To purchase designer sewing machine
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
I need this loan to buy designer sewing machine for my shop. In the near future I intend to open additional shop, by so doing, I can employ more hands thereby creating jobs for the teeming jobless youth in my community, who has the skills to sew. I also wish to sew more than I am currently doing so that I can send to ministries and offices to sell so that I can increase my profit margin and also pay my workers well.
More profits for my business also means that I can venture into other viable businesses like my dream of establishing a sewing training institute one day with the assistance from Zidisha.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$372.00
Date disbursed
Jan 9, 2017
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, 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.
Will Oct 28, 2017
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