New equipment for my bead-designing venture

Gloria

Tema , Ghana

100% repaid

Entrepreneur

Name

Gloria

Member since

November 2017

On-time repayments

114 installments  •  82%

About Me

I am Gloria Agbadi, a 23 year old Ghanaian, Biomedical Engineering graduate from the Kwame Nkrumah University of Ghana. I had my primary and junior high school education at St Mary's International School and Better Best Academy respectively after which I studied General Science at Achimota Senior High school.
I have a peculiar interest in fashion and colours which found me searching for new jewellery designs in my leisure periods. Bead making in a ind
igenous activity in Ghana and beaded accessories are an irreplaceable item in our cultural dressing.
Growing up in a country like mine where graduate unemployment is on the rise, I decided to turn my interest in bead making into an employment opportunity for myself and others.
After 3 years of bead making I developed an interest in fine jewelry and now learning and developing new skills in the field.

My Business

Fashion is a fast growning industry all around the world . It is a very promising one with very high demands since clothing is a basic human need. I want to promote African fashion especially beaded accessories. Through my Zidisha loans, I have been able to fund my business advertisements on social media and widen my customer base by 250%. My goal is to expand my business to a world class beaded accessory and jewellery production company. The profit I make is reinvested into buying more raw materials and equipment to increase production.

Loan Proposal

This loan will help me acquire new equipment( drilling, cutting and filing machines) for customisation of products made for my customers... I need an amount to the sum of $ 300 of which u have been able to raise $ 150 from profit I make on my products... I would therefore use this loan to top up the money I have raised to purchase the new equipment. This would encourage more customers to patronize my products since most of them love custom-mae products. The introduction of customised products promises to increase my profit margin by 50% .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$138.00

Date disbursed

Aug 27, 2018

Repayment status

On Time

Projected term

2 months

Lenders

johnandmoliehi

Canton, New York, United States

Lotus Flower

United States

V

Vidar

Oslo, Norway

J

Netherlands

GA

Gal Ashuach

רעננה, Israel

Cambium Foundation

Kirkland, United States

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