Name
Susana
Member since
December 2016
On-time repayments
113 installments • 78%
I am from the upper West Region of Ghana. I was born on the 9th June, 1963. I am married to Mr. Felix Kondayire. I have 5 children made up of 4 girls and a boy. Three of my daughters are still in school. My husband is the breadwinner of the family, both the nuclear and the extended family. It is really a difficult task for him. His salary is mostly used to cater for our children's needs both in school and home, family up keep as well as his extended family up keep. I applied for a loan to aid in my sowing business expand but the interest is not favoring me in my business and the mode of payment is not favorable and profit is used to pay for the loan.
I am a dress maker and i also want to do tie and die clothing. I sow dress dresses for the young and the older ones. I also want to buy a new sowing machine to enhance my business. I also want to start selling pieces of cloths.
I want to use the profit i get to plough back into the business and also help my husband to pay our children's school fees.
When this loan is granted to me, i will first of all buy a new sewing machine which goes for $180.74 since my current sewing machine is getting old and wore out.
I will then use $100.99 to buy food stuff for cooking at home for the month
The new sewing machine will help me do my work faster and this will help finish most of the orders i get from my clients and this will help me work on more orders and this will increase my profit.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Jun 12, 2019
Repayment status
On Time
Projected term
6 months
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