Name
Damilola
Member since
April 2019
On-time repayments
12 installments • 50%
My name is Toye David Oluwadamilola 36, I am a visual artist with an inclination towards abstract art with the adoption of visual codes, signatures and patterns . Recently i decided to harmonise my art and experience in hospitality business by creating first a Bar which adopt visual arts and other forms of artistic expression like dance, music, and poetry to entertain and appreciate customers and tourist alike in a way that will encourage art collection, promote an alternative mode of relaxation with healthy living and generate income such that everybody wins . My target is to raise enough to run this business smoothly and i have no doubt, relying on obvious trends that beer/drink sells and art is a store of value, a form of investment as well as therapy with zero side effects in addressing stress and other psychosomatic ailments. I am convinced that those who are entertained will find it irresistible to collect the art that stimulates, inspires, motivates and is appealing to their senses .
My business is doing textual analysis of artworks , writing copies for artist and clients in other business field who need my expressional skills to project their goods, products and services , after which i publish some of these content on my social media handle, especially on Facebook with the name Toye Damilola. My source of income is mostly from gigs and errands that has to do with doing what is stated above and my goal is to earn more once the Art plus Bar is established . I charge
#1000:00k per textual analysis which can range between 20 words to 200 words , 10 % of the cost of executing an errand plus logistics fee in case of clients who wants me to be physically present at the site of a task/errand .
I will use part of this loan to secure a solar powered Boom Box for the Art+Bar and invest the rest into buying items , commodities, and stocks which can be sold within the shortest time with profit enough to service my loan repayment schedule and reinvest whatever is left again and again so that i can be closer for the ART + BAR take off . The estimated cost of my project take off is far above my credit limit at the moment which is above #100,000:00k approximately $270 . The solar powered Boom Box can be secured with #8000:00k approximately $21 which leaves me with almost #24,000 approximately $67 to trade in items and commodities .
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$103.00
Date disbursed
May 24, 2019
Repayment status
On Time
Projected term
2 months
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