Stock of colourful Bonwire Kente cloth

Entrepreneur

About Me

I was born at Bonwire in Ashanti region where l started my basic education. l gained admission into Kumasi Anglican High School (KASS). l was single parented by my mother from 1999 after my father passed away. This brought a bigger financial constraint so l have to weave kente cloth and sell to support my mother to take care of my education; and this continued during my undergraduate studies. currently l weave, buy and sell kente cloth concurrently with my studies in M.Phil Environmental Science at the University of Cape Coast, Ghana. one funny thing about my hometown is that kente weaving is a traditional occupation, nobody teaches you, once you are a native and born in the town, you become an automatic weaver.

My Business

l will use the loan to boost the production and sale of my kente cloth. l have chosen to sell kente cloth because it is locally made but have domestic and international attraction. In Ghana people use kente for every major occasion that requires colourful designs. The cost of production is determined by many factors such as the cloth being men or women size, the category of the designs employed in the cloth and their complications. this time the the loan can help me produce the first class cloth natively called "edwene si edwene so" (art on art). l will use the profit to stipend myself as an M.Phil. Student.

Loan Proposal

I will use the loan to by more yarns to produce more colourful Kente Clothes. The yarns l use for the kente production are cotton and rayon. I will buy 3 different boxes of cotton, each box costing $ 70 (GHs 308.73). The cost of the will be $210. l will then use the rest of the money to buy two boxes of rayon which is slightly expensive than the cotton. Each box cost $90 (GHs 396.94). This will however help to revamp my kente cloth production.
Thank you

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