A loan for capital addition and equipment acquisition

Donkor

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Donkor

Member since

June 2020

On-time repayments

43 installments  •  70%

About Me

I am Kenneth Isaac Donkor, 36, and footwear manufacturer in Ghana. Due to financial constraints, there's retrogression in my work hence my eagerness to join Zidisha for financial support.

My Business

I am into footwear production. I depend mostly on little orders I get from customers which comes seldomly. Sometimes, Bank loans which due to high interest rates doesn't help.

Loan Proposal

I am once more applying for your financial support to enable me upscale my production. This loan, if granted to me would serve the purpose of increased production, widened market, and also, to purchase some production equipments.

Income Source

This pandemic and its effect is a double faceted situation; by this, I mean that, coupled with it's negative effects is a blessing in it's disguised form in the area of technology. Most of my transactions are done via the few social media platforms I have, and it has really proven it's worth.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$245.00

Date disbursed

Aug 11, 2020

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

Ask Donkor 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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  • Donkor    Aug 2, 2021

    Due to unforeseen lapses in my financial inflows, I would like to adjust my payment schedule in order to manage my outstanding debt and to pay out.

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  • Donkor    Jul 14, 2021

    There has been unexpected disruption in my financial inflows, which has adversely affected my payment schedule. So, I think this adjustment can help me pay out my due amount.

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  • Donkor    May 4, 2021

    The change in the instalment is due to some little difficulty I'm encountering retrieving the payment for goods delivered to customers. I hope for a future positive outcome. Thank you for bearing with me.

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  • Donkor    Mar 10, 2021

    Thanks once more to you my kind lenders for the invaluable kindness shown to me.
    After all the deductions, I've received GH¢ 2038.
    I'll make sure I put it into a judicious use in order to repay, and to benefit from it as purposed for.
    God bless you so much.

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  • Donkor    Mar 9, 2021

    This is my special regards to you, my lenders for your benevolence aimed at seeing to the growth of my business and in effect, my well being, especially, in such a crunchy time as this; you'll forever be in my prayers that the Almighty father should bless all you do and to make all your endeavors successful in accordance with his will.
    This fund will be duly invested in my business for the acquisition of tools and leathers for a large scale production and with prayer, hard work, and your well wishes, I'll make it. Thanks so much and may God bless us all.

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  • Donkor    Mar 3, 2021

    Thanks so much Laurie . God bless you. I'm really grateful for the feedback. Stay safe!

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    • (Comment deleted by author)

      • Donkor    Mar 5, 2021

        I'm affectionately called Kenn; so, I prefer that, Laurie!

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  • Donkor    Mar 2, 2021

    I've received the message requesting for the samples of my productions, but unfortunately for me, most of it are deleted, but I've this to upload.

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  • Donkor    Mar 2, 2021

    Hello Laurie, I tried uploading the requested pictures but the feedback was that, the file is too big. So, I'll do so after I've done the settings .

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  • Mary    Feb 28, 2021

    What kind of footwear do you make Donkor? Can you post a photo or two?

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  • Margaret    Feb 21, 2021

    Thank you for keeping us updated on the state of you business because of covid. We are glad to hear things have picked up again for you. Good luck with your new loan!

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    • Donkor    Feb 23, 2021

      You're always welcome, Margaret! I'm also grateful for your best wishes and may God richly bless you!

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  • Donkor    Feb 18, 2021

    This post is special notification for my benevolent lenders who have made my manufacturing business worth pursuing. My financial outlook is gradually improving as I'm able to put bits aside for the unforeseeable future.
    My last repayment saw some delays owing to a the current pandemic and it's twist and turns, but having stayed the tide , I'm hereby acknowledging the patience the team exercised by coaching me to revise my schedules which really paid off , enabling me to this far.
    I still look forward to working with zidisha till the end of the road.
    Thank you very much and may God bless us all!

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  • Donkor    Feb 3, 2021

    I regret to have delayed on my payment schedule owing to an unexpected challenges encountered over the past three months. I am making this this installment to enable me repay my amount due. Thank you.

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  • Donkor    Jan 4, 2021

    Owing to unexpected business turnout which blocked my Cash inflow, my finances had been affected adversely, hence the need for this adjustment.

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  • Monica    Jan 4, 2021

    Kenneth reference told me he will advise him to make payment or better still adjust it

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  • Donkor    Nov 23, 2020

    This installment adjustment is owing to fact of my inability to meet my targeted payments.
    I am very hopeful of things changing for the better after the expiration of my number of days of adjustment .
    I am regretful of every inconvenience this might have doubtlessly caused my lenders.

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  • Monica    Nov 23, 2020

    Donkor told me he will start the repayment soon

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  • Donkor    Oct 29, 2020

    I'm not able to pay full installment amount owing to reduction in sales. But I'm hopeful of things turning around at least for after this fortnight adjustment made. Every inconvenience caused is apologized for!

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  • Donkor    Sep 12, 2020

    A special acknowledgement to my lenders for willingly extending a hand of kindness to me by funding my loan application, may God continue to bless your endeavors.
    This facility is aimed at adding up to my working capital in order to upscale production. Thank you so much team Zidisha, God bless you all.

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  • Donkor    Sep 11, 2020

    This is notify my benefactors, Mr Paul Buccheit, and team Zidisha for the immense contribution to making my business better by the day. I'm very grateful to you for the relentless service to making lives better, including myself. Thank you so much!

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  • Donkor    Sep 9, 2020

    I have a pending business order to prefinance, hence the need to adjust my payment to afford me time to reapply for next facility.

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