Colourful bonwire kente clothe
Collins
Bonwire Ashanti, Ghana
$0 to go
100% funded of $372 goal
0
days left
Entrepreneur
Name
Collins
Member since
June 2015
On-time repayments
149 installments • 86%
About Me
I was born at Bonwire in Ashanti region where l started my basic education. l gained admission into Kumasi Anglican High School (KASS). l was single parented by my mother from 1999 after my father passed away. This brought a bigger financial constraint so l have to weave kente cloth and sell to support my mother to take care of my education; and this continued during my undergraduate studies. currently l weave, buy and sell kente cloth concurrently with my studies in M.Phil Environmental Science at the University of Cape Coast, Ghana. one funny thing about my hometown is that kente weaving is a traditional occupation, nobody teaches you, once you are a native and born in the town, you become an automatic weaver.
My Business
l will use the loan to boost the production and sale of my kente cloth. l have chosen to sell kente cloth because it is locally made but have domestic and international attraction. In Ghana people use kente for every major occasion that requires colourful designs. The cost of production is determined by many factors such as the cloth being men or women size, the category of the designs employed in the cloth and their complications. this time the the loan can help me produce the first class cloth natively called "edwene si edwene so" (art on art). l will use the profit to stipend myself as an M.Phil. Student.
Loan Proposal
I will use the loan to purchase yarns (cotton and rayon) to produce already make colorful interwoven Kente cloths. I will use GHs 700 to by rayon and 700 for cotton. This will help me meet the demands of my customers. Thank you
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$372.00
Date disbursed
Mar 19, 2019
Repayment status
Late
Projected term
2 months
Lenders
charlotte, United States
Calgary, Canada
Logan, United States
Fontvielle, Monaco, Yemen
United States
Germany
Austin, United States
United Kingdom
United States
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Denmark
Los Angeles, United States
United States
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Saudi Arabia
United Kingdom
Netherlands
United States
United States
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Summary
Amount repaid
$0.00
Amount remaining
$372.68
Expected completion
Jun 16, 2019
Status
Repaying late
Installment amount
$31.06
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 31, 2019 | $31.06 | ||
| Apr 7, 2019 | $31.06 | ||
| Apr 14, 2019 | $31.06 | ||
| Apr 21, 2019 | $31.06 | ||
| Apr 28, 2019 | $31.06 | ||
| May 5, 2019 | $31.06 | ||
| May 12, 2019 | $31.06 | ||
| May 19, 2019 | $31.06 | ||
| May 26, 2019 | $31.06 | ||
| Jun 2, 2019 | $31.06 | ||
| Jun 9, 2019 | $31.06 | ||
| Jun 16, 2019 | $31.06 | ||
nicole Jun 4, 2018
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