To buy industrial sew machines for employees

Owusu

Kumasi, Ghana

100% 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

Growth in business is always assured when you are in business with a great partner like zidisha, there has been a vast increase in demand for my products. This increase has caused a long list of customers on my waiting list. Since I am limited in time and Labour, this has created the need to employ more hands on the job. Starting with 2 employees for the meantime.. This loan will help me purchase an additional 2 industrial sewing machines for the 2 yet to be employed workers. This will go a long way to speed up production and on time delivery. The increase In production will help boost the business turnover hence an increase in profit and also creating a goodwill between me and my customers. Zidisha has been great help to me and I hope it is not going to end now... So I am counting on your usual cooperation.... 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

$516.00

Date disbursed

May 18, 2016

Repayment status

On Time

Projected term

3 months

Lenders

nicole

Worcester, Ma, United States

Roy

Espoo, Finland

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

P

Petra

Switzerland

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Summary

Amount repaid

$541.98

Amount remaining

$0.00

Date repaid

Aug 29, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 28, 2016 $39.42 Mar 7, 2016 $24.94
May 31, 2016 $14.48
Jun 4, 2016 $39.42 May 31, 2016 $24.94
Jun 6, 2016 $14.48
Jun 11, 2016 $39.42 Jun 6, 2016 $24.94
Jul 1, 2016 $14.48
Jun 18, 2016 $39.42 Jul 1, 2016 $24.94
Jul 16, 2016 $14.48
Jun 25, 2016 $39.42 Jul 16, 2016 $24.94
Jul 16, 2016 $14.48
Jul 2, 2016 $39.42 Jul 16, 2016 $24.94
Jul 16, 2016 $14.48
Jul 9, 2016 $39.42 Jul 16, 2016 $24.94
Aug 16, 2016 $14.48
Jul 16, 2016 $39.42 Aug 16, 2016 $24.94
Aug 16, 2016 $14.48
Jul 23, 2016 $39.42 Aug 16, 2016 $24.94
Aug 16, 2016 $14.48
Jul 30, 2016 $39.42 Aug 16, 2016 $24.94
Aug 16, 2016 $14.48
Aug 6, 2016 $39.42 Aug 16, 2016 $24.94
Aug 20, 2016 $14.48
Aug 13, 2016 $39.42 Aug 20, 2016 $24.94
Aug 24, 2016 $14.48
Aug 20, 2016 $39.42 Aug 24, 2016 $24.94
Aug 27, 2016 $14.48
Aug 27, 2016 $29.50 Aug 27, 2016 $15.02
Aug 29, 2016 $14.48
Sep 3, 2016 $0.00

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