To buy sewing materials, accessories & equipment

Vincent

Fadama, Accra, Ghana

38% repaid

Entrepreneur

Name

Vincent

Member since

January 2017

On-time repayments

113 installments  •  75%

About Me

My late father was a cocoa farmer who married two wives, my mother being the second wife and herself also a farmer. In all, my father has twelve children, I being the ninth of my father and the fourth by my mother. Living in such a family, me and my siblings did not have life easy, education was not a necessity, but rather farming and helping our parent is the priority.
After my elementary education, I was given the option by my late father to either be with him and farm or join my grandfather to learn trade. I joined my grandfather, where I learned fashion and designing, a profession a have being practicing till today

My Business

My business is Fashion and designing. I have a shop and three sewing machines. I sew for individuals, Churches, Corporate organisations etc.
With the government new policy of local wear in offices, there is high demand for our goods and services (Sewing)
Currently, i have two apprentices and one employee (work and pay). I am able to sew averagely 54 attires for both male and female dresses a week.
Acquiring a new machine, I can do more, then by earning more profit, hence my interest in Zidisha loan. I can make four hundred Ghana cedis monthly. By doing this I can successful pay my ward's school fees and pay the bills of my dependents.

Loan Proposal

For the high demand for my services I intend to buy additional designer sewing machine, and also purchase wax print materials for my sewing business.
1. Designer sewing machine @ $ 370
2. Purchase of variety of wax print materials @ $ 420
3. Payment of annual rent for my shop @ $350
4. Purchase of sewing accessories $150
In all a total of $ 1290 needed for my next projects.
Hoping that the good, lovely and caring lenders on the Zidisha platform would lend to me again

Feedback

1

None

None

  • Will    Oct 28, 2017

    Vincent repaid his loan on time and two months ahead of schedule. He also provides frequent updates. It was a pleasure to loan to him and I would do it again.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,154.00

Date disbursed

Jul 9, 2018

Repayment status

Late

Projected term

10 months

Lenders

DeanDropshot

Oslo, Norway

pentatonicscale

Niiza-shi, Japan

Bhayl

Stavanger, Norway

Bobrm2k3

Charleston, United States

B

bugdaniel

Switzerland

Mimobo

Schwäbisch Gmünd, Germany, Germany

A

Anonymous

United States

B

Brian

Rancho Cordova, United States

Paul Buchheit

Mountain View, United States

M

MounirCC

Antwerp, Belgium

CN

Craig Newmark

United States

Mai Phuong Nguyen

Nashville, United States

FD

Florin Draghici

United Kingdom

BR

Brian Rickman

United States

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

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Summary

Amount repaid

$437.08

Amount remaining

$717.70

Expected completion

May 12, 2019

Status

Repaying late

Installment amount

$4.48

Repayment History

Expected Payments Actual Payments
Jul 22, 2018 $33.62 Jul 22, 2018 $33.62
Jul 29, 2018 $33.62 Jul 29, 2018 $33.62
Aug 5, 2018 $33.62 Aug 5, 2018 $33.62
Aug 12, 2018 $33.62 Aug 12, 2018 $33.62
Aug 19, 2018 $33.62 Aug 19, 2018 $33.62
Aug 26, 2018 $33.62 Aug 26, 2018 $33.62
Sep 2, 2018 $33.62 Sep 2, 2018 $33.62
Sep 9, 2018 $33.62 Sep 10, 2018 $33.62
Sep 16, 2018 $33.62 Sep 16, 2018 $33.62
Sep 23, 2018 $33.62 Sep 23, 2018 $33.62
Sep 30, 2018 $33.62 Oct 1, 2018 $33.62
Oct 7, 2018 $11.21 Oct 7, 2018 $11.21
Oct 14, 2018 $11.21 Oct 7, 2018 $11.21
Oct 21, 2018 $11.21 Oct 7, 2018 $11.21
Oct 28, 2018 $33.62 Oct 21, 2018 $33.62
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $4.48
Nov 25, 2018 $4.48
Dec 2, 2018 $4.48
Dec 9, 2018 $4.48
Dec 16, 2018 $4.48
Dec 23, 2018 $33.62
Dec 30, 2018 $33.62
Jan 6, 2019 $33.62
Jan 13, 2019 $33.62
Jan 20, 2019 $33.62
Jan 27, 2019 $33.62
Feb 3, 2019 $33.62
Feb 10, 2019 $33.62
Feb 17, 2019 $33.62
Feb 24, 2019 $33.62
Mar 3, 2019 $33.62
Mar 10, 2019 $33.62
Mar 17, 2019 $33.62
Mar 24, 2019 $33.62
Mar 31, 2019 $33.62
Apr 7, 2019 $33.62
Apr 14, 2019 $33.62
Apr 21, 2019 $33.62
Apr 28, 2019 $33.62
May 5, 2019 $33.62
May 12, 2019 $22.86

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