Name
Timothy
Member since
August 2014
On-time repayments
387 installments • 67%
My name is Timothy Kimani, a Kenyan born in Muranga county of central Kenya. I was born in a family of 8 where I am the 6th born. My parents are peasant farmers who struggled to raise us up and put us through school. I later moved to Mombasa to look for a job.
I married ten years ago but unfortunately my wife passed on during the delivery of our second born. Luckily the baby survived and he is now turning 5 years in December this year. I take care of the two kids on my own and sometimes get help from my sisters when they get time to do so.
I work very hard in my business while at the same time looking after the little ones.
I am a music producer and my niche is local gospel artistes. My mainstay job is to sell and market the music of these artistes. I also do consultancy jobs in the same field due to my long experience and knowledge in this area. I also do artwork for the CD covers and promotional posters and banners.
I normally link up with music recorders who refer the musicians to my shop where I do mass duplications of their CDs. VCDs and DVDs. I am currently serving about 40 artistes. This is an all season business and there is a constant flow of income daily. I make an average income of about $250 after paying all the business related bills.
My main challenge in this business is lack of credit since the local institutions only deals with big business as they consider small outfits such as mine a risk.
As mentioned earlier, I shifted to chicken farming last year after I was involved in a grisly road accident that made it very difficult to continue with my music business. I had to relocate to my rural home since life there is not as strenuous as in the city. I have managed the transition smoothly and I have started to reap the fruits of my labor since the chickens are now laying eggs which I am selling in the neighborhood.
However, I have some challenges like lack of capital to build a modern coop and also buy high quality chicken feed which will increase production.
My business is quite safe from the prevailing covid-19 situation. I sell my produce in the neighborhood and being in a rural set-up, it is largely business as usual and I expect my revenue streams to continue flowing.
Apr 27, 2021: Work or my hands
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$760.00
Date disbursed
Apr 30, 2021
Repayment status
Late
Projected term
12 months
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