Entrepreneur
Name
Dominic
Member since
June 2015
On-time repayments
20 installments • 55%
About Me
I am Donyina Dominic. I was born on 15th of January, 1984 to Mr and Mrs Donyina at Nkoranza where i come from in the Brong Ahafo Region of Ghana. But I am currently working and staying in Berekum. I belong to a family of nine and I am the third born. I am married with two children. Aside my nuclear family, I also take care of my two little siblings.
I started my basic education at Nkoranza and continued at Nkoranza secondary school. After completing, I decided to join a band in my town because of financial problems.
I am a christian and also a member of the singing group in my church. I am humble, respectful and caring.
My Business
After I stopped schooling, I joined a band and later, from the little savings, I was able to establish my own business. I am the owner of a spinning machine named Rich Sounds. I started this business with a based capital of about 2000 dollars in the year 2012.
I established my business because I saw that, in the community where I live, it was difficult for the people to get machines for their programme like wedding, engagement, funeral, outdooring and announcements. Now the community hires my machines anytime there is such programme.
I have employed two assistance who helps me in my activities.
I wish to expand my business by purchasing additional spinning machines so that on the days that there are more than one program, I can send some machines to both programme. This will help me to employ new assistance to help me and also increase my profit to be able to cater for my nuclear family and my younger siblings. I wish to seek financial assistance from you to help me expand my business.
REPAYMENT
I will be able to repay any loan offered me from the programme I attend.
Loan Proposal
The machine comprises of a 6 bass speaker which is 250 dollars, 4 mid speakers which is also about 200 dollars, 3 tutors costed 200 dollars. laptop costed 800 dollars, an amplifier costed 250 dollars, a microphone costed 30 dollars.
When I it will help me to produce quality sound to the people in my community during programme. It will also help me to divide the machines in case of more than one program. And also help me to employ additional workers to assist me.
it will also increase my profit and to provide for the the people who depends on me for living.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 7, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
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