To purchase clothing materials for sewing

Vincent

Fadama, Accra, Ghana

100% 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

With the Christmas approaching I intend to purchase wax print, wooden etc materials that I can use to sew dresses and shirt for both male and female, adult and children for sale. Demand for these items are usually high during the Christmas festivities.

I would buy wax print @ $ 350
Polish cotton materials @ $270
Polyester materials @ $ 240
Various types of thread @ 80
Labor (work and pay) @ 210
In all I made an estimate of $1150 for my next project.

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.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$998.00

Date disbursed

Nov 9, 2017

Repayment status

On Time

Projected term

10 months

Lenders

Thomas

Sweden, Sweden

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

TL

Tao Luo

United States

A

Anonymous

United States

CN

Craig Newmark

United States

T

TP

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

$998.43

Amount remaining

$0.00

Date repaid

Jun 11, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 17, 2017 $34.89 Nov 17, 2017 $34.89
Nov 24, 2017 $34.89 Nov 17, 2017 $11.63
Nov 25, 2017 $23.26
Dec 1, 2017 $34.89 Dec 1, 2017 $34.89
Dec 8, 2017 $34.89 Dec 9, 2017 $34.89
Dec 15, 2017 $34.89 Dec 17, 2017 $34.89
Dec 22, 2017 $34.89 Dec 23, 2017 $34.89
Dec 29, 2017 $34.89 Dec 30, 2017 $34.89
Jan 5, 2018 $34.89 Jan 6, 2018 $34.89
Jan 12, 2018 $34.89 Jan 14, 2018 $34.89
Jan 19, 2018 $34.89 Jan 21, 2018 $34.89
Jan 26, 2018 $34.89 Jan 28, 2018 $34.89
Feb 2, 2018 $34.89 Feb 4, 2018 $34.89
Feb 9, 2018 $0.00
Feb 16, 2018 $11.63 Feb 11, 2018 $11.63
Feb 23, 2018 $11.63 Feb 11, 2018 $11.63
Mar 2, 2018 $11.63 Feb 11, 2018 $11.63
Mar 9, 2018 $11.63 Feb 18, 2018 $11.63
Mar 16, 2018 $11.63 Feb 18, 2018 $11.63
Mar 23, 2018 $11.63 Feb 18, 2018 $11.63
Mar 30, 2018 $11.63 Mar 2, 2018 $11.63
Apr 6, 2018 $11.63 Mar 2, 2018 $11.63
Apr 13, 2018 $11.63 Mar 2, 2018 $11.63
Apr 20, 2018 $11.63 Mar 10, 2018 $11.63
Apr 27, 2018 $11.63 Mar 10, 2018 $11.63
May 4, 2018 $11.63 Mar 10, 2018 $11.63
May 11, 2018 $11.63 Mar 17, 2018 $11.63
May 18, 2018 $11.63 Mar 17, 2018 $11.63
May 25, 2018 $11.63 Mar 17, 2018 $11.63
Jun 1, 2018 $11.63 Mar 27, 2018 $11.63
Jun 8, 2018 $11.63 Mar 27, 2018 $11.63
Jun 15, 2018 $11.63 Mar 27, 2018 $11.63
Jun 22, 2018 $11.63 Apr 6, 2018 $11.63
Jun 29, 2018 $11.63 Apr 6, 2018 $11.63
Jul 6, 2018 $11.63 Apr 6, 2018 $11.63
Jul 13, 2018 $11.63 Apr 21, 2018 $11.63
Jul 20, 2018 $11.63 Apr 21, 2018 $11.63
Jul 27, 2018 $11.63 Apr 21, 2018 $11.63
Aug 3, 2018 $11.63 Apr 26, 2018 $11.63
Aug 10, 2018 $11.63 Apr 26, 2018 $11.63
Aug 17, 2018 $11.63 Apr 26, 2018 $11.63
Aug 24, 2018 $11.63 May 4, 2018 $11.63
Aug 31, 2018 $11.63 May 4, 2018 $11.63
Sep 7, 2018 $11.63 May 4, 2018 $11.63
Sep 14, 2018 $69.77 May 16, 2018 $34.89
May 21, 2018 $34.89
Sep 21, 2018 $69.77 May 21, 2018 $11.63
May 25, 2018 $23.26
Jun 7, 2018 $34.89
Sep 28, 2018 $69.77 Jun 7, 2018 $34.89
Jun 11, 2018 $34.89
Oct 5, 2018 $21.63 Jun 11, 2018 $21.63

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