Vincent
Fadama, Accra, Ghana
100% repaid
Name
Vincent
Member since
January 2017
On-time repayments
113 installments • 75%
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 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.
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.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$998.00
Date disbursed
Nov 9, 2017
Repayment status
On Time
Projected term
10 months
Other loans
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
Loading...