Buying sewing machine for dress making shop

Entrepreneur

About Me

My name is Ernestina ferkaa from Berekum. The name of my parents are Mr and Mrs ferka Solomon from Atuuna in Brong ahafo region, but now lives in Berekum with my dad alone. My mother has passed away two years ago.
I started my basic school at Atuuna D/C primary school at the age of six with both my parents in atuuna .
I completed my primary school education at Atuuna.
My family moved to Berekum and i acquired my junior high school certificate at Berekum presby junior high school and from there my mother passed away so I couldn't continue my education again so my father decided to dress making and this is where am working now.
Interns of hardship the first thing I do is pray to God for his guidance and also consult people who are ahead in that sector for advice.
I started a daily contribution to micro finance and they assist my to raise money to start my business.
The unique thing about the land or culture is 70% of the adults are farmers.
Since I didn't get good education, I want to support my children to become layers and doctors in future.
The unique past time is that, I was a netball team captain and I was able to lead the team to win a trophy for my school.

My Business

I am seamstress and I sow shirt for individuals and groups. I want to buy electric sowing machine to make my work easy and simple.
People are now into African wear business so I sow and supply my customers to sell for me.
Now I want to buy neaten device.
And they will get money for their family. And in this case unemployment rate has reduced. People's life will be improved.
Please this time round am going to use this loan to open my own shop.

Loan Proposal

I am seamstress and I sow shirt for individuals and groups. I want to buy electric sewing machine to make my work easy and simple.
People are now into African wear business so I sow and supply my customers to sell.
The cost of the machine is 100$ and I can get profit of 100$ every month.
Am going to use the profit to expand my business so that I can produce more to supply my customers and during that time I will get more profit to cater for my family.
Also, when am able to expand my business, am going to employ more people to work with. And they will get money for their family. And in this case unemployment rate has reduced. People's life will be improved since they are working.

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