Expansion of my dress making shop

Evelyn

Accra, Ghana

51% repaid

Entrepreneur

Name

Evelyn

Member since

August 2015

On-time repayments

36 installments  •  61%

About Me

my name is Evelyn Akpene Hotor, A seamstress in a small shop around the club thousand hotel in pig farm Accra-Ghana.
I am married to Mr. Moses Hotor. We have four children and are all girls, three of our children are in school while the last born is yet to start schooling.
My husband`s earnings are inadequate to support our children education, so everything concerning the shop i work in, is solely handled by me. Nevertheless, it`s my responsibility to help my husband, in the affairs of our children and home but in the same time, my shop is almost at the verge of collapse. The structure of the shop is being eaten by termites and there`s no way it can be controlled than to demolish it down and rebuild it up.

My Business

I operate as a seamstress in a small shop, close to my house. With the little earnings i make from the services i render to my clients, i am able to save some amount of money to carter for my children in school, but then due to the up-downs in the business of sewing, sometimes it`s really hard to make an ends meat, not to talk of saving some amount. Meanwhile, there`s the need for me to save towards the repairs of my shop so that i can meet the public demand of a standard shop in terms of branding. But i am convinced that, once i am able to renew the status of my shop, i will be winning new customers for the time being while i plan towards enlarging my business.

Loan Proposal

In all humility, i wish to apply for a second loan upon completion of my first loan repayment. With current credit limit, i should be able to buy all the materials i need to complete the rehabilitation works on my shop and even have enough money to buy some pieces of cloths to sew in to dresses and sell within this festive season. With $277.00 i would be able to transform the brand of my shop, and that would invite more customers to my shop

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$299.00

Date disbursed

Dec 20, 2015

Repayment status

Late

Projected term

5 months

Other loans

Lenders

nicole

Worcester, Ma, United States

Hope2012

United Kingdom

J

JeanSmith

Mercer County, United States

B

blahblah

Nuernberg, Germany

H

hilde

seattle, United States

Shealady

Halifax, Nova Scotia, Canada

Stefano Bertolo

Luxembourg, Luxembourg

Paul

Crandon, United States

JC

Justin cohan

United States

LT

Laura Thomson

Inverness, United Kingdom

E

Elynne

United States

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Summary

Amount repaid

$150.00

Amount remaining

$141.75

Expected completion

Jun 10, 2016

Status

Repaying late

Installment amount

$12.50

Repayment History

Expected Payments Actual Payments
Jan 1, 2016 $12.50 Jan 5, 2016 $12.50
Jan 8, 2016 $12.50 Jan 10, 2016 $12.50
Jan 15, 2016 $12.50 Jan 17, 2016 $12.50
Jan 22, 2016 $12.50 Jan 24, 2016 $12.50
Jan 29, 2016 $12.50 Feb 2, 2016 $12.50
Feb 5, 2016 $12.50 Feb 6, 2016 $12.50
Feb 12, 2016 $12.50 Feb 21, 2016 $12.50
Feb 19, 2016 $12.50 Feb 21, 2016 $12.50
Feb 26, 2016 $12.50 Mar 6, 2016 $12.50
Mar 4, 2016 $12.50 Mar 6, 2016 $12.50
Mar 11, 2016 $12.50 Mar 31, 2016 $12.50
Mar 18, 2016 $12.50 Mar 31, 2016 $12.50
Mar 25, 2016 $12.50
Apr 1, 2016 $12.50
Apr 8, 2016 $12.50
Apr 15, 2016 $12.50
Apr 22, 2016 $12.50
Apr 29, 2016 $12.50
May 6, 2016 $12.50
May 13, 2016 $12.50
May 20, 2016 $12.50
May 27, 2016 $12.50
Jun 3, 2016 $12.50
Jun 10, 2016 $4.25

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