A loan to buy equipment for my bead-making business
Amma
Akosombo, Ghana
100% repaid
Entrepreneur
Name
Amma
Member since
October 2016
On-time repayments
75 installments • 83%
About Me
My name is Amma Boahemaa I come from Akosombo in the Eastern part of Ghana Where majority of the people are into handy-works, craft, weaving baskets, and farming. I come from a family where everyone here is into business.crafted hand beads for sale is much needed. But however retained that zeal and spirit of enthusiasm to fend for my life. I have been doing all my best to take care of my self and my one child.
I had most of my experience in this beads making from the queen mother of the traditional area who through some vocational training helped we the young up coming ladies in any handy workers as we pick as a source and means of livelihood.
My Business
I took to active business when I chance upon a good contract, to make more beads for [Bafira Art and Dancer] of the Yilo dancing band and that really, in the first time boost my morale to make it a continue process of making nice beads for people to buy and also for orders in commercial quantities.
During those times I began making good profits of which I realized that the business is lucrative but demanding. Usually I make a turn over of GHS720 a week which is equivalent to 180 USD .
Apparently I need some equipment to make nice , attractive and beautiful beads for the launching of the Dopo rites which is penciled to take place by the center for National culture [CNC] which is coming December. However I need to meet demand but lacks the capital, So I plead here for support from the great and wonderful lenders. Thank you great ones.
Loan Proposal
A loan that I humbly plea to all the good lenders to help pull support for me to meet this demand by purchasing some equipment that can be used to help in making beautiful and attractive beads for people and majority to buy and patronize. After making good profits and successful repaying back all my debt I shall continue make beads that will reinforce demand and thereby move on progressively. Thank you all.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Oct 5, 2016
Repayment status
On Time
Projected term
5 months
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