Buy more fabrics to meet demands by retailers and customers

Leonard Ampofo

Obuasi, Ghana

100% repaid

Entrepreneur

Name

Leonard Ampofo

Member since

May 2015

On-time repayments

209 installments  •  94%

About Me

I am Leonard Ampofo, 26 years old. I am the second child in a family of four. I had my basic education at Obuasi in the Ashanti Region, and continued on to the senior-high level at Cape Coast in the Central Region. I then proceeded to the University for Development Studies at Wa in the Upper-West Region of Ghana, where I studied Environment and Resource Management.

After years of job searching proving futile, I began to combine what l had learned during my four years at the University with one of the talents in my family. We are gifted with the talent of designing African wear; we use African traditional prints to make clothing. Ghana has a convergence of many tribes, making it a beautiful atmosphere in which to enjoy the differences of the various ethnic groups. I am self-employed, designing and making African wear. I entered this business due to my passion for African clothing made from African prints, and because of my desire to become a successful entrepreneur in the near future. My hobbies are reading, swimming, preaching and listening to sermons.

My Business

I design and make clothing. I have been doing this for over 3 years. I design and sew both women's and men's clothing, and I also sew school uniforms. I combine various African and foreign prints to produce unique designs for individual and retail customers. The clothing also is unique because I combine the traditional with the modern. My products are of good quality, and my clients prefer that I also make clothes for those whom they refer to me. I have 3 apprentices helping me. My goods are in high demand because my pricing is fair. People prefer to buy from me because I offer them credit, especially salaried workers. My typical costs are: $100 monthly for water and electricity, and $60 monthly to rent two shops. On average, I make a revenue of about $500. So, my net profit is $340 in an average month. My profit is used for paying my siblings' school fees and for buying more fabric for my business.

Loan Proposal

This loan when fully funded will be used to buy more fabrics and thread for my work. This will pave way for me to be able to meet demands by my customers and retailers. I will buy fabrics at a cost of $190and thread a cost of $10
This will help me a lot as I will have enough fabrics for my work. This is expected to increase my profit by 30%.

Show original English  

About Me

I am Leonard Kwadwo Ampofo, 30years of age. I am married with a child. I had my Basic Education at Obuasi in the Ashanti Region and furthered on to the Senior High level at Cape Coast in the Central Region. I then proceeded to the University where i read Environment and Resource Management at the University for Development Studies at Wa in Upper West Region of Ghana.
After years in search for job proving futile i begun to bring to bear what l learnt four years at the University with a gift of my entire family. My family is gifted with the talent of designing african wear using african traditional prints. Ghana has a convergent of all the tribes making it a beautiful atmosphere to enjoy the differences in the various ethnic groupings. am a self-employed. I Design and produce African wears . I entered this business due to my passion for african wear with african prints and my desire of becoming a great entrepreneur in the near future.
My hobbies are reading, swimming, preaching and listening to sermons .

My Business

I am into clothing production . I have been doing this for over 7years. I design and sew both women and men clothing and also sew school uniforms. I blend various african prints and foreign prints to come out with a unique design for my customers and retailers . My products are of good quality and my clients prefer that I get more referrals from my clients. I have 3 apprentices.
My goods are high in demand because pricing is comparatively fair. The clothing are unique as i blend modernity with the tradition.
People prefer to buy my clothing because i offer them on credit especially to salaried workers.
My typical cost are $100 into water and light bills. $80 for monthly rent for two shops. Averagely, i make revenue of about $600. So my net profit is $440 for a month.
My profit is used for basically taking care of my nuclear family, assisting in paying of school fees of my siblings and buying more fabrics for my work.

REPAYMENT
I will pay back my loan through my daily sales.

Loan Proposal

This loan when fully funded will be used to buy more fabrics and thread for my work. This will pave way for me to be able to meet demands by my customers and retailers. I will buy fabrics at a cost of $190and thread a cost of $10
This will help me a lot as I will have enough fabrics for my work. This is expected to increase my profit by 30%.

Feedback

17

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  • BernadetteV    Jul 27, 2019

    It’s always a very positive experience to lend to Leonard. This was my seventh loan to him. He works very hard and is serious with his regular repayments.

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  • BernadetteV    Dec 18, 2018

    My sixth loan to Leonard. It's always a pleasure to lend to him. Thanks for your regular repayments.

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  • nicole    Dec 4, 2018

    My FIFTH (!!!) loan to Leonard -- still recommended!!

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  • nicole    Sep 15, 2017

    My fourth loan to Leonard -- highly recommended!!

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  • BernadetteV    Sep 15, 2017

    Leonard repaid exactly as he had promised. All his repayments were on time during almost a year. It is always a pleasure to lend to him.

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  • James    Aug 28, 2017

    Loan again repaid in full.

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  • (Comment deleted by author)



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Loan Info

Project Type

Classic Loan

Disbursed amount

$214.00

Date disbursed

Jul 21, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $5.44

Lenders

A

Anninymouse

Southampton, United Kingdom

S

slevon

Hemsbach, Germany

Sideburnjack

Conroe, TX, United States

D

Delph007

Den Haag, Netherlands

A

arenk

Karlsruhe, Germany

K

Krokslatt

Mölndal, Sweden

DuAel

Orvault, France

P

phangsang

Seattle, United States

cyrus0302

San Francisco, United States

nicole

Worcester, Ma, United States

D

Davieboy

Melbourne, Australia

Charmonica

London, United Kingdom

J

JBosshardt

Redmond, United States

Kodzhamanov

Stamboliiski, Bulgaria

M

m_dennis

Toronto, Canada

Raoul72

Naarden, Netherlands

rickytherhino

Decatur, United States

L

ldron7

Utah, United States

S

sirius

Lauterach, Austria

Martin

Manama, Bahrain

S

SMRosen

Hershey, United States

AWeber

Washington, DC, United States

C

ChrisID

Vancouver, Canada

E

evanglend

Arlington, United States

J

JakeA

Wellington, New Zealand

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

D

dterryn

Brussels, Belgium

B

blahblah

Nuernberg, Germany

S

Stijn

Hasselt, Belgium

J

jdhowa2

Louisville, KY, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

G D Export

Kolkata, India

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

B

Bavarian

Bavaria, Germany

B

bhalter

Eau Claire, United States

ProfStick

Grassy Head, Australia

J

Jaslogic

Castle Rock, United States

R

RamonF

Zurich, Switzerland

rasmus

Bern, Switzerland

Quentin

Toronto, Canada

Shasta

Erie, United States

T

toscoman

Adliswil, Switzerland

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

Cloudways

Malta, Malta

E

edcable

Seattle, United States

element

Trondheim, Norway

P

planespotter

Berlin, Germany

borscht

Golden, United States

B

bugsheep

Houston, United States

lorello

Vicopisano, Italy

braccino

Settimo Milanese MI, Italy

vinnio

Burlingame California, United States

B

BClay

Campbell, United States

R

randy98109

Seattle, United States

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

P

Patrick5678

Beijing, China

C

caseygoff

George Town, Cayman Islands

Y

Yevrahs

Dallas, Texas, United States

Maxey

Amstelveen, Netherlands

andyt

Jersey City, United States

JC

Jordi Cohen

New York, NY, United States

Z

zhihanchew1234

Tampin, Malaysia

K

KnutG

Bergen, Norway

B

BassFamily

Tremonton, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Paul Buchheit

Mountain View, United States

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