Industrial machine for my clothing production

Ishmail

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Ishmail

Member since

December 2014

On-time repayments

249 installments  •  43%

About Me

My father use to be rich man till he and my mother got divorced and everything turn against him so he sold he his that we use to live and rented one single room for us to stay and from there I was not going school again that slow my studies.
I have to learn how to sew cloth from my father's friend and he was really helpful.
From my father's friend where I learn the sewing job plan to get me a place one day.
Our land is very rich of planting crops.
I don't have a child yet.
I love reading story books and staying on the internet to check other things.

My Business

I am a fashion designer with eight years experience, I design cloths for people.
My goods are demanded because they are made of quality material that can last longer.
This kind of business is a moving business in Ghana because of the showing off African wear every Friday makes higher personalities patronage in our products.
My typical cost for my production is about 500 Dallas.
I will use my profit to continue my studies this time.

Loan Proposal

Am very grateful for the first loan and really helped me to produce as many as demanded in my community. Though I was able to produce more but just because I was using one sewing machine it was very hard for me so I will pleade on you lenders to help me get an industrial machine that cause about 400 dallars and i will use the rest of the loan funded to top up my rent or better still rent a new place since my is about due. Am going to enmploy about two workers to reduce unemployment in my community and also help me to be able to sew more clothing's to meet excess demand. Am hoping to gain about 50 percent profit increase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$465.00

Date disbursed

Apr 27, 2015

Repayment status

On Time

Projected term

22 months

Lenders

C

Christian

Saarbruecken, Germany

nicole

Worcester, Ma, United States

ErikN

Stockholm, Sweden

ElWal

Kirn, Germany

J

jzidi

Los Angeles, United States

S

SvenWaage

Stavanger, Norway

L

leniwiec

Poznan, Poland

mraph

Virginia, United States

T

Tui1974

nuenen, Netherlands

Maxey

Amstelveen, Netherlands

Kristrun Tinna

Reykjavik, Iceland

T

thebonseung

Republic of Korea

J

jay12

Germany

M

mjgoldsmith

United States

mepster

San Francisco, Ca, United States

Alberto Cereser

Copenhagen, Denmark

Jamie

Dublin, Ireland

SMOICE

Berlin, Germany

H

Hazel

United Kingdom

Lou Kaucic

Sanbornton, NH, United States

I

Ian

United Kingdom

Sandra

Böblingen, Germany

KK

Kyle Kaminski

United States

CNV

United States

Emma

Australia

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