Seeking an investment into my sewing business
Mahmoud
Bobo Dioulasso, Burkina Faso
52% repaid
Entrepreneur
Name
Mahmoud
Member since
March 2015
On-time repayments
65 installments • 5%
About Me
I am a married man named Mamoud Saha, born 1975 in Bobo-Dioulassa in the Houet province, which is the economic capital of my country, Burkina Faso. I am a tailor by profession. I come from a poor family where my father had two wives, so us children were seven in total, four boys and three girls, of which I am the youngest. It was hard to get a meal each day and I wasn't able to finish school due to lack of money, so I decided to learn a trade to make a living and this trade was sewing. Today, I've been able to open my own sewing shop. I'm also married and I have two children, one son and one daughter who are both in school, and I'm very happy in my present home!
My Business
Thanks to the business I do today, which is sewing traditional outfits that are made from locally-made cotton cloth called "Faso Danfani," I have my own sewing workshop and I've had it for 16 years. I have three employees to whom I pay $100 a month, and rent costs $100 a month, and all this is thanks to my sewing work, since I invest $2,000 in each bulk purchase of traditional fabric and I sew them into several kinds of ready-to-wear outfits to sell them on the local market. On each outfit sold I gain a profit of $15-20. When I make my monthly evaluation, I find that I make a profit of more than $1,000, and with this revenue I am able to pay my employees and take care of other expenses. Most of all, thanks to this business I am able to see many of my dreams come true, and I want to make more come true in the future!
Loan Proposal
I will invest the loan in my sewing workshop, to develop my activity further by ordering more "Fasso danfani" fabrics and make ready-to-wear outfits for sale on the local market, and so earn a huge profit and be able to pay off the loan on time. Thank you!
About Me
Je suis un homme marié, nommé Sana Mamoud née le 01/04/1975 à Bobo Dioulasso dans la province du Houet qui est la capitale économique de mon pays le Burkina Faso, je suis couturier de profession. Je suis issue d'une famille pauvre dont mon père est polygame avec deux femmes en sa charge dont nous les enfants nous sommes au nombre de sept , dont quarte garçons et trois filles, dont je suis le benjamin de la famille. A peine on gagnait un repas par jours, j'ai pas pu continuer mes études par manque de moyen, donc j'ai décidé d'aller apprendre un métier pour gagner ma vie et ce métier c'est la couture. Et aujourd’hui j'ai pu ouvrir mon propre atelier de couture et je me suis même marié et j'ai deux enfants dont un garçon et une fille qui ont été tous scolarisé et je suis très heureux dans mon foyer!!!
My Business
Grace a mon activité que je fais aujourd’hui qui est la couture traditionnelle des habits qui sont fait à base du coton pure cultivé de chez nous appelé "Faso Danfani", j'ai propre salon de couture il y a de cela 16 ans et j'ai trois employés que je paie 100$ chacun le mois et je paie mon loyer à 100$ à chaque mois, et tout cela c'est grâce a mon travail qui est la couture , car j'investis 2000$ à chaque pour l'achat de mes tissues traditionnels appelé " Faso Danfani", et je les couds en plusieurs habits complet pour revendre sur le marché local et sur chaque habit complet vendu je gagne un bénéfice de 15 à 20$. Et quand j’évalue mensuellement je me retrouve avec un bénéfice de plus de 1000$, avec ce revenu j'arrive à payer mes employés et d'autres dépenses, et surtout grâce a cette activité j'ai pu réaliser beaucoup de mes rêves , et je veux en réaliser certains rêves d'avantage !!!
Loan Proposal
Je vais investir le pret dans mon atelier de couture, pour faire develloper plus mon activité en faisant beaucoup plus de commande de tissus de" Faso danfani", et arriver a les coudre en habits complet et pour arriver a vendre sur le marché local, pour me faire d'énorne revenu et pouvoir payer le pret à temps, merci!
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
May 4, 2015
Repayment status
Late
Projected term
65 months
Lenders
Summary
Amount repaid
$54.40
Amount remaining
$49.57
Expected completion
Oct 5, 2020
Status
Repaying late
Installment amount
$0.86
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 5, 2015 | $34.54 | Jun 5, 2015 | $34.54 |
| Jul 5, 2015 | $8.64 | Jul 16, 2015 | $8.64 |
| Aug 5, 2015 | $8.64 | Aug 14, 2015 | $8.64 |
| Sep 5, 2015 | $0.00 | ||
| Oct 5, 2015 | $1.73 | Dec 4, 2015 | $1.73 |
| Nov 5, 2015 | $0.00 | ||
| Dec 5, 2015 | $0.86 | Jan 5, 2016 | $0.86 |
| Jan 5, 2016 | $0.86 | ||
| Feb 5, 2016 | $0.86 | ||
| Mar 5, 2016 | $0.86 | ||
| Apr 5, 2016 | $0.86 | ||
| May 5, 2016 | $0.86 | ||
| Jun 5, 2016 | $0.86 | ||
| Jul 5, 2016 | $0.86 | ||
| Aug 5, 2016 | $0.86 | ||
| Sep 5, 2016 | $0.86 | ||
| Oct 5, 2016 | $0.86 | ||
| Nov 5, 2016 | $0.86 | ||
| Dec 5, 2016 | $0.86 | ||
| Jan 5, 2017 | $0.86 | ||
| Feb 5, 2017 | $0.86 | ||
| Mar 5, 2017 | $0.86 | ||
| Apr 5, 2017 | $0.86 | ||
| May 5, 2017 | $0.86 | ||
| Jun 5, 2017 | $0.86 | ||
| Jul 5, 2017 | $0.86 | ||
| Aug 5, 2017 | $0.86 | ||
| Sep 5, 2017 | $0.86 | ||
| Oct 5, 2017 | $0.86 | ||
| Nov 5, 2017 | $0.86 | ||
| Dec 5, 2017 | $0.86 | ||
| Jan 5, 2018 | $0.86 | ||
| Feb 5, 2018 | $0.86 | ||
| Mar 5, 2018 | $0.86 | ||
| Apr 5, 2018 | $0.86 | ||
| May 5, 2018 | $0.86 | ||
| Jun 5, 2018 | $0.86 | ||
| Jul 5, 2018 | $0.86 | ||
| Aug 5, 2018 | $0.86 | ||
| Sep 5, 2018 | $0.86 | ||
| Oct 5, 2018 | $0.86 | ||
| Nov 5, 2018 | $0.86 | ||
| Dec 5, 2018 | $0.86 | ||
| Jan 5, 2019 | $0.86 | ||
| Feb 5, 2019 | $0.86 | ||
| Mar 5, 2019 | $0.86 | ||
| Apr 5, 2019 | $0.86 | ||
| May 5, 2019 | $0.86 | ||
| Jun 5, 2019 | $0.86 | ||
| Jul 5, 2019 | $0.86 | ||
| Aug 5, 2019 | $0.86 | ||
| Sep 5, 2019 | $0.86 | ||
| Oct 5, 2019 | $0.86 | ||
| Nov 5, 2019 | $0.86 | ||
| Dec 5, 2019 | $0.86 | ||
| Jan 5, 2020 | $0.86 | ||
| Feb 5, 2020 | $0.86 | ||
| Mar 5, 2020 | $0.86 | ||
| Apr 5, 2020 | $0.86 | ||
| May 5, 2020 | $0.86 | ||
| Jun 5, 2020 | $0.86 | ||
| Jul 5, 2020 | $0.86 | ||
| Aug 5, 2020 | $0.86 | ||
| Sep 5, 2020 | $0.86 | ||
| Oct 5, 2020 | $0.35 | ||
Ask Mahmoud a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.