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

7

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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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  • Gloria    May 24, 2022

    I would like to reduce my instalment amounts to help me maintain a good payment record

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  • Gloria    May 4, 2022

    Will pay outstanding balance by the end of month. I couldn't work much this month due to circumstances beyond my control.

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  • Gloria    Mar 15, 2022

    This contribution will go a long way to help to achieve my business goals... A step at a time. Thank you for your support

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  • Gloria    Mar 15, 2022

    Thank you for your support and encouragement. I'm very grateful for your contributions.

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  • Isahaku    Mar 15, 2022

    Good luck to you

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  • Jean Garcia-Gomez    Mar 12, 2022

    Good luck!

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  • Thomas    Mar 12, 2022

    Keep growing

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  • Gloria    Mar 11, 2022

    Thank you for your continuous support. I'm very grateful for the progress made so far

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  • Gloria    Dec 31, 2021

    Thank you all for supporting my project. Your support will go a long way to help me expand my business. With this loan I will expand and start an eyewear section of my business. I really appreciate you!

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  • Gloria    Dec 31, 2021

    Thank you!

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  • Gloria    Dec 31, 2021

    Thank you so much for supporting my project. I really appreciate you!

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  • Stephen    Dec 29, 2021

    Work hard

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  • Gloria    Dec 28, 2021

    Hello... It's me again. Thank you for your support for my small business. I'm so grateful for the growth we've experienced through the help from this community.

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  • Gloria    Aug 31, 2021

    Thank you for your encouragement and support! I’m blessed to have met you all through this platform. All the best in your ventures too

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  • Mark Weir    Aug 28, 2021

    Best of luck with your venture Gloria!

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  • Gloria    Aug 25, 2021

    Thank you so much for contributing towards my business. I was able to purchase inventory and pay back much earlier than I anticipated. I’m grateful.

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  • Gloria    Aug 12, 2021

    Thank you for your support!

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  • Gloria    Jul 18, 2021

    Thank you so much Eric for your support! I’m grateful.

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  • Eric West    Jul 17, 2021

    Gloria, it is my pleasure to help enable you in the growth / development of your business . . . I pray for God's Blessings to be upon You . . :-)
    Eric

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