Expansion of my ladies bags business

Hellen

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Hellen

Member since

February 2015

On-time repayments

188 installments  •  20%

About Me

MY STORY
My name is Hellen Adoma Yeboah. I am a 26 year old Ghanaian lady. I am a graduate of the University of Cape Coast. I am the second from a family of five. While in school, I assisted a friend who was into the designing of ladies hand bags with local prints. The quality and the beautiful nature of her products got me really interested and as such I started picking from her and selling on campus. Through committed efforts and dedication, business started booming and I have not looked back ever since. For now all I do is the distribution and sale of these sandals on campuses and some church friends and colleagues. For now however, my aim is to target other campuses in other. I am very entrepreneurial minded and I make the most out of every opportunity that present itself and as such this next step of expansion is a great step for me.

My Business

ABOUT MY BUSINESS
I am in the production and sale of beautiful ladies hand bags made with local prints. I have a lot of styles and design which people love to see and buy every day and this is generating a good profit for me and as such I want to expand my business and expand to other parts of the country and beyond and to also serve as an avenue to employ others who have no work to do. I currently do not have a shop but keep the goods at home and delivers them when contacted by someone for supplies. I however have a huge customer base who are always ready to buy from me.
I would be glad to get this loan to be able to get access to the other regions and also spread my tentacles beyond the shores of Ghana in order to be able to fight the unemployment situation around here and also be able to make good profit so as to be able to pay back. I promise to execute and respect the rules and regulation of this noble institution. Thank you.

Loan Proposal

MY LOAN PROPOSAL
My locally made ladies hand bags business strives to make people aware of Ghanaian fabrics and culture. I have been struggling to get loan to push this business up for about a year now and this loan if granted will be godsend to help me achieve this. Since I have been doing this for the past one year, there are always many people waiting to receive their orders and there are always more people who are willing to buy provided I can supply.
The main reason why I do this business is not just to make more profit for myself but to also showcase the quality material prints that we have here, the most popular been the ‘kente cloth’. I have been able to raise funds to produce most of the wear, but now what is left with is just a bit which will be well covered by this loan. Kindly consider lending me this loan as it will go a long way into helping me achieve my lifelong dream. Am grateful to be part of this organization and I promise to abide by all the rules and regulations.
Thank you.
I currently live at Kwadaso in the Ashanti region of Ghana. Whenever you are in Kumasi, just ask of the Kwadaso Agric College. Once inside the college my house can be found residential section called Agric, house number BLK 44/A5.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 3, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

Tom44

Vancouver, Canada

S

Symoneous

Netherlands

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