To buy more materials for my sofa works

Issifu Sabeliwu

Golokwati, Ghana

100% repaid

Entrepreneur

Name

Issifu Sabeliwu

Member since

October 2020

On-time repayments

13 installments  •  62%

About Me

My name is Issifu Sabeliwu.I come from Northern part of Oti Region of Ghana,Dambai.I am 37 years old.I am married with 5 children.I completed Oti Secondary Technical School at Dambai-Banka.My parents are farmers.They produced crops such as yam,maize, groundnuts and beans.These are the crops that my parents cultivated to look after me and my siblings.I am the third born of my parents.I wasn't able to continue my education after Senior High because of financial problem.I was taught by my parents to always work hard to be successful in life.After my education, I went and stayed with one of my uncle's in Kumasi to learn carpentry work.I learned the work with humidity for 3 years and also served my master for 1 year.I become the best among my mates.After my graduation,I left Kumasi to Dambai to established my own shop but it has not been easy.

My Business

I have my own carpentry shop currently at Dambai. I have seven apprentice.We engage in activities such as roofing, kitchen cabinets,wore-drop, production of room chairs and sits and many more.I do get contracts to produce chairs for schools through the District Assembly.But sometimes the contract money money doesn't come early as it is expected, one have to pre-finance to start the project before later the assembly releases funds for such projects.In Ghana here too, sometimes getting access to such business loan as someone who is not on government payroll becomes difficult.It takes time before one can be granted a loan.It is my hope that Zidisha will grant me a loan to execute my projects .

Loan Proposal

I will like to use the loan to purchase more materials for my projects.The demand for my sofa has increased so I need more materials so that I can meet my customers demands. I will use the loan to purchase more materials like woods, leather, nails,Sam paper,etc.

Income Source

There has been a drastic reduction in the rate of spread of the virus.This has made the government to lift band on certain activities.Due to that I do go about my works without any hindrances. With that I can get money and pay for the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.89

Date disbursed

Oct 31, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $13.42

Credit risk payment: $6.71

Optional expediting fee: $13.42

Lenders

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Charmonica

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Honey

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johnandmoliehi

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C

chrisherron

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D

Divergent

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Cloudways

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AdvancingCompassion

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S

Southern

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P

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paulclinton

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sderickson

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M

Marko

Helsinki, Finland

L

luckiestmonkey

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B

bscent

Hong Kong

V

vbud

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HL

Holly Laird

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S

Stephan

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Dave Bogard

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DF

Daniel Fehr-Krahn

Winnipeg, Canada

E

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antwerpen, Belgium

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Ian

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cota

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PT

Paul T

Amsterdam, Netherlands

TH

tom hd

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Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

F

Frits

Rotterdam, Netherlands

PR

Paul Rausch

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I

isaac

United Kingdom

E

EABF

Netherlands

VC

Victor Chong

United States

Melissa K

Portland, Oregon, United States

Jane

Ontario, Canada

S

Sarah

Arlington, United States

JG

Jake Gibson and Beverly Picardo

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LM

Lee Montecucco

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Claire Lewis

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Richard Paulin

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Michael Winter

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ND

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CE

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C

Charles

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C

Camm

Australia

B

Bram

Germany

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

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NB

Nikolaus Bührer

Karlsruhe, Germany

M

MaggieK

United States

KL

Kerry Lane

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J

John

Minneapolis, United States

MC

Mike Cormack

Vancouver, Canada

SF

Snow Family

United States

JN

Jonathan Ng

United States

C

Christopher

United Kingdom

A

Anonymous

United States

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