Entrepreneur
Name
Eugene
Member since
February 2017
On-time repayments
48 installments • 29%
About Me
My name is Eugene Gwara, an electrical engineer by profession, a music producer by career, and an artist by hobby. I have been a music producer since 2009 when I developed great interest in to the art and set up my house production unit in the year 2012. The journey has been full of humiliation my current position, but I still hope and believe that great achievements are to come. My great vision is to make my career and studio a world class destination for any performing artist.
My Business
My business has been self-driven since its inception in the year 2012. Though with Little profit margins during the initial stages as a result of low initial capital and lack of expertise in service rendition, I've seen it grow over the years, each financial period yielding a better result. Service charge paid by performing artists has been the main source of income. Each performing artist has to make a down-payment before any session and that warrants some income for any session handled within the premises.
Loan Proposal
I'm planning to buy a slicer to expand my production personnel . This would increase my production and perhaps my profit margin .
My production of crisps is determined by how first i manage the process. I've been increasing the yield over the days by addition of mechanised input which lessens work and improves the out. I anticipate double production if the entire process can be mechanised, so i pray that with time i invest my profits plus fundings from lenders such as zidisha so as to achieve the double production the business is envisioned to.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Jun 23, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
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