Assist me buy a new sewing machine

Hannah

Wenchi, Ghana

Funds disbursed

$0 to go

100% funded of $36 goal

0

days left

Entrepreneur

Name

Hannah

Member since

May 2016

On-time repayments

8 installments  •  75%

About Me

My name is Hannah Adjeiwaa. I come from Wenchi in the Brong Ahafo Region of Ghana. I was born on 19th July 1986. I attended Wenchi Senior High School. I was not a very brilliant student so i could not go to any university I only completed Secondary School. What i was interested in was Sewing. I was enrolled to learn and now I am a dressmaker running my own Shop.I sew ladies dresses because that was what I learnt.

My Business

I started my business with $420 which was given to me as a loan from the Community Bank. I was to repay it withing 6 months, through hardwork I was able to repay all withing the speculated time but after the repayment, my Sewing Machine got spoilt and i had no money to repair. I chose this business because i had interest in it and the profit i earn weekly is okay to me. My problem now is how i can repair my machine to keep my business moving. I earn $23 to $25 a week. I use some of my profit to pay my taxes and utilities as well as my monthly rent. The rest is re invested in my business to make it grow.I will get more customers if I am able to purchase a new sewing machine.

Loan Proposal

I was to use my previous loan to buy the sewing machine but unfortunately the cost Price was higher than the money I had raised. So with this loan, I will add it in other to be able to buy the sewing machine.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

May 23, 2019

Repayment status

Late

Projected term

2 weeks

Lenders

Lotus Flower

United States

Jan V

Port Dalhousie, Canada

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