Entrepreneur
Name
Felix
Member since
July 2014
On-time repayments
382 installments • 39%
About Me
My Story
I am Amissah Okai Felix. I am 26 years of age, dark in complexion and moderately built. I come from Berekum in the Brong Ahafo Region of Ghana. I am in a family of four and the last son of my parents. I had my primary and Basic Education at the Berekum All For Christ International School and furthered at Pope John’s Senior High and Junior Seminar in the Eastern Region of Ghana. I am a self-employed. I produce African wears and Designs .I entered into this business due to my grate love for the Arts industry and see it as my God given talent. Over the few years of my practice, I have been able to produce various designs and wears from different cultural backgrounds. My hobbies are reading, drawing and playing computer games.
My Business
BUSINESS PROPOSAL
I started my African wears and Designs shop in the year 2010 after having undergone a three –year apprenticeship at Jobo’s Designs and Decorations Services. I opted to African wears and designs due to my fundi interests in the Arts industry.I started operating my shop with a base capital of about 400 dollars but by God’s grace it now values over a 1000 dollars.
Berekum is strategically located at the central part of Ghana and is noted for its trading activities.In view of the trade,most people from different parts of Ghana do come to trade.A by part aspect of the trading is the mixed cultural integration relating to coping different ways of dressing.It was paramount therefore to capture this grate opportunity by designing various indigenous wears People prefer my products to others due to my ability to blind modernity with the old traditional styles.
I intent to open up my business to grater height due to high demand of my products.Despite the flourishing nature of my business,there are challenges which hinder the smooth production of my works.My rented workshop space is too small to accommodate myself and my other four apprentices.Also I intend opening another branch to display my works to the public.I therefore plead with Zidisha to come to my aid with about 3000 dollars to help build my own workshop,buy electric machines ,fabrics and acquire a store to display my products.People prefer my to buy my African design shits due to the quality of my shirts.I also move from government institutions such as hospital, Banks,Schools,and other offices to give my products on credit bases.This has increased the demand of my products to my customers.
REPAYMENT
I will be able to repay the loan facility given to me from the daily sales I make from the sales of my products.
Loan Proposal
When given this loan ,I intend to use about $200 of it to buy the main cloths that are used for the clothens . $20 will be used to acquire different shades of colours of threads that will be used for making the designs. I also intend using $150 to make a down payment for the acquisition of a sewing machine .This will help increase production .I also intend using $20 to buy scissors and needles that are very essential in the production process.There has being a need to acquire this loan because of the hike in the prices of the materials used for production .This has reached a stage where it is beyond my financial capabilities.I need Zidisha to come to my aid in order for me to employ more people in my venture and widen the scope of my production
Feedback
Positive
6
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 23, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Republic of Korea
Duisburg, Germany
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