Cloths production and sales

Liticia

Techiman, Ghana

23% repaid

Entrepreneur

Name

Liticia

Member since

February 2016

On-time repayments

63 installments  •  87%

About Me

My name is Boahemaa Liticia, I am young woman of 26 years. I come from Techiman but I am recently staying in Nkoranza. I am married for about eight(8) months and I stay with my husband. I am married to Mr. Samuel Danso and we have no child for now. My parents are Mr. and Mrs. Boahen.
I started my basic school at St. Paul's R/C school in Techiman and furthered to Nkoranza senior high technical school for my Senior High education. After completing my Senior High School, my parents couldn't afford sending me to a tertiary institution so I had to learn apprenticeship in dress making because during my basic school days, I developed interest in sewing in our vocational skills lesson. After I completed my apprenticeship, It was my dream to help my future husband cater for our children, and luckily, I am now married so I work hard to make my dream come true. The food I like best is banku and groundnut soup. My hobbies are reading story books and also watching movies with my husband.

My Business

I began my business a year before I got married to my husband. My aim was to support my husband to properly care for our children. I chose to become a seamstress because I developed interest in sewing in my vocational skills class when I was in Junior High School. My dress making shop contains my own sewed dresses as well as already made clothes, I also sew school uniforms for young school going ladies. Simply, I produce ladies clothes for all ages. This business has helped me very much because it was the major source of income to me and my family before I moved to my matrimonial home. I manage to get $45 every week. I have three apprentices I work with. It is my dream to increase my profit margin by 50% in the next 6month. Again, it interest me to make it known that, I am the secretary of our local dress makers and beauticians association.

Loan Proposal

Dear lenders, i thank you for the first loan you gave to me. It helped my business very much, it was my dream to increase my profit margin by 50% in six months but i could not achieve it though it is not yet the due time. It pleases me to apply for a second loan which i will use to buy clothes that i will use for sewing dresses and sell to my customers, this will cost $160. Again i will buy different colors of sewing threads and buttons, needles and lining for my dress sewing and they will cost $40. I have one additional apprentice who has stopped schooling because her parents could not afford her fees and i wish to buy a sewing machine for her which will cost $100. Lastly, i will buy foreign designed dresses and sell them in addition to my own produced cloths because it helps me to have variety of designs and styles to meet the desire of my customers. They will also cost $50. I promise to repay the loan regularly so dear lenders help me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$334.00

Date disbursed

May 18, 2016

Repayment status

Late

Projected term

58 months

Other loans

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ads68

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mole333

Brooklyn, United States

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msabalau

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Matt B

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B

United Kingdom

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Ask Liticia a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Liticia    Jun 10, 2016

    I cannot pay the full amount due so i want to reduce my payment, thanks.

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  • Liticia    May 18, 2016

    Dear lenders, I have received $334.15. I will use this loan to buy materials for my sewing, and also buy a sewing machine for my new apprentice. Again, I wish to add more style and design for my customers so I will purchase foreign designed cloths and sell with my own produced dresses. Thank you lenders for your loan it will help my business very much.

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  • Liticia    May 16, 2016

    Thank you lenders for funding my loan, I will buy materials for sewing my cloths and also sewing machine for my apprentice which will aid her in the apprenticeship. Thank you so much.

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  • Liticia    May 10, 2016

    Dear lenders, I need your help to raise my loan amount, thank you.

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  • Matt B    May 6, 2016

    Liticia - I hope you manage to raise the full amount. Best wishes for your business. Matt in England.

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  • Liticia    May 3, 2016

    Dear lenders, I thank you very much for your loan. The first loan you gave me has helped my business grow very well as a result I am able to repay my loan and I appreciate your kindness and generosity.

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  • Liticia    Apr 23, 2016

    Market was not as i expected this week as a result, i can't pay the previously stated amount so i wish to change the amount.

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  • Liticia    Apr 10, 2016

    Dear lenders, i'm very grateful for your support. My work goes on successfully and it's because i'm able to buy more materials to produce more cloths to meet the requirement of my customers. Your loan has enormously boost my business, thank you all my lenders.

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  • Liticia    Mar 30, 2016

    Thank you dear lenders for your support in my work. Business has been successful nowadays and i pray it keeps getting on well forever. Your support has positively influenced the success of my work and i thank you all for it.

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  • Liticia    Mar 21, 2016

    I have earned some profit on the sales of my produced clothes.

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  • Liticia    Feb 28, 2016

    My cherished lenders, i thank you very much for funding my loan. I truly appreciate it.

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