Loan for 20 african bags and kente

Entrepreneur

About Me

I am Winifred Boamah, a Ghanaian and a graduate in Swahili and Political Science. I am from a family of eight and the oldest of my siblings. Am currently doing my national service at University of Ghana, Legon-Accra. I love to learn other languages because I believe language breaks all forms of barriers and the limited number of languages one has acquired determines his or her limitation in the world.

I am a young lady who is aspiring to become an entrepreneur in order to contribute to the socio-economic development of my community and encourage and support new start-ups in my Region and Ghana has whole.

My Business

My small-scale business is basically about the buying and selling of Kente Clothes. Kente cloth - has its origin with the Ashanti Kingdom, and was adopted by people in Ivory Coast and many other West African counties. It is an Akan royal and sacred cloth worn only in times of extreme importance and was the cloth of kings. Over time, the use of kente has become more widespread due to the prestige attached to it hence increasing the demand for the cloth. However, its importance has remained and it is held in high esteem with Akans as well as Africans in the diaspora.
As a business strategy,I sell out my Kente Clothes to individuals, students, and government workers at a relatively lower prices and this has attracted a high demand for my goods.
Despite the high demand for my Kente goods, I am financially challenged and would like to use this platform for a loan to expand my Kente business.

Loan Proposal

My Previous loan from Zidisha lenders has helped me a lot!!! The positive impact of the loan on my business has empowered me to expand my kente business by helping me venture into another African made product ie. The production and sale of African bags made out of either kente or African clothes.
Acquisition of a loan of $600 from lenders will help me sustain my kente cloth business and it will go a long way to help me produce 20 African bags. After observing the market for a while, it was observed that there is a high demand for goods with an African taste and my pilot survey which I made among my customers has proven it right and this accounts for my reason of venturing into the production and sale of African bags, alongside sale of kente clothes. This will indirectly help promote and sustain locally produced goods in general. Lenders should help me because it will help the expansion of my business within my community and other communities around me. I will repay this Loan through my earnings so Lenders should kindly support me. Thank You.

Feedback

Loan Info

Lenders