Purchase a manual embroidery machine

Owusu

Kumasi, Ghana

22% repaid

Entrepreneur

Name

Owusu

Member since

July 2015

On-time repayments

95 installments  •  53%

About Me

I am Charles Owusu it was a great experience as a child living with 2 parents my mother was a trader and my father was a fire officer. So I had the feeling of being an entrepreneur and being an employee. At early age it was my dream to start my own business since my father was always not at so I knew there was a a lot freedom being self employed. This inspired me to pick up business as a course of study at Kumasi Anglican Senior High school,After my basic education at unity prepatory school and sweet home Academy in mampong ashanti and Kasoa in the Central region respectively all in Ghana. After graduating at koforidua polytechnic with High National Diploma in Accountancy the scarcity of job motivated me to start a business business venture in order to earn a living and also help solve the unemployment situation in my country. Ghana has diverse cultures with great people and food. The people are largely hospitable they all feel great being a Ghanaian.

My Business

Okrakyi trends is a fashion firm which produces and sell Africa oriented designs and outfits to interested clients. It is a a tailor made outfits which is done to satisfy the clients' utmost specifications. Since most of our marketing is done through the social media we always assured of reaching the fair scope of our target market hence consistent turnover. Our weakly income is around gh¢800. And zidisha has played an active role in this achievement.

Loan Proposal

The loan will be used to buy a manual embroidery machine which cost $760. It will help cut the out sourcing costs by over 70% increase productivity and help serve customers on time. It expected to help increase profit by 15% ($100) weekly. Thank you

Feedback

3

None

None

  • nicole    Jan 18, 2018

    My second loan to Owusu. He paid on time & I would be happy to lend to him a third time!

    Log in to reply • Share
  • Ed    Jun 2, 2017

    It was a pleasure to lend to Owusu

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$638.00

Date disbursed

Apr 30, 2018

Repayment status

Late

Projected term

2 months

Lenders

nicole

Worcester, Ma, United States

Paul Buchheit

Mountain View, United States

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