Loan to buy materials and equipment for my clothing busines
Akua Gloria
Amantin, Ghana
3% repaid
Entrepreneur
Name
Akua Gloria
Member since
September 2015
On-time repayments
64 installments • 41%
About Me
My name is Akua Gloria Kamayo a girl from Amantin in the Brong Ahafo region of Ghana.I am 29 years of age. I started my basic school at A mantin English and Arabic.I also went to senior high at Ejuraman secondary school a town near to my home town.After my senior high,i went to a vocational school at Atebubu where i lent how to sew cloths for both men and women. I lent it for four years before i got my certificate .My parents are Mr and Mrs kyere.I have two brothers and one sister .I am the second born to my parents .i The food i like best is fufu and my hobbies are watching movies and swimming.and dancing.
My Business
I started my business some years after completing my education. I have my own shop which i worked in .I am a seamstress who sew children,men and women cloths.I have two apprentice who help me in sewing my customers cloths.The name of my business is GOD IS GOOD FASHION AND DESIGN.I manage to get 65% profit every week. It is my dream to expand my business by employing people who have just completed their seamstress school and those who are yet to lean.This will enable me to increase my profit.
Loan Proposal
I thank you for the second loan ggiven me. It really made tremendous boost in my clothing production business.
I now need a third loan of $606.00 to purchase more materials and equipment to help me in my clothing business.
Below is a breakdown of how the loan of $606.00 will be used;
10 rolls of stiff will cost $100.00 at 10 dollars per roll.
10 rolls of linen will cost $100.00 at 10 dollars per roll.
20 sets of white material will cost $200.00 at 10 dollars per set
10 sets of African material will cost $100.00 at 10 dollars per set
10 sets of assorted material will cost $100.00 at 10 dollars per set
Sewing thread, needles, safety pins and other miscellaneous will cost $6.00
My weekly profit is expected to increase by 30% if all the listed items are acquired.
As usual, I promise to pay back all my loans as scheduled.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$606.00
Date disbursed
Apr 29, 2016
Repayment status
Late
Projected term
63 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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