyadh, Saudi Arabia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Longhorn

Austin, United States

neocodesoftware

vancouver, Canada

isabelv

Barcelona, Spain, Sweden

iamdaimo

London, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

gseletko

South Perth, Australia

mojobob

Hayward, United States

S

seikatsu

Palo Alto, CA, United States

tonnyschonewille

Maastricht, Netherlands

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

xtrahardware

Cazenovia, United States

E

ejc211

Somerset, United Kingdom

J

jinx83

Brisbane, Australia

E

E

Marin county, United States

H

Haavard

Bergen, Norway

G

GanSatya

United States

B

BobHope

United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

L

lenders

United States

G

geoff

United States

X

xavier

Toronto, Canada

S

spivurno

United States

Paul Buchheit

Mountain View, United States

D

dagjomar

Trondheim, Norway

M

Michi

Switzerland

K

Karpet

Faroe Islands

Anu

India

joshuacollinson

Vienna, Austria

J

jbhernan

United States

TyWee

Manila, Philippines

D

DStateDDB

United States

S

SaraNT

United States

J

jdelaporte

United States

J

JF2014

United States

S

Stephan

Netherlands

AP

Andrew Page

United Kingdom

KM

Kirsty M

United Kingdom

Family Mueller

Petershagen, Germany

N

Niels

Berlin, Germany

PG

Paul Graham

United States

Christopher Hey

Sudbury, Canada

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