Equipment for clothing production
Abdul Karim
Techiman, Ghana
100% repaid
Entrepreneur
Name
Abdul Karim
Member since
August 2017
On-time repayments
20 installments • 70%
About Me
My name is Abdul Karim Bukari from Techiman in the Brong Ahafo region in Ghana. I attended God bless International school, Techiman. I however proceed to Ghana Secondary school, Tamale where I studied General Science and came out successful. I however started learning my trade back at the Junior high school and completed it successfully while at the secondary school.
I however deem it a great honour to continue with the trade to a maximum height and later continue with my education.
My people in my community enjoy using locally made goods which prompted me to learn such a trade and this makes the community unique.
As a young entrepreneur, I have one kid who is interested in designing and fashion for which I foresee as her future career when she is able to complete her university education.
In fact I enjoy watching and playing football as my hobby.
I again appreciate reading, tourism and designing.
One interesting thing about my country is that, Friday's has been set aside for wearing of local clothes known as African Wear. And this has helped the clothing production very useful in the country.
My Business
About my business, I produce both men and women clothes uniquely. Both local and modern clothes.
These clothes are useful to my community because, the community enjoy using locally made clothes and modern ones which facilitate their intended occasions.
I chose this business because of the demands and wishes of my people.
Well the business require industrial machines which I am targeting for now, which may cost about GHC 4000 ( Ghana cedis) and these machines wold facilitate the efficiency of the business. For now, with what I have I would save about GHC 30 (Ghana cedis) per day which can help me pay off any loan given to me.
Well, I used some of these profits for my child education and reinvestment in growing of the business.
My already paid loan was used to purchase some books for my child education.
Since Fridays are set for African Wear, the production of Africa clothes is now a source of employment for the youth and a profit making adventure.
Loan Proposal
I will buy more fabrics and ironing units to help run my business successful. These equipments will cost 300 dollars in all. That is, 150 dollars for the fabrics and 150 dollars for the ironing unit.
This will however help me deliver my services on time and add more aesthetic value to my work. It will again attract customers.
Helping these equipments will help me increase my profit margin by 40% since customers are always pleased with ironed clothes and quality fabrics.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$217.00
Date disbursed
Dec 9, 2017
Repayment status
On Time
Projected term
2 months
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