To purchase public address system for hire
David
Thindi, Kenya
100% repaid
Entrepreneur
Name
David
Member since
September 2015
On-time repayments
214 installments • 50%
About Me
My names are David Muiru Njuguna, born in Kinangop, which is in South Kinangop in Kenya. I completed my secondary education and did a diploma course in Video Production.
My Business
I am a part-time DJ and I also run a photography business where I print photos from my studio. Most of the time I go out in the field for events such as burial ceremonies, birthday parties, homecoming parties, weddings, and get-together events. I take the photos during these events and sell the same at a cost of USD 0.5 per photo after printing them.
I make between USD $15- $25 daily, but on good days I can make up to USD $40. I would wish to expand and concentrate with field events, as this is where a large market segment lies. In the future, I would like to have a modern photo studio dealing with all aspects of digital photography. Proceeds from my business go towards family upkeep.
I also have great interest in music and I have seen a market gap in that, when I go out for functions, there is great need for a public address system which is currently not there. As a person with DJ skills, I see this as an opportunity and would thus wish to venture into the same market.
Loan Proposal
I am requesting a Zidisha loan so as to purchase a Public Address system which will be available for hire at different functions. I will engage in thorough marketing of this service in my studio and also print posters to market the same. I have a generator that is portable and this will help me great deal when I get customers in areas without electricity. The proposed Public Address system will comprise of with approximate cost;
Mixer = USD 70
Connecting wires: USD 10
Microphone(with cord)= USD 0.8
Wireless Microphone (USD) 2.4
I have settled on the above since its easily portable and thus transport cost to areas hired will not be a big problem.
With this I will be hiring it out at a cost depending on time and when not in use it will be in my Studio as a marketing tool by playing music.
Proceeds from this business will go a long way in helping me repay the loan and further expand my business.
About Me
My names are David Njuguna, Born in Kinangop which is in South Kinangop in Kenya. I completed my secondary education and did a diploma course in Video Production. This course is meant to prepare one for self employment as there not many institutions that engage in such that one can be employed in. My love for music is strong, I started at tender age in church services where I could just sing as long as I had the audience.
My Business
I am a part time DJ and Ialso run photography business where I print photos from my studio and most of the time I go out in the field in events such as Burial Ceremonies, Birthday parties, home coming parties, weddings, get-together events. I take the photos during this events and sell the same at a cost of USD 0.5 per Photo after printing photos.
I make between USD 15- USD 25daily but on good days i can make up to USD 40.
I would wish to expand and concentrate with field events as this is where large market segment lies. In future I would like to have a modern Photo Studio dealing with all aspects of digital photography. Proceeds from my business go towards family upkeep. I also have great interest in music and I have seen a market gap in that when I go out for functions there is great need for a public address system which is currently not there. As a person with DJ skills I see this as an opportunity and would thus wish to venture into the same market.
Loan Proposal
I am requesting a Zidisha loan so as to purchase a Public Address system which will be available for hire at different functions. I will engage in thorough marketing of this service in my studio and also print posters to market the same. I have a generator that is portable and this will help me great deal when I get customers in areas without electricity. The proposed Public Address system will comprise of with approximate cost;
Mixer = USD 70
Connecting wires: USD 10
Microphone(with cord)= USD 0.8
Wireless Microphone (USD) 2.4
I have settled on the above since its easily portable and thus transport cost to areas hired will not be a big problem.
With this I will be hiring it out at a cost depending on time and when not in use it will be in my Studio as a marketing tool by playing music.
Proceeds from this business will go a long way in helping me repay the loan and further expand my business.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Oct 16, 2015
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
United States
Summary
Amount repaid
$208.99
Amount remaining
$0.00
Date repaid
Mar 20, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 25, 2015 | $15.00 | Oct 26, 2015 | $15.00 |
| Nov 1, 2015 | $0.14 | Oct 26, 2015 | $0.14 |
| Nov 8, 2015 | $5.00 | Nov 9, 2015 | $5.00 |
| Nov 15, 2015 | $5.00 | Nov 15, 2015 | $5.00 |
| Nov 22, 2015 | $5.00 | Nov 23, 2015 | $5.00 |
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $2.50 | Dec 5, 2015 | $2.50 |
| Dec 13, 2015 | $2.50 | Dec 5, 2015 | $2.50 |
| Dec 20, 2015 | $2.50 | Dec 21, 2015 | $2.50 |
| Dec 27, 2015 | $0.00 | ||
| Jan 3, 2016 | $5.00 | Jan 6, 2016 | $5.00 |
| Jan 10, 2016 | $0.00 | ||
| Jan 17, 2016 | $3.00 | Jan 18, 2016 | $3.00 |
| Jan 24, 2016 | $3.00 | Jan 18, 2016 | $3.00 |
| Jan 31, 2016 | $3.00 | Jan 30, 2016 | $3.00 |
| Feb 7, 2016 | $3.00 | Feb 8, 2016 | $3.00 |
| Feb 14, 2016 | $3.00 | Feb 14, 2016 | $3.00 |
| Feb 21, 2016 | $3.00 | Feb 21, 2016 | $3.00 |
| Feb 28, 2016 | $3.00 | Feb 28, 2016 | $3.00 |
| Mar 6, 2016 | $3.00 | Mar 6, 2016 | $3.00 |
| Mar 13, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Mar 20, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Mar 27, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Apr 3, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Apr 10, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Apr 17, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Apr 24, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| May 1, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| May 8, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| May 15, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| May 22, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| May 29, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jun 5, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jun 12, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jun 19, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jun 26, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jul 3, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jul 10, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jul 17, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jul 24, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Jul 31, 2016 | $3.00 | Mar 13, 2016 | $3.00 |
| Aug 7, 2016 | $0.35 | Mar 13, 2016 | $0.35 |
| Aug 14, 2016 | $79.00 | Mar 20, 2016 | $79.00 |
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