Loan to purchase sewing machine

Philip

New Drobo, Ghana

100% repaid

Entrepreneur

Name

Philip

Member since

September 2016

On-time repayments

55 installments  •  33%

About Me

at a thunder age, i started school when staying with my granny. i was very poor in academics but due to this my granny enrolled me on special classes so i passed my exams and got admission to Senior high school where i studied visual arts. i became a seamstress after high school. culturally there is a high patronage of what i sew which help me get my daily earns. i wanted to become a lawyer which i couldn't, therefore i will entrust that to my male child if only he wish to. i learn new styles in seamstress's work which i classify as my hobby and prefer playing hide and seek with my family.

My Business

i sew cloths for people, mainly african wear as we call it. African wear production is very lucrative since in my country Ghana for instance atleast every ofice must wear this once every week which is fridays. due to this it has yielded a high patronage. i does this in a small wooden shop which is not safer for me. my business fetch me about 50 ghana cedis weekly which i believe shall earn higher when am able to expand my shop with metal for security reasons people will troop in.

Loan Proposal

The cost of a sewing machine is GHS 700.00. I have fund GHS 200.00 from my business coffers. Mother also gave GHS 55.00 from her bank. I believe zidisha can help me with the rest which is GHS 490.00. i am very optimistic this loan is going to make an impact on life and business when being disburse to me.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$126.00

Date disbursed

Nov 28, 2016

Repayment status

On Time

Projected term

3 months

Lenders

ads68

Melbourne, Australia

Scotts5320

New York, United States

SA

Shar Alamdari

Los Angeles, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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  • Helen Horseman    Oct 20, 2017

    Hi Phillip,
    Could you please provide an update about when you will start repayments, it's been 5 months now without an update or any repayments and I'm keen to start getting back even a few cents so can start relending and helping others. Thanks.

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  • Helen Horseman    Sep 19, 2017

    Hi Phillip
    Could you provide an update about repaying your loan please.

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  • Helen Horseman    Aug 20, 2017

    Hi Phillip
    Could you provide an update about repaying your loan please.
    Kwabena, thanks for the update

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  • Kwabena    Aug 14, 2017

    I have called him several times but he doesn't answer his calls.

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  • Philip    Apr 19, 2017

    i will buy materials to raise a new structure for my tailoring shop. am most glad for your support lenders and promise to make this money much useful.

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  • Philip    Apr 14, 2017

    infact my earlier loan has help me with a new sowing machine and tables. i was able to aquire a wooden kiosk also. i used major part of the profit in investing in my children school and provide my wife a business if selling smoke fish in the market.

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  • Philip    Mar 2, 2017

    my business is flourishing gradually and am left with an option to adjust my payment high.
    expecially for some time now, i have not had any technical problem with my machines am using for a while now. due to the above, i deem it motivated to raise my weekly installments high .
    thank you lenders.

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  • Philip    Jan 11, 2017

    I wish to reduce my payment plan since business is in the state of flutulence these days after chrismas . I am hoping to raised it up later on. thank you Zidisha.

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  • Philip    Nov 26, 2016

    am very much enthused with my lenders. you have proven your charity on me once more. am much doubtful am going to make much profit in my business once this money is founded.

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  • Philip    Nov 21, 2016

    though i couldnt made on time payment of 100% due to some circumstances but i understand i will be able to make a massive move on my new amount.

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  • Philip    Oct 28, 2016

    permit me to pay commitment of GHS 50 due to some circumstances. trhanks

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  • Philip    Oct 9, 2016

    am able to do part time business so I can pay more than the initial amount of GHC 50.

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  • Kwabena    Sep 19, 2016

    You are welcome philip .

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  • Philip    Sep 18, 2016

    am glad my loan is fully funded. thanks to my lender and my mentor

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