Expansion of my clothing business

Nathanael Agyei Bediako

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Nathanael Agyei Bediako

Location

Sunyani, Ghana

On-time repayments

189 weekly installments  •  84%

About Me

My name is Agyei Bediako Nathanael; I come from Berekum in the Brong Ahafo Region of Ghana. I was born on the 14th of October, 1986. I belong to a family of five with two siblings. I started my education at Freeman Methodist Preparatory School at Berekum. I had my Junior High education at St. Mary’s Junior High School and proceed to Sunyani Senior High for my High school education.
I hold a Bsc. Chemistry degree from Kwame Nkrumah University of Science and Technology. I was posted to Duayaw Nkwanta, a small town in Brong Ahafo Region to do my National Service in 2009 at Serwaa Kesse Girls’ Senior High School.
At the time the school was unknown and had a small population mostly from the villages around Duayaw Nkwanta. I sort to find a way of helping raise the image of the school, so I started a Debating club in the school. I faced a lot of challenges with all sorts of false allegations levelled against me, most especially because I was a science teacher handling debate. But I never gave up knowing I wasn’t doing it for myself but for the students involved and the exposure they were getting. In our first year of participating in the National Debating competition for Senior High Schools in 2011, we won the District competition and came second in the Zonals. This boosted our moral and we started preparing for the 2012 edition immediately.
During the 2012 edition we won all competitions all the way to the finals where we met and beat one of the best schools in Ghana, St. Peters SHS to become National champions. Since then the school has become one of the best schools in Ghana with girls coming from all over the country. My debate team continues to do well having won all district and zonal competitions since 2012 and placed second twice at the regional level.
It was during my interaction with students in my team I realized most of them had serious financial problems so I started to support them with the allowances I made. I sometimes get friend to assist. Not very long ago a Peace Corps volunteer in my school and I successfully raise two school terms fee for one of such students through Facebook. I am not able to bear the sight of a brilliant student in need.
It is in view of this that I started to do business with the aim of raising enough money so I could continually support such students.
I am still teaching Chemistry in the school.

My Business

In an attempt to find a short term income earning business because of the purpose of supporting students, my attention was drawn to how beautiful shirts sewn with Ghanaian print and designs were fashionable and people loved today. I also realized that though very beautiful it wasn’t very expensive and is very easy to wear and appear at all functions. The problem with most people was that tailors usually disappointed people with it came to time of delivery therefore killing the interest of many.
I decided to buy the prints and give tailors various designs to sew them into, I would then sell them ‘already made’ to people. So I send the shirts in various shapes, sizes and designs to other schools and offices.
It cost $10 to buy materials and sew one shirt. I sell a shirt at $15. I am able to sell an average of 50 shirts a month.
I however do not have a shop in which I sell so all the shirts are kept in my house. So i only sell when i move to the customers. I also do not have my own means of transport so i rely on public transport which takes a lot of time.
My plan is to raise enough money to hire a shop to expand the business and. Also to buy a motorbike to make movement faster and cheaper so I can maximize profit
It is my hope that Zidisha would help me acquire the loan to help to build upon my business since the interest rates and conditions attached to the banks and other financial institutions are unbearable.
I am certain of keeping my payment on schedule because i have a permanent source of income as a salary worker. I promise I won’t disappoint. And by helping me you will be helping the students in my school who have need for money. Thank you

Loan Proposal

A friend in the USA who visited me recently has requested that I ship some of the shirts to him to that business can begin there since African prints are in high demand in the USA. In other to achieve new sets of designs will have to be introduced especially ones that depicts African culture. It will cost $20 to produce and ship one shirt which will sell in the USA for a minimum of $50. So s net profit of $30 will me made which will help me continue to support my less privileged students

Feedback

2

None

2

  • Erin    Oct 1, 2020

    Unfortunately this loan was distributed over a year and a half ago and zero payments have been made.

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  • Axel    Nov 11, 2019

    Nice described project. But after getting the loan communication stopped.
    No repayment and no response to member questions since more than 6 months.
    What a pity.

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  • Wendy Emlyn    Sep 8, 2015

    All installments paid on time

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  • xtrahardware    May 22, 2015

    AAA!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$324.25

Date disbursed

Sep 28, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $16.25

Lenders

F

Frank

Berlin, Germany

D

dkapplerb

Toronto, Canada

JonasG

Cologne, Germany

G

garrybuck

Oro Valley, United States

cyrus0302

San Francisco, United States

D

drjofleming

UK, United Kingdom

DeanDropshot

Oslo, Norway

P

prodigyita

Eboli, Italy

F

Fiodal

Helsinki, Finland

S

sirius

Lauterach, Austria

ScottSavage

Las Vegas, NV, United States

J

Johnrock702

Saint Augustine, United States

O

oasis

Boise, United States

H

HappythroughHelp

Torrance, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

B

bentst

Kongsberg, Norway

HansLindgren

St. Julians, Malta

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

P

paixful

Coalhurst, Canada

J

jjonas

berlin, Germany

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

indeh

London, United Kingdom

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

W

wordelsue

MIDWEST, United States

D

Dadiolafs

Vestmannaeyjar, Iceland

R

rpmccarthy

Sydney, Australia

T

the0bauman

Hillsboro, United States

borscht

Golden, United States

B

bugsheep

Houston, United States

A

argos

Zurich, Switzerland

vinnio

Burlingame California, United States

countrygirl

Spring Green, United States

K

Kweetnie

Rijswijk, Netherlands

M

marcelitohb

Bremen, Germany

R

randy98109

Seattle, United States

R

Rking

Eugene, United States

M

michaelangers

Toronto, Canada

J

JKorevaar

Springfield, Canada

O

Orenius

Tacoma, United States

Vintagebeeinc

Youngsville NC, United States

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

D

DaveH

Folsom, United States

J

Jopar

Corroios, Portugal

Maxey

Amstelveen, Netherlands

panamaman

Philadelphia, United States

A

alkemyst

Geneve, Switzerland

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

Westbye

Førde, Norway

Z

zhihanchew1234

Tampin, Malaysia

K

kikusin

Shanghai, China

mithril

Prague, Czech Republic

K

KnutG

Bergen, Norway

B

BassFamily

Tremonton, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

Longhorn

Austin, United States

F

fundfinite

Wellington, New Zealand

S

Serene

Philadelphia, United States

Z

ZacJ89

RIverside, United States

B

bonnieinbremen

Bremen, Germany

U

Ubun2

London, United Kingdom

B

Bokolo

Leeds, United Kingdom

M

mmisoo

Nova Dubnica, Slovakia

F

Forfex

Zurich, Switzerland

mohita

delhi, India

P

PaddyP

athenry, Ireland

S

Spelbreker

Zwijnaarde, Belgium

Lambie

Perth, Australia

A

adamtj

toronto, Canada

S

seikatsu

Palo Alto, CA, United States

tonnyschonewille

Maastricht, Netherlands

O

osterqvist

Linköping, Sweden

xtrahardware

Cazenovia, United States

M

Mountainmanduy

San Jose, United States

TuveTheDog

Helsinki, Finland

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

B

bwitt

Berkeley, United States

M

mrjamesg

London, United Kingdom

B

Bobbylite87

Anniston, United States

G

GanSatya

United States

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

M

microlender

United States

R

Rootdet

Fairfax, United States

ColinHicks

Chichester, United Kingdom

ScholaNatura

Czech Republic

L

lenders

United States

M

meric

Australia

S

SimonAngus

South Africa

A

abbasm

United States

M

maverick

United States

M

MaggieYG

United States

P

PDNS1401

United States

A

ajayhk

San Jose, United States

MS

Mark S Yourek

United States

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