Rent for business location

Nathanael

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Nathanael

Member since

February 2015

On-time repayments

197 installments  •  85%

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

The loan will help me increase my stay in the shop I rented. The amount will be able to pay for the rent for additional one year therefore preventing the landlord from evicting me when the current rent is due. My continual stay in the shop means stability for my business and my customers won't find it hard locating me again. In the long run, sales will increase especially because we will be getting in to the Christmas season soon where sale go up significantly. More profits and more growth for my business in the end

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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Loan Info

Project Type

Classic Loan

Disbursed amount

$757.00

Date disbursed

Aug 28, 2017

Repayment status

On Time

Projected term

12 months

Lenders

Daniel

Brussels, Belgium

C

Christian

Saarbruecken, Germany

AH

Aleksi H

Helsinki, Finland

investor

Candiac, Canada

M

MrMc2

Saugerties, United States

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

O

Oliver

Geneva, Switzerland

EHTHighSchool

Egg Harbor Township, United States

ErikN

Stockholm, Sweden

AndreaBravi

London, UK, Canada

Kjartan

Oslo, Norway

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

L

Lttlefoot

Sydney, Australia

BJ

Brandon Joz

North Carolina, United States

4

42Theo

London, United Kingdom

M

mason243

Denver Colorado, United States

A

AlexCheng

Seattle, United States

J

jstefans

Palo Alto, United States

S

SelvaMarcus

Green Cove Springs, United States

N

Nanobug

Wilton, CT, United States

T

tmsaddress

Orlando, Florida, United States

KirstenShute

Montreal, Canada

A

Arthurmb

Cebu city, Philippines

B

Bavarian

Bavaria, Germany

HE

help each other

Glasgow, United Kingdom

G

graememoss

Amsterdam, Netherlands

Quentin

Toronto, Canada

A

Aleks

Oslo, Norway

Cloudways

Malta, Malta

Andreas1974

Fristad, Sweden

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

Namaste250

Pittsford, United States

A

Atlantia

Brisbane, Australia

ads68

Melbourne, Australia

C

CheapThrills

Liminka, Finland

D

djschin

Heber City, United States

P

Peksa

Espoo, Finland

E

erogers

Vancouver, Canada

ohlandtmann

Moorestown, United States

H

hetultel

Ahmedabad, India

A

Andy

Berlin, United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

Bobrm2k3

Charleston, United States

I

ianb723

ROCHESTER, United States

G

gregc

Calgary, Canada

W

Winniether

Rochester, United States

calvero

Bergen, Norway

J

Johannes

Pirmasens, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

indrayudha

Jakarta, Indonesia

numbat

Perth, Australia

C

Colmena

Chicago, United States

gseletko

South Perth, Australia

L

Leonora

TÄBY, Sweden

P

Pavane

Kungsbacka, Sweden

JOKer

Weisendorf, Germany

JonB

London, United Kingdom

T

TodaRaba

Tacoma, United States

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

M

MarkKrakow

Joliet, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

A

akshu71

Ottawa, Canada

R

RohitSingh

Montreal, Canada

sderickson

Berkeley, CA, United States

M

martyb

United States

Dutchguy

Nijmegen, Netherlands

John Makongo

Kitale, Kenya

I

ibd267

Ambler, United States

P

payette

Ottawa, Canada

D

drorm

United States

AllieJ

Camberwell, Australia

Aaron85

Knoxville, United States

M

Mal57

Australia

D

DandS

United States

lyalljellyman

Wellington, New Zealand

K

karthich

Austin, United States

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

GMc50

Australia

J

jsbisa

New Orleans, Louisiana, United States

B

bscent

Hong Kong

V

vrothba1

United States

V

vbud

United States

Grant Xavier Storer

Seattle, Wa, United States

Loungin

United States

K

kennychit

United States

Otto Barten

Amsterdam, Netherlands

SV

sven vdk

Twickenham, United Kingdom

Y

Yanque

Madrid, Spain

C

Crainster

Chapel Hill, United States

SuperMario28

Cudahy, United States

himynameismartin

Czech Republic

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

ZH

zoe henley

United Kingdom

Dave Bogard

New York, United States

Villa Maria Outliers

Montreal, Canada

R

Robert

Berlin, Germany

Cassian Opara

London / Dubai, United Arab Emirates

MD

Miles Dodge

CORVALLIS, United States

Lukas Petereit

Frankfurt, Germany

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

Jake Badger

Roskilde, Denmark

MB

michael breen

United Kingdom

B

Beth

United States

NF

Nina Forsberg

Sweden, Greece

E

erica

antwerpen, Belgium

Kevin

San Francisco, United States

George

Corvallis, Oregon, United States

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Framework Eyewear

Utrecht, Netherlands

Martin Nielsen

Aarhus, Denmark

N

Nick

Greater London, United Kingdom

RV

Rob Van Dam

United States

N

Nick

United States

KJ

Kevin Jones

United States

MG

Mike G

United States

Paul Smithson

Leeds, United Kingdom

P

Peter

Bratislava, Slovakia

Eugen Stamm

Zurich, Switzerland

Christopher Hey

Sudbury, Canada

Cliff

United States

AO

Amara Ogle

United Kingdom

R

Ryan

United States

Carlo Cruz

Cincinnati, OH, United States

GT

Geoff Tucker

United States

Y

YTSJ

London, United Kingdom

Charles Burgess

United States

V

Vidar

Oslo, Norway

P

Phips

Switzerland

I

isaac

United Kingdom

feisty penguin

United States

MK

Michael K

United States

SB

Sue Bucholz

Sacramento, United States

KT

Kate Turner

United States

SA

Steve A

Newbury, United Kingdom

David

Mantua, Ohio Usa, United States

Angela Linwood

Minneapolis, Minnesota, United States

RM

Ron Maze

United States

RT

Rob Torti

United States

Jes-c

United States

M

Michele

United States

I

ixeldog

atlanta, United States

SM

Sachet Marion

United States

AJ

Abby jones

United States

K

Konstantine

Prokopievsk, Russia

SA

Shar Alamdari

Los Angeles, United States

J

Jon

United States

L

Lucy

Australia

Benjamin Kniaz

Boston, United States

RR

Rory Rohloff

United States

Humble Bundle Community

San Francisco, United States

Gerrit

Palm Harbor, FL, United States

JA

Joshua Axtell

United States

NM

Nitya Marepally

San Ramon, CA, United States

J

Jan

Netherlands

BE

Bob Ewing

United States

SL

Senja Larsen

United States

BP

Bill Piper

United States

Karin

Germany

Christie Young

Boston, Ma, United States

Mary Norton

Byron Bay, Australia

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

AV

Andrew van der Watt

Johannesburg, South Africa, United States

Haroon S

United States

The X2AI Team

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

Colin Marks

London, United Kingdom

E

ericb321

Republic of Korea

CJ

Carrie J

United States

CM

Colin Marks

United Kingdom

GS

Gary Sinard

Franklin, TN, United States

SM

Sanjana M

United States

Nikola Novak

Toronto, Canada, Canada

M

Mack

Harbor, Oregon, United States

Alex

Ohio, United States

Philipp Lehmann

Zurich, Switzerland

France

R

RMIM

United States

A

Aaron

United States

SS

Sarah sewall

United States

A

Anabell

Elizabeth, United States

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

Martha Fleury

Bethesda, MD, United States

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

J

James

Los Angeles, United States

AS

Andreas Schäfer

Basel, Switzerland

SS

Sandi Smith

Pimpama. Queensland, Australia

A

Adriaan

Netherlands

AH

Antioch House Church

Kansas City, Kansas, United States

Nethanel Kohen

NYC, United States

BA

Burf and Patsy

St. John's, Canada

HB

Hugo Boss

United Kingdom

AW

Annie W

United States

SS

Sam Smith

United States

NS

Natalie Stone

United States

H

Haley

United States

JN

Julie Noel

United States

JL

James Little

United Kingdom

LM

Lee Montecucco

Washington State, United States

PA

Peter A

New York City, United States

J

JB

Germany

R

Rose

United States

M

Mika

Switzerland

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

Please log in to comment.

  • Axel    Oct 17, 2019

    Hi Nathanael,
    What is current status of your project ?
    Could you realize it ? Please share with us.

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  • Isaac    Aug 1, 2019

    Please he told me he will make the payment but his problem you should do something about the credit risk since is not refundable the deduction is too much

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  • Axel    May 16, 2019

    Hi Nathanael,
    You have posted here a beautiful and well described big project.
    130 people from Zidisha community were enthusiastic and loaned you the needed money.
    Please tell us current status. We are interested in. Are there any problems with your project ? Do you need support ?
    Please be fair and give update to your lenders.

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  • Axel    Apr 12, 2019

    Hi Nathanael,
    What is current status of your project ?
    Please share it with your lenders.

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  • Margaret    Apr 2, 2019

    Hi Nathanael,
    I see you have missed several of your loan payments. Please make an effort to repay, a small payment is better than none at all to keep your repayment percentage high for future loans. With Zidisha you can grow you business to the next level, do not throw this opportunity away. Margaret

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  • Nathanael    Jan 23, 2019

    This loan will go into purchasing sewing machines. I am definitely becoming a big business man thanks to you lenders and Zidisha

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  • Nathanael    Jan 22, 2019

    3 days more and we are close. We can do this family. Grateful to all who have funded my loan so far

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  • Christine    Jan 18, 2019

    Good luck and many greetings from Germany

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  • Nathanael    Jan 17, 2019

    Happy to know my loan is steadily being funded, thanks to lenders who have this far contributed. Hoping to seeing more. Thanks

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  • Nathanael    Jan 9, 2019

    If I am to tell testimonies of the impact of the loans on my business it, never end. I am most grateful to lenders and Zidisha to being with me all these years. With my new loan I hope to buy more sewing machines and train more people the art of sewing as well.

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  • Nathanael    Jan 7, 2019

    I have finished payment of my loan way ahead of my personal projected time. The festive season was really good and my returns increased. Thanks to lenders and the entire Zidisha community for all u have helped me to accomplish. I will be requesting my next loan soon

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  • Nathanael    Dec 17, 2018

    I would like to finish early and take the next loan. Business is going well

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  • Nathanael    Nov 11, 2018

    I am under a little pressure to supply a costumer some amount of goods which requires more capital. I will return as soon as i am done supplying

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  • nikko    Oct 7, 2018

    Heĺlo Nathanael,
    I am also interested to see what you are making for customers.
    I look forward to your updates.

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  • Nathanael    Sep 22, 2018

    Thank you so much lenders for the confidence reposed in me and my project by funding my loan so quickly. I promise to use the money for the intended purpose and start paying as soon as possible. Once again i say thank you

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  • J    Sep 22, 2018

    Your loan is now fully funded. Please keep us posted.

    I am very interested to get news and photos about the things you are able to do with the loan.
    Good luck with your business.

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  • alexalexalex    Sep 20, 2018

    Good luck Nathanael!

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  • Nathanael    Sep 11, 2018

    I have fully repaid my loan. Thanks to all lenders to support. I hope to get another soon

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  • Nathanael    Sep 8, 2018

    I want to pay so i can start applying for my next loan as soon as possible

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