To buy Kente cloths from weavers to resell

Abugri

Bepoase, Ghana

100% repaid

Entrepreneur

Name

Abugri

Member since

February 2021

On-time repayments

26 installments  •  58%

About Me

I am Abugri James a trained teacher by profession. I obtained my diploma in basic education in the year 2016, with second class upper. After college I was posted to Bepoase Methodist Primary in the Ashanti region of Ghana,where I teach science, history, religious and moral education (RME) and physical education (PE). However, where I was stationed to teach, is one of places in Ghana where original traditional kente clothes are woven. I became more interested in the kente business and decided to learn how to do the weaving myself. So I started trading kente clothes in the year 2017. I have a group of people who weave for me so it's usually three weeks after paying them I will then go to them for the clothes. Furthermore, I have customers across all the regions of Ghana so when the kente clothes are ready i will then distribute to my lovely customers. Briefly, this beautiful kente cloth is woven using threads of different colours.The kente clothes are beautiful woven using the Ghanaian traditional designs such as sankofa, Adinkra Akofana and many more. I have been in this business for close to four years now and to be honest, this business has been my backbone. It has helped me in many ways such as paying my wards school fees and also in taking care of my mom. I heard of Zidisha through a friend and then decided to find out more about them. Through my little research, I have seen some people who have benefited from Zidisha, and some have had their businesses expanded through the support of Zidisha. I am therefore, taking this opportunity to wish them good health and ask God's grace for them. However, I'm also a hard-working young man with good human relationship and a family man with two kids. I am thirty-six years of age and would be very grateful if the hardworking team of Zidisha would lend me a helping hand in terms of financial support to pay those who weave for me and also to buy raw materials for them.

My Business

Basically, my business is soly about paying and buying threads for a group of kente weavers to produce beautiful woven kente clothes for selling to interested people all over the regions of Ghana.The business has been good ever since I started it in 2017. I normally, buy these these woven kente clothes from the weavers and then sell within the various markets across the country. My source of income comes from the savings I made from sales of selling the kente clothes. However, I also get some income from my salary when business becomes a little slower. My business has employed a number of people to help me achieve higher income and also has been my plan to be a successful business man in future. I am currently, expanding my business by increasing the clothes I purchase every three weeks and with this the profit keeps on increasing every month. This kente business has helped me a lot. I am, therefore,requesting this loan to purchase more clothes to sell to my cherish customers and this will go a long way in helping the livelihood of the people I hire to do the weaving in my community.

Loan Proposal

I would be very grateful if you could grant lend me the requested amount to enable me buy more kente clothes for sale. The requested loan will be used to purchase kente clothes from the weavers and then sell them to my cherish customers. I am therefore requesting this loan to buy Kente clothes to sell.

Income Source

I admit the fact that many businesses are finding it difficult to survive these days but in Ghana here things are moving on well. The situation here is quite different from other countries because businesses are doing quite well . Safety protocols are being observed in order to slow down the spread of COVID-19. Church activities and other social gathering have been asking to observe the safety protocols and so this has not affected my business so much. I a strong belief that if I'm given the loan I would be able to repay my loan in the subsequent weeks.

My Videos

Mar 7, 2021: Kente clothes for sale

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Feb 20, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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