Tv set to make my music video sales more effective
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
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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Loan Info
Project Type
Classic Loan
Disbursed amount
$128.00
Date disbursed
Jul 1, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Republic of Korea
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Summary
Amount repaid
$134.41
Amount remaining
$0.00
Date repaid
Aug 18, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 8, 2014 | $3.30 | Jul 7, 2014 | $3.30 |
| Jul 15, 2014 | $3.30 | Jul 7, 2014 | $0.19 |
| Jul 15, 2014 | $3.12 | ||
| Jul 22, 2014 | $3.30 | Jul 15, 2014 | $3.30 |
| Jul 29, 2014 | $3.30 | Jul 15, 2014 | $3.30 |
| Aug 5, 2014 | $3.30 | Jul 15, 2014 | $3.30 |
| Aug 12, 2014 | $3.30 | Jul 15, 2014 | $3.30 |
| Aug 19, 2014 | $3.30 | Jul 15, 2014 | $3.30 |
| Aug 26, 2014 | $3.30 | Jul 15, 2014 | $3.30 |
| Sep 2, 2014 | $0.36 | Jul 15, 2014 | $0.33 |
| Jul 22, 2014 | $0.03 | ||
| Sep 9, 2014 | $11.63 | Jul 22, 2014 | $11.59 |
| Jul 29, 2014 | $0.03 | ||
| Sep 16, 2014 | $11.63 | Jul 29, 2014 | $11.59 |
| Aug 5, 2014 | $0.03 | ||
| Sep 23, 2014 | $11.63 | Aug 5, 2014 | $11.59 |
| Aug 5, 2014 | $0.03 | ||
| Sep 30, 2014 | $11.63 | Aug 5, 2014 | $11.59 |
| Aug 12, 2014 | $0.03 | ||
| Oct 7, 2014 | $11.63 | Aug 12, 2014 | $11.63 |
| Oct 14, 2014 | $11.63 | Aug 12, 2014 | $11.63 |
| Oct 21, 2014 | $11.63 | Aug 12, 2014 | $11.59 |
| Aug 18, 2014 | $0.03 | ||
| Oct 28, 2014 | $11.63 | Aug 18, 2014 | $11.63 |
| Nov 4, 2014 | $11.63 | Aug 18, 2014 | $11.63 |
| Nov 11, 2014 | $2.86 | Aug 18, 2014 | $2.83 |
| Aug 18, 2014 | $0.03 | ||
Mary Oct 14, 2019
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