Loan to buy inventory for my jewellery business venture

Gloria

Tema , Ghana

100% repaid

Entrepreneur

Name

Gloria

Member since

November 2017

On-time repayments

114 installments  •  82%

About Me

I am Gloria Agbadi, a 23 year old Ghanaian, Biomedical Engineering graduate from the Kwame Nkrumah University of Ghana. I had my primary and junior high school education at St Mary's International School and Better Best Academy respectively after which I studied General Science at Achimota Senior High school.
I have a peculiar interest in fashion and colours which found me searching for new jewellery designs in my leisure periods. Bead making in a ind
igenous activity in Ghana and beaded accessories are an irreplaceable item in our cultural dressing.
Growing up in a country like mine where graduate unemployment is on the rise, I decided to turn my interest in bead making into an employment opportunity for myself and others.
After 3 years of bead making I developed an interest in fine jewelry and now learning and developing new skills in the field.

My Business

Fashion is a fast growning industry all around the world . It is a very promising one with very high demands since clothing is a basic human need. I want to promote African fashion especially beaded accessories. Through my Zidisha loans, I have been able to fund my business advertisements on social media and widen my customer base by 250%. My goal is to expand my business to a world class beaded accessory and jewellery production company. The profit I make is reinvested into buying more raw materials and equipment to increase production.

Loan Proposal

The loan will enable me purchase more jewelry inventory for my jewelry business. I will purchase raw materials for custom jewelry production and more chains and accessories for the growing demand of products.

Income Source

Over the few years my business has built a stable social media and online presence. 50% of sales are made online and thus we are still able to do business regardless of the covid-19 pandemic... However, total number of sales have been affected by the pandemic.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$133.00

Date disbursed

May 5, 2020

Repayment status

On Time

Projected term

3 months

Lenders

Franmiguel

Perth, Australia

Jonathan Ely

Aldershot, United Kingdom

JH

Joseph Hwang

Houston, United States

Sayuri

United Kingdom

Ask Gloria 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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