To buy musical instruments to set up a band

Emmanuel

Wenchi, Ghana

100% repaid

Entrepreneur

Name

Emmanuel

Member since

March 2017

On-time repayments

186 installments  •  82%

About Me

I am Emmanuel Kpor,born in 1987,from Volta Region of Ghana. I schooled throughout the region and now working as an Accountant with Ghana Health Service in Brong Ahafo Region of Ghana.
Things worked well until my parents separated when I was in primary 5. Things started getting tough when my mother had to singlehandedly take up my upkeep and education as well. Life wasn't easy by then until a friend introduced me to our Roman catholic church brass band for which he was a member. He told me they earn some money from being playing the band. So I decided to join;not knowing,MUSIC is my God's-given talent but didn't know.

I started training with the band in the year 2000, and within few months,I nearly overtook my trainers. Town bands began trooping in for me for programs,for which I earn some money for both my upkeep and other expenses. "Hardship made me realized my TALENT" and I am very happy knowing my talent.

Though playing my instruments, I was schooling at the same time. So after my Polytechnic studies in Accounting and Finance,in the year 2010, I gave up on music to concentrate on Accounting. After my National Service, the call for music resurfaced in my life,as I could wake up at dawn to read and write music.
After my National Service in the year 2011 and there wasn't any job available, I thought of rather going back to my band until I get a job. I organised ten(10) -man brass band squad for which we go on various engagements in return for payment; in fact, we could make at least $75 per program. This continued until I had a job in the Accounting Sector.
Now I have my job but still want to raise loan and buy some needed musical instruments so that I could start a band on my own for which I could earn at least $125 per weekend.

My Business

We provide good musical sounds at programs;be it funeral, parties, weedings etc for which I get a return of at least $125 after the program.
This service is so much needed at any public activities
I chose this kind of business because its one of the lucrative businesses in our time and as the saying goes "turn your passion into business" I love playing musical instruments and will be very glad to turn it into business.
My costs is $1495 in total for getting about thirteen (13) musical instruments and my revenue at the end of each program ranges between $125 to $150.
The profit of this business is intended to be used to set up a well established music school in Volta region, as there is non yet available.

Loan Proposal

° I will get a set of musical instruments to set up a band. The set for a band cost $1500

° I am bringing on board twelve (12) other players,who after school, they do not have a job than to play instruments. Therefore I am creating job for twelve men through the help of Zidisha.

° I always charge between $12.5 to $15 anytime I play for other bands,but with the formation of !y own band,I am charging $125 to $150 per program. And due to the quality players that I have selected, we are always busy been hired for programs.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

May 22, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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