Fabric for making traditional clothing

Mary

Kintampo, Ghana

100% repaid

Entrepreneur

Name

Mary

Member since

February 2015

On-time repayments

260 installments  •  61%

About Me

I am Mary Opoku a 30 year old lady, and I live in Kintampo . Professionally , I am an Physician Assistant . After completing secondary school i taught a private school for two years to before proceeding to Kintampo college of health sciences where I read community medicine.
Because of my passion for business I now sell clothings alongside my profession. Even at my child I use to sell sachet water after school to help my mother.
Upon all the hardship I went through I was determine archive my gold in life.

My Business

l am into the sale of both ladies and gent suits and khaki trousers.
The goods are useful and of hire demand because they are goods of necessity which human cannot do without. I sometimes give it on credit to my co-workers and other office workers therefore the mode of payment is very flexible.
I chose this type of business because it is most flexible for the clients to afford in terms of payment since they are easily located and can be paid by installment .
The typical cost of the goods are the purchasing cost and transportation cost. The business is very lucrative I must admit but just that I have no enough funds to invest and so should i get any support I believe I can even go to the main suppliers myself instead of buying from the distributors this will even enable me get more profit .

Loan Proposal

I will use the loan to buy cloth for sale. I started my clothes business with suit and khaki now I have included smocks by the kind courtesy of Zidisha. Now many Ghanaians are wearing smocks because of that I have include it so to expand the business. An average smock sell at 150 and the the proposed amount I can buy about 13 smocks . Each smocks give me an average of GHS 50. So I can make about GHS650 within the two period.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$375.00

Date disbursed

Oct 31, 2018

Repayment status

On Time

Projected term

8 months

Lenders

G

guenter

Bremen, Germany

JimVandegriff

Trinidad, California, United States

S

SheilaB

Nashville, United States

Stefano Bertolo

Luxembourg, Luxembourg

Gringotts

United States

Tanya

Nelson, New Zealand

Lotus Flower

United States

KG

Kate Goodwin

United States

J

Netherlands

E

Euge

Argentina

Christine

Munich, Germany

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