Tv set to make my music video sales more effective

Peris

Mombasa, Kenya

100% repaid

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How it Works

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

I do a music sales business in Mombasa town. My products range from audio cds, VCDs and DVDs. Most clients request the music material to be tested before buying. I have an audio player for testing the audio material but I also need a T.V. set to test the VCDs and DVDs. I bought a DVD player sometime back but I need a TV set now to complete the system.

I am currently relying on my clients goodwill but I lose out on the ones who do not know me well. To maximize my sales, I need to have the TV set for my business. This will cost me about KES 10,000.00 ($115). I am therefore appealing to lenders to fund this loan so that I realize my dream. My business is profitable and I can repay the loan as stated with ease.

Thank you.

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Mary Oct 14, 2019

No updates or payments for 9 months.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$128.00

Date disbursed

Jul 1, 2014

Repayment status

On Time

Projected term

4 months

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Day Family Feb 23, 2019

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

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Will likes this.
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.

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Peris Jul 16, 2017

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

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Kitty Jun 15, 2017

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

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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.

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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.

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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.

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Kitty Aug 30, 2016

Congratulations and good luck with your pig farm

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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.

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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

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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.

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Esther Jan 23, 2016

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

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Kitty Nov 16, 2015

Congratulations again and good luck with your new studio

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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.

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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.

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Kitty Jul 31, 2015

Congratulations again, I hope the new copier works well

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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.

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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.

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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.

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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.

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