African fabrics for dressmaking

Adu

Berekum, Ghana

1% repaid

Entrepreneur

Name

Adu

Member since

January 2019

On-time repayments

21 installments  •  57%

About Me

I am called Adu Gertrude Nyarko. I am twenty three years and a student. I'm a native of Berekum and live in Nyamebekyere A to be precise. I live alone in my own apartment though its a rented one. I am in a relationship but not yet married. I am very active when it comes to work. I wish to grow and become a great entrepreneur a day to come. I had some of my education in Berekum and and also in relevant towns across the country Ghana. My primary education was received in Berekum at Christ The King Academy and j.h.s as well. Also I obtained my secondary school certificate from Yaa Asantewaa Girls Senior High School located in Tanoso, Ashanti region. I use my leisure time in listening attending entrepreneurial seminars and listening to multinational speakers.

My Business

I work in my own boutique where I sell a lot of clothes. I sell variety of clothing which includes shirts, suit,trousers and many other stuffs. My weekly income is GHS180. My profit is GHS30. I love selling and I have lived the most enjoyable part of my life in doing so. That was why in the first place I opted for this kind of work. I also chose this business because of the financial gains attached to it. I have done this business for approximately four years. I started with my own savings and later on collected a loan from a local bank to support it. I also want to add the local fashion, that is blending the African prints as they call it with that of the Westerners. This is because the demand of such clothes on the market is touching the sky. It therefore comes with a lot of revenue because there is no import duty on it.

Loan Proposal

Thank you my lenders. I decided to use my previous loan to buy more African prints. It has been a wonderful experience nurturing that ideas. I have received several orders from a large number of my customers. Many of these orders were placed today. It has put a little pressure on me on how to meet the demands of all my customers in time. This pushed me to use all of my previous loan in supporting a Taylor to sow these prints for me. I envisage this idea of entering into the sales of African Prints is very good should things go as envisaged. I therefore intend to use all(100%) in buying the African print from the Taylor on wholesale price. I will then meet the demands of my customers. It will then increase my revenue and also create income for my taylor.

Feedback

1

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  • Ivanof    Apr 26, 2019

    Adu is a reliable woman. Very fast repayment.

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    • Adu    Apr 26, 2019

      Thank you Ivanof. I wish you continue to help me always.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$232.00

Date disbursed

May 16, 2019

Repayment status

Late

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

Anna Hoad

Toronto, Canada

Stephan W

Witten, Germany

Tom Eggert

Madison, United States

Ren

Minneapolis/StPaul, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

RM

Roddy Murray

United Kingdom

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  • Tom Eggert    Feb 18, 2020

    When will you pay back this loan?

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  • guenter    Oct 3, 2019

    Hi Adu, how are you doing?

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  • Michael Thurm    Aug 16, 2019

    Hi Adu, are you making any progress in your business?

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  • Maggie and M    Jul 27, 2019

    How are you doing, Adu?

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  • Adu    Jul 6, 2019

    My business is nit in good shape now. Hope to increase my payments as soon as possible

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  • Adu    May 21, 2019

    I want to keep the loan for a while.

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  • Adu    May 16, 2019

    Thank you for helping me out. I am going to use it to buy more African prints.

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  • Eric West    May 14, 2019

    I am very impressed with both your attitude and your outlook on life . . . I am both privileged, and thankful, that I am able to help you with your loan request . . .
    Eric

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  • Adu    May 12, 2019

    I must say i am grateful to you all who played a role in raising funds for loans. My revenue has increased when i started selling the African prints. I need finds to help me buy more African prints. Help me raise funds for the loan i am about to post. Thank you.

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  • Adu    May 5, 2019

    I have been paying my loans very early and due to that I am currently not qualified for a base credit increase. So I want to pay it in smaller installments in order to qualify for a base credit increase.

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  • Adu    Apr 29, 2019

    I thank all my lenders. I thank you for having faith in me by giving me you money. I going to use this money to buy African print for my shop. This will enable me meet the demands of my customers and also the current trend of the market. This in turn will increase my revenue and also generate income for few people around who will lend a hand in producing the prints. Thank you.

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  • Adu    Apr 26, 2019

    I have completed the payment of GHS 522. It has help improve my business and increased my revenue all thanks to you my lenders.

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  • Adu    Apr 24, 2019

    I am going to buy new local prints. This will help me meet the demands of my customers. This will help increase my revenue and not only me but those who sell local print fabrics are going to earn through me. This is amazing. I really thank the lenders who chose to help me.

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  • Anja    Apr 23, 2019

    Good idea to buy local prints - you serve your customers and make money from it and the people that make that fabric also earn through you.
    Hope it works out as you planned :)

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  • Adu    Apr 20, 2019

    I really thank all those who lend me their monies in funding my previous loan. I received an amount of GHS120 and from it GHS78 was disbursed. I used all in reinventing into my business. I bought one tuxedo shirts which cost GHS70. Upon selling the shirt I made GHS15 crisis profit which was added to.my revenue. This I have received an increase in my revenue that is awesome. I will like buy more brands of shirts so I need the help of my lovely lenders to assist me find this loan as soon as possible. I also thank the entire Zidisha team.

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  • Adu    Jan 24, 2019

    A loan which I took from this organization which was GHS 109 has been paid fully. I thank all those who played a part in funding my loan. Thank you.

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