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.
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.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$372.00
Date disbursed
Jan 9, 2017
Repayment status
On Time
Projected term
4 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.
Amount repaid
$366.05
Amount remaining
$0.00
Date repaid
May 13, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 20, 2017 | $19.25 | Jan 20, 2017 | $19.25 |
Jan 27, 2017 | $19.25 | Jan 20, 2017 | $4.81 |
Feb 3, 2017 | $14.44 | ||
Feb 3, 2017 | $19.25 | Feb 3, 2017 | $9.63 |
Feb 10, 2017 | $9.63 | ||
Feb 10, 2017 | $19.25 | Feb 10, 2017 | $14.44 |
Feb 17, 2017 | $4.81 | ||
Feb 17, 2017 | $19.25 | Feb 17, 2017 | $19.25 |
Feb 24, 2017 | $19.25 | Feb 24, 2017 | $19.25 |
Mar 3, 2017 | $19.25 | Feb 24, 2017 | $4.81 |
Mar 4, 2017 | $14.44 | ||
Mar 10, 2017 | $19.25 | Mar 4, 2017 | $9.63 |
Mar 10, 2017 | $9.63 | ||
Mar 17, 2017 | $19.25 | Mar 10, 2017 | $14.44 |
Mar 18, 2017 | $4.81 | ||
Mar 24, 2017 | $19.25 | Mar 18, 2017 | $19.25 |
Mar 31, 2017 | $19.25 | Mar 25, 2017 | $19.25 |
Apr 7, 2017 | $19.25 | Mar 25, 2017 | $4.81 |
Apr 2, 2017 | $14.44 | ||
Apr 14, 2017 | $19.25 | Apr 2, 2017 | $9.63 |
Apr 8, 2017 | $9.63 | ||
Apr 21, 2017 | $19.25 | Apr 8, 2017 | $14.44 |
Apr 15, 2017 | $4.81 | ||
Apr 28, 2017 | $19.25 | Apr 15, 2017 | $19.25 |
May 5, 2017 | $19.25 | Apr 21, 2017 | $19.25 |
May 12, 2017 | $19.25 | Apr 21, 2017 | $4.81 |
Apr 30, 2017 | $14.44 | ||
May 19, 2017 | $19.25 | Apr 30, 2017 | $9.63 |
May 7, 2017 | $9.63 | ||
May 26, 2017 | $19.25 | May 7, 2017 | $14.44 |
May 13, 2017 | $4.81 | ||
Jun 2, 2017 | $0.24 | May 13, 2017 | $0.24 |
Will Oct 28, 2017
Loading...