Buy an industrial knitting machine and accessories

Phillip Lenient

Tema, Ghana

62% repaid

Follow Phillip Lenient

How it Works

Entrepreneur

Name

Phillip Lenient

Member since

January 2017

On-time repayments

222 installments • 84%

About Me

my name is Philip Lenient Agyemang Narh and I'm from Ghana. I'm a fashion designer and my biggest dream is to become one of the top fashion designers ever in history. I'm also looking forward to open a big fashion school to train the up and coming youth who have dreams and interest in fashion designing but got no one to push them...

My Business

I basically get quality African fabrics, designs Them and put them out in showcases for sale... I use the profit to buy more fabrics to make more designs and sell them. I want to take my clothing line international and and meet my customers needs and also make good income... I prefer this business because people love African wears and getting them on the market wouldn't have any purchasing problem.. Thank you

Loan Proposal

I want to buy an industrial knitting machine to help me improve my work since my orders are becoming more. I have been spending about 10-15% of my profit on knitting because I don't have the knitting machine and I have to take it to someone who does it for my clothes to be knitted. A brand new knitting machine now costs like $320-$350 in the market. I spend about $0.25 for knitting just for one cloth I make which I make about 8-10 clothes in Week which I have to sometimes leave the clothes with the knitting operator for hours and even sometimes a day when there are loads of work on him before I get the clothes . So I believe if I'm able to purchase the knitting machine, I will be able to save the money I spend just for knitting, I will make more profit and expand my business and also create job for someone by employing someone who's going to work with the knitting machine and I pay him/her since there are people around who also sew and take their clothes to town for knitting