Loan for footwear production

Donkor

Kumasi, Ghana

75% repaid

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How it Works

Entrepreneur

Name

Donkor

Member since

June 2020

On-time repayments

43 installments • 70%

About Me

I am Kenneth Isaac Donkor, 36, and footwear manufacturer in Ghana. Due to financial constraints, there's retrogression in my work hence my eagerness to join Zidisha for financial support.

My Business

I am into footwear production. I depend mostly on little orders I get from customers which comes seldomly. Sometimes, Bank loans which due to high interest rates doesn't help.

Loan Proposal

This loan application is aimed at cushioning me in the harsh covid-19 economic system. As financial issues in the current pandemic issue is severed, I wish to acquire this financial support to enable me to upscale production and to plan for other possible diversification resonate with the current pandemic system, as far as it makes business sense. I eagerly look forward to this funding on the benevolence of my able lenders,. Thank you so much.

Income Source

Although the business atmosphere has been severed by the pandemic, but life still goes on unabated as a new normal, which has it's own blessings in disguise.
As government try to stay the harsh effect of the situation, this enables me to still strive towards making ends meet by transacting business via social media and trans port, which minimizes direct human interaction, hence business is still in progress.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$471.00

Date disbursed

Mar 10, 2021

Repayment status

Late

Projected term

3 months

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

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Donkor Aug 2, 2021

Due to unforeseen lapses in my financial inflows, I would like to adjust my payment schedule in order to manage my outstanding debt and to pay out.

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Donkor Jul 14, 2021

There has been unexpected disruption in my financial inflows, which has adversely affected my payment schedule. So, I think this adjustment can help me pay out my due amount.

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Donkor May 4, 2021

The change in the instalment is due to some little difficulty I'm encountering retrieving the payment for goods delivered to customers. I hope for a future positive outcome. Thank you for bearing with me.

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Donkor Mar 10, 2021

Thanks once more to you my kind lenders for the invaluable kindness shown to me.
After all the deductions, I've received GH¢ 2038.
I'll make sure I put it into a judicious use in order to repay, and to benefit from it as purposed for.
God bless you so much.

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Donkor Mar 9, 2021

This is my special regards to you, my lenders for your benevolence aimed at seeing to the growth of my business and in effect, my well being, especially, in such a crunchy time as this; you'll forever be in my prayers that the Almighty father should bless all you do and to make all your endeavors successful in accordance with his will.
This fund will be duly invested in my business for the acquisition of tools and leathers for a large scale production and with prayer, hard work, and your well wishes, I'll make it. Thanks so much and may God bless us all.

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Ren, Mary and jorgvgaal like this.
Donkor Mar 3, 2021

Thanks so much Laurie . God bless you. I'm really grateful for the feedback. Stay safe!

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- (Comment deleted by author)
  - Donkor Mar 5, 2021
    
    I'm affectionately called Kenn; so, I prefer that, Laurie!
    
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Donkor Mar 2, 2021

I've received the message requesting for the samples of my productions, but unfortunately for me, most of it are deleted, but I've this to upload.

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Donkor Mar 2, 2021

Hello Laurie, I tried uploading the requested pictures but the feedback was that, the file is too big. So, I'll do so after I've done the settings .

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M
Mary Feb 28, 2021

What kind of footwear do you make Donkor? Can you post a photo or two?

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Donkor Isaac Kenneth likes this.
- Donkor Mar 2, 2021
  
  I make ladies and gents slippers and sandals.
  
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  Anonymous likes this.
  - M
    
    Mary Mar 5, 2021
    
    These are lovely!
    
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    Donkor Isaac Kenneth likes this.
    
    Donkor Mar 5, 2021
    
    Very kind of you, Mary; I'm encouraged!
    God bless you.
    
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    Mary, jorgvgaal and Anonymous like this.
M
Margaret Feb 21, 2021

Thank you for keeping us updated on the state of you business because of covid. We are glad to hear things have picked up again for you. Good luck with your new loan!

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Donkor Isaac Kenneth likes this.
- Donkor Feb 23, 2021
  
  You're always welcome, Margaret! I'm also grateful for your best wishes and may God richly bless you!
  
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Donkor Feb 18, 2021

This post is special notification for my benevolent lenders who have made my manufacturing business worth pursuing. My financial outlook is gradually improving as I'm able to put bits aside for the unforeseeable future.
My last repayment saw some delays owing to a the current pandemic and it's twist and turns, but having stayed the tide , I'm hereby acknowledging the patience the team exercised by coaching me to revise my schedules which really paid off , enabling me to this far.
I still look forward to working with zidisha till the end of the road.
Thank you very much and may God bless us all!

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Donkor Feb 3, 2021

I regret to have delayed on my payment schedule owing to an unexpected challenges encountered over the past three months. I am making this this installment to enable me repay my amount due. Thank you.

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Donkor Jan 4, 2021

Owing to unexpected business turnout which blocked my Cash inflow, my finances had been affected adversely, hence the need for this adjustment.

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Monica Jan 4, 2021

Kenneth reference told me he will advise him to make payment or better still adjust it

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Donkor Nov 23, 2020

This installment adjustment is owing to fact of my inability to meet my targeted payments.
I am very hopeful of things changing for the better after the expiration of my number of days of adjustment .
I am regretful of every inconvenience this might have doubtlessly caused my lenders.

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Monica Nov 23, 2020

Donkor told me he will start the repayment soon

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Donkor Oct 29, 2020

I'm not able to pay full installment amount owing to reduction in sales. But I'm hopeful of things turning around at least for after this fortnight adjustment made. Every inconvenience caused is apologized for!

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Donkor Sep 12, 2020

A special acknowledgement to my lenders for willingly extending a hand of kindness to me by funding my loan application, may God continue to bless your endeavors.
This facility is aimed at adding up to my working capital in order to upscale production. Thank you so much team Zidisha, God bless you all.

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Donkor Sep 11, 2020

This is notify my benefactors, Mr Paul Buccheit, and team Zidisha for the immense contribution to making my business better by the day. I'm very grateful to you for the relentless service to making lives better, including myself. Thank you so much!

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Donkor Sep 9, 2020

I have a pending business order to prefinance, hence the need to adjust my payment to afford me time to reapply for next facility.

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Loan for footwear production

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