African fabrics for dressmaking

Adu

Berekum, Ghana

1% repaid

Entrepreneur

Name

Adu

Member since

January 2019

On-time repayments

21 installments  •  57%

About Me

I am called Adu Gertrude Nyarko. I am twenty three years and a student. I'm a native of Berekum and live in Nyamebekyere A to be precise. I live alone in my own apartment though its a rented one. I am in a relationship but not yet married. I am very active when it comes to work. I wish to grow and become a great entrepreneur a day to come. I had some of my education in Berekum and and also in relevant towns across the country Ghana. My primary education was received in Berekum at Christ The King Academy and j.h.s as well. Also I obtained my secondary school certificate from Yaa Asantewaa Girls Senior High School located in Tanoso, Ashanti region. I use my leisure time in listening attending entrepreneurial seminars and listening to multinational speakers.

My Business

I work in my own boutique where I sell a lot of clothes. I sell variety of clothing which includes shirts, suit,trousers and many other stuffs. My weekly income is GHS180. My profit is GHS30. I love selling and I have lived the most enjoyable part of my life in doing so. That was why in the first place I opted for this kind of work. I also chose this business because of the financial gains attached to it. I have done this business for approximately four years. I started with my own savings and later on collected a loan from a local bank to support it. I also want to add the local fashion, that is blending the African prints as they call it with that of the Westerners. This is because the demand of such clothes on the market is touching the sky. It therefore comes with a lot of revenue because there is no import duty on it.

Loan Proposal

Thank you my lenders. I decided to use my previous loan to buy more African prints. It has been a wonderful experience nurturing that ideas. I have received several orders from a large number of my customers. Many of these orders were placed today. It has put a little pressure on me on how to meet the demands of all my customers in time. This pushed me to use all of my previous loan in supporting a Taylor to sow these prints for me. I envisage this idea of entering into the sales of African Prints is very good should things go as envisaged. I therefore intend to use all(100%) in buying the African print from the Taylor on wholesale price. I will then meet the demands of my customers. It will then increase my revenue and also create income for my taylor.

Feedback

1

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  • Ivanof    Apr 26, 2019

    Adu is a reliable woman. Very fast repayment.

    Log in to reply • Share
    • Adu    Apr 26, 2019

      Thank you Ivanof. I wish you continue to help me always.

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$232.00

Date disbursed

May 16, 2019

Repayment status

Late

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

Anna Hoad

Toronto, Canada

Stephan W

Witten, Germany

Tom Eggert

Madison, United States

Ren

Minneapolis/StPaul, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

RM

Roddy Murray

United Kingdom

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Summary

Amount repaid

$1.66

Amount remaining

$230.65

Expected completion

Sep 10, 2019

Status

Repaying late

Installment amount

$0.21

Repayment History

Expected Payments Actual Payments
May 28, 2019 $0.41 May 19, 2019 $0.21
May 21, 2019 $0.21
Jun 4, 2019 $0.21 Jun 11, 2019 $0.21
Jun 11, 2019 $0.21 Jun 11, 2019 $0.21
Jun 18, 2019 $0.21 Jun 21, 2019 $0.21
Jun 25, 2019 $0.21 Jun 30, 2019 $0.21
Jul 2, 2019 $0.21 Jun 30, 2019 $0.21
Jul 9, 2019 $0.21 Jul 6, 2019 $0.21
Jul 16, 2019 $0.21
Jul 23, 2019 $0.21
Jul 30, 2019 $0.21
Aug 6, 2019 $0.21
Aug 13, 2019 $0.21
Aug 20, 2019 $58.18
Aug 27, 2019 $58.18
Sep 3, 2019 $58.18
Sep 10, 2019 $55.07

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