A loan to add more stock ( local smock sales)

Ernest

Akim Oda, Ghana

3% repaid

Entrepreneur

Name

Ernest

Member since

August 2016

On-time repayments

78 installments  •  86%

About Me

My name is Ernest Ponsu and i come from Akim oda in the Eastern corridors of Ghana. i lived the whole of my live in the village of 5 brothers and 2 sister. i am second level leaver graduate school with good results and later went to the polytechnic to pursuit further studies in fashion and design.
Whist in school i develop the dream to become an entrepreneur who will build up a great future in clothe making and as well sew good dresses for people. whilst all this thought came running through my mind i put up certain measures to ensure that i actualize this merciful dream of mind. the idea was good but very challenging, so as the year inch further i started facing more and more challenges both in my private and academic life . Besides this, I gravely needed certain things to help me even complete my practical tuition and learning but was really a problem , so this and many more left me in abject decision as to how to complete the course. so, as i develop that habit of designing many pretty wears for people , the more i work on that the more i then garnered the in depth experience in clothes making and designs.
So in all this efforts , it helped me gained conscious of the need there after the service i set up a small store of which i am into some tailoring duties. since i still leave within the catchment areas i am able to get people to make their clothes for them.

My Business

Talking about the business i have just started is the tailoring business, rightly into sewing and designing good clothes for more clients . People develop likes for the smart collections and designs i bring on board so i work from morning to the evening 9 pm busy sewing and meeting the requirement of my customers.
Infact as a start up i acheived a profit target of GHS 523 which is equivalent to 130 USD for now in a week.. I am hoping to push up more than that but the resource and machines required to meet this pressing demand is inadequate. i have put up strong effort to acquire another machine that could help relieved the other machine when breakdown occurs, but anytime i try, i do not succeed . i was one day discussing this problem of mine to a friend who then told me to join zidisha since they can help me in affordable loans to re sustain my business. indeed i did not declined and hence decided to join and have this fell of relieved , so if am here today is on a look out to the good lenders out there to assist me revived this seemmily lost dream. i also hope to make good repayment and meet other coming opportunities . Thank you

Loan Proposal

I will be much grateful if your outfit will kindly support me with a soft loan to help procure avalaible smock at a considerable cheaper price in order to meet the demands of my customers.
I had had a contract to pick up this stock produced by another manufacturer at a relative low price.
I believe this could fetch me some good profit margins if indeed this contract is outsourced.
Cost of inventory 25pcs = 215 USD
And transport cost = 40 USD.

It is my candid hope that this will meet your attention and funding support in order to help me bring in this stock from Daboya in the Northern part of Ghana.
The cost benefit analysis will be much cheaper than producing in house as per the retail price agreed. Thank you.

Feedback

3

None

None

  • nicole    Aug 25, 2017

    My second loan to Ernest -- I recommend him to others & would be glad to lend to him a third time!

    Log in to reply • Share
  • nicole    Mar 13, 2017

    Ernest paid on time & I would be happy to lend to him again!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$373.00

Date disbursed

Sep 9, 2017

Repayment status

Late

Projected term

359 months

Lenders

sworthington

San Francisco, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

nicole

Worcester, Ma, United States

ErikN

Stockholm, Sweden

artnking

College Place, United States

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

A

aliasadsj

Queens, NY, United States

A

AlexCheng

Seattle, United States

B

Bavarian

Bavaria, Germany

F

fisaire

Ithaca, United States

indeh

London, United Kingdom

L

Lenah

Vert Saint Denis, France

rasmus

Bern, Switzerland

J

Jeb33red

Bourne end, United Kingdom

K

kloden

Chicago, United States

Cloudways

Malta, Malta

T

the0bauman

Hillsboro, United States

P

PhilACK

Brampton, Canada

B

BClay

Campbell, United States

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

U

UmSaeed

Southfield, United States

nakamura

United States

G

glh25

Winooski, United States

nmatpt

Lisboa, Portugal

Z

zedoud

Hamburg, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

indrayudha

Jakarta, Indonesia

Anto82

Eraclea, Italy

A

AndrewC

London, United Kingdom

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

HealthcareProvider

Baltimore, United States

P

Peaches

United States

L

lenders

United States

B

bugdaniel

Switzerland

M

maverick

United States

L

Lallarahiq

United States

joshuacollinson

Vienna, Austria

S

sarah4d2

Saint Louis, United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

O

OzMonkey

Australia

AndrewNeu

Ho Chi Minh, Vietnam

belvi

Hoogeveen, Netherlands

Grant Xavier Storer

Seattle, Wa, United States

SV

sven vdk

Twickenham, United Kingdom

M

me.iulian

Iasi, Romania

ND

Nick DG

Exeter, United Kingdom

B

beegkitty

United States

Voscke

Utrecht, Netherlands

Mike and Jacqui

United Kingdom

Matthias

Frankfurt Am Main, Germany

Dave Bogard

New York, United States

Jerome

Switzerland

H

Hazel

United Kingdom

Deb Fox

Melbourne, Australia

Kate Courteau

United States

Lou Kaucic

Sanbornton, NH, United States

E

erica

antwerpen, Belgium

Carla

Amsterdam, Netherlands

M

Mart

United Kingdom

JW

John Walsh

Alicante, Spain

J

Jason

United States

Aran Dunlop

United States

V

Vidar

Oslo, Norway

P

Phips

Switzerland

GS

G S

Switzerland

SB

Sue Bucholz

Sacramento, United States

JB

John Brown

United States

RM

Ron Maze

United States

Sinan Taifour

Munich, Germany, Germany

J

jeananne

United States

JB

James Brooks

United Kingdom

VC

Victor Chong

United States

HCPSPIRIT

Helsinki, Finland

The X2AI Team

San Francisco, United States

R

RMIM

United States

Rowan

Australia, Australia

Paul Buchheit

Mountain View, United States

J

James

Los Angeles, United States

HB

Hugo Boss

United Kingdom

AW

Annie W

United States

JT

Joanne Thompson

United Kingdom

DH

Don Hammond

United States

JF

Jon Freach

United States

DR

Diana Rose

United States

JP

Junggiu Park

Seoul, Republic of Korea

AA

Andrew and Kim

Nashville, TN, United States

AS

Anna Storey

United States

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