Buy an industrial knitting machine and accessories

Phillip Lenient Agyemang Narh

Tema, Ghana

62% repaid

Entrepreneur

Name

Phillip Lenient Agyemang Narh

Member since

January 2017

On-time repayments

222 installments  •  84%

About Me

my name is Philip Lenient Agyemang Narh and I'm from Ghana. I'm a fashion designer and my biggest dream is to become one of the top fashion designers ever in history. I'm also looking forward to open a big fashion school to train the up and coming youth who have dreams and interest in fashion designing but got no one to push them...

My Business

I basically get quality African fabrics, designs Them and put them out in showcases for sale... I use the profit to buy more fabrics to make more designs and sell them. I want to take my clothing line international and and meet my customers needs and also make good income... I prefer this business because people love African wears and getting them on the market wouldn't have any purchasing problem.. Thank you

Loan Proposal

I want to buy an industrial knitting machine to help me improve my work since my orders are becoming more. I have been spending about 10-15% of my profit on knitting because I don't have the knitting machine and I have to take it to someone who does it for my clothes to be knitted. A brand new knitting machine now costs like $320-$350 in the market. I spend about $0.25 for knitting just for one cloth I make which I make about 8-10 clothes in Week which I have to sometimes leave the clothes with the knitting operator for hours and even sometimes a day when there are loads of work on him before I get the clothes . So I believe if I'm able to purchase the knitting machine, I will be able to save the money I spend just for knitting, I will make more profit and expand my business and also create job for someone by employing someone who's going to work with the knitting machine and I pay him/her since there are people around who also sew and take their clothes to town for knitting

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$621.44

Date disbursed

Sep 25, 2017

Repayment status

Late

Projected term

46 months

Cost to entrepreneur

Service fee: $17.09

Phillip Lenient opted to pay $105.34 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

carlos vendrell

Barcelona, Spain, Philippines

BelleStarr

Albuquerque, United States

M

Meckel

Boulder, United States

Scott

Oregon, United States

T

Tallago3

Munich, Germany

johnandmoliehi

Canton, New York, United States

MindMuse

Talking Rock, United States

A

AlexCheng

Seattle, United States

indeh

London, United Kingdom

Quentin

Toronto, Canada

A

aiban

Austin, United States

A

Austrian

Graz, Austria

B

BobJames

Toulouse, France

Christopher

Copenhagen, Denmark

swendl

Iowa, United States

J

JW1992

Sheffield, United Kingdom

P

Pavane

Kungsbacka, Sweden

J

jfragisk

Toronto, Canada

P

pitypang

Switzerland

N

nycjen

United States

Justin

Connecticut, United States

L

lenders

United States

DavidHS

United Kingdom

C

cruzerio

Indonesia

MW

Matt Willis

United States

Jake Badger

Roskilde, Denmark

Richard

Shrewsbury, United Kingdom

Thomas

Mueller, Germany

Kevin

San Francisco, United States

PG

Paul Graham

United States

N

Nick

United States

Aran Dunlop

United States

Sinan Taifour

Munich, Germany, Germany

Craig Newmark

United States

Romesh Fernndo

Perth, Australia, Australia

RR

Rory Rohloff

United States

Humble Bundle Community

San Francisco, United States

Mike

Indianapolis, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

BN

Bence Nagy

Czech Republic

John Barnett

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HB

Hugo Boss

United Kingdom

Raoul

Germany

AA

Andrew and Kim

Nashville, TN, United States

Ask Phillip Lenient a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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