Inventory of buying new material for my tailoring shop

Stephen

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Stephen

Member since

August 2015

On-time repayments

74 installments • 85%

About Me

Team zidisha this is Stephen Tabiri from Berekum. I am a professional tailor. I learned the business as an apprentice. I sew both men and women clothings. I am twenty-nine years of age. I am single and yet to get married. Mr Kofi kumah & Mrs Abenaa Gyamfuaa are my parents. My mum is from obuasi and my dad from Berekum. I am the second of seven. My previous loans has helped me a lot.

My Business

Mine is a small business premise dealing with tailoring and dress making, at my shop i have a good business i mainly deal with women and men clothes. this is how i earn

monthly turn over $500
Expenses approx.(business) $115
Rent and food & other expenses $ 93
Miscellaneous $ 60

Balance $232

That is how my business is and the amount of money i make from it. going with these figure i will be able to service my loan without any problems. There are no serious risks other than some few competitions but i know all is well in a competitive market.Thank You in advance.

Loan Proposal

I will buy men and women materials, women materials costing $70 and men materials costing $60
Will increase my earnings and stock and customers will get their desire materials at easy
My profit increase to 90%