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
With the kind of business that i am into, there is always to the need to stay ahead of my competitors by always coming out with innovative designs. one such ways of making beautiful designs is to use good and quality as well as beautiful prints in designing the bags and sandals. with this loan therefore i will buy more prints to be used in producing the products. one other expansion line i am looking at is to buy a cutting machine to replace the old one. this machine cost around 200 dollars in the local market.
this will afford me the opportunity to be able to produce more bags and sandals for sale which will in turn bring in more profit for expansion and also cater for my family and myself.
as i did with my previous loan, i am willing to abide by all terms and conditions,
thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Jul 6, 2015
Repayment status
Late
Projected term
40 months
Other loans
Lenders
United States
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