Renovation and repair of my clothing shop
Evelyn
Accra, Ghana
100% 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
i wish to apply for a loan of Ghs555.00 to enable me embark on a rehabilitation work on my clothing shop. Haven done an assessment my shop, i realized that there was the need for a rehabilitation works and an expansion work on my shop. This will boost up the patronage of client and also attract more clients to my shop.
NEEDS: building materials such as, building cement, wood, paint etc. cost...Ghs 300.00
labor cost..Ghs 250.00 for masonry and painting
benefit... the new look of my shop would attract more clients and more cloths would be sewn and more profit would be earned.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Aug 27, 2015
Repayment status
On Time
Projected term
2 months
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Summary
Amount repaid
$145.75
Amount remaining
$0.00
Date repaid
Nov 26, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 6, 2015 | $12.50 | Sep 7, 2015 | $12.50 |
| Sep 13, 2015 | $12.50 | Sep 11, 2015 | $12.50 |
| Sep 20, 2015 | $12.50 | Sep 18, 2015 | $12.50 |
| Sep 27, 2015 | $12.50 | Sep 25, 2015 | $12.50 |
| Oct 4, 2015 | $12.50 | Oct 2, 2015 | $12.50 |
| Oct 11, 2015 | $12.50 | Oct 11, 2015 | $12.50 |
| Oct 18, 2015 | $12.50 | Oct 23, 2015 | $12.50 |
| Oct 25, 2015 | $12.50 | Oct 23, 2015 | $12.50 |
| Nov 1, 2015 | $12.50 | Nov 3, 2015 | $0.25 |
| Nov 3, 2015 | $12.25 | ||
| Nov 8, 2015 | $12.50 | Nov 3, 2015 | $0.25 |
| Nov 11, 2015 | $12.25 | ||
| Nov 15, 2015 | $12.50 | Nov 11, 2015 | $0.25 |
| Nov 16, 2015 | $12.25 | ||
| Nov 22, 2015 | $8.25 | Nov 16, 2015 | $0.25 |
| Nov 26, 2015 | $8.00 | ||
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