Inventory of ghana textile prints

Grace Dansoa Addo

Adjei-kojo, Tema-west, Ghana

100% repaid

Entrepreneur

Name

Grace Dansoa Addo

Member since

February 2015

On-time repayments

71 installments  •  73%

About Me

I am Grace Addo, a young and visionary lady who hails from the eastern region of Ghana. Having been brought up singlehandedly by my mother alongside six others, life has not been easy. By the grace of God and perseverance, I successfully went through basic education, from there to Wesley Girls' High School and then to the Kwame Nkrumah University of Science and Technology, where I obtained a degree in SVC Land Economy.

Now, after the mandatory one-year national service was over and all my efforts at securing employment proved futile, I decided to take on my mom's textile trade, which enabled her to support the family. This wasn't easy, because my society is one where it is perceived that every one who has been to school should only work in the office and nothing else. However, I braced myself up to the task, and today all those who opposed me look at me with admiration.

I am quite fond of kids and so I have been actively involved in the children ministry of my church. I am an avid reader and would soon learn swimming to help me wind down over the weekends.

My Business

I buy and sell Ghana textile prints (GTP), which is a highly-regarded traditional brand of fabric that we love. There are many reasons for which people demand or patronize my products. Basically, we have three ranges of GTP; namely, the safoa, nustyle and adepa, with the prices of the bales going for $1300, $1700 and $2300, respectively. GTP cloth is bought for marriage rites, funerals, naming ceremonies, institutional uniforms, which are normally worn on Fridays, and a host of others.

Loan Proposal

When offered this loan, I am going to buy a bale of the nustyle range of the Ghana Textiles Print ( GTP )products which goes for $1200. I have decided on trading in this category because they are now invoke for the fresh junior high and senior high school graduates who are home now and are awaiting their examination results. These youngsters are more into the Nustyles because they are more fanciful as they have fantastic designs in vibrant colours. So I believe if I am able to secure a bale, I would be in a better position to satisfy their demands and increase my sales and profit margins.
One often finds them combining these lovely fabrics with some pieces of other materials like chiffon, plain woodin, satin and laces of different kinds.

Show original English  

About Me

I am Grace Addo, a young and visionary lady who hails from the eastern region of Ghana. Having been brought up singlehandedly by my mother alongside six others, has not been easy. Now after the mandatory one-year National service was over and all my efforts at securing employment proved futile, I decided to take on my mom's textile trade which enabled her support the family. This wasn't easy because my society is one where it is perceived that every one who has been to school should only work in the office and nothing else. However, I braced myself up to the task and today all those who opposed look at me with admiration. I am quite fond of kids and so have been actively involved in the children ministry of my church. I am an avid reader and would soon learn swimming to help me wind down over the weekends.

My Business

I buy and sell Ghana textile prints (GTP) which is a highly regarded traditional brand of fabric that we love. There are many reasons for which people demand or patronize my products. Basically, we have three ranges of GTP; namely the safoa, Nustyle and adepa with the prices of the bales going for $1300, $1700 and $2300 respectively. Gtp cloth is bought for marriage rites, funerals, naming ceremonies, institutional uniforms which are normally worn on Fridays and a host of others.

Loan Proposal

When offered this loan, I am going to buy a bale of the nustyle range of the Ghana Textiles Print ( GTP )products which goes for $1200. I have decided on trading in this category because they are now invoke for the fresh junior high and senior high school graduates who are home now and are awaiting their examination results. These youngsters are more into the Nustyles because they are more fanciful as they have fantastic designs in vibrant colours. So I believe if I am able to secure a bale, I would be in a better position to satisfy their demands and increase my sales and profit margins.
One often finds them combining these lovely fabrics with some pieces of other materials like chiffon, plain woodin, satin and laces of different kinds.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$349.25

Date disbursed

Aug 14, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $8.86

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

M

michael

Mornington, Australia

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

J

JeanSmith

Mercer County, United States

Kjartan

Oslo, Norway

sarasofia

Stockholm, Sweden

C

cjmenchaca

Austin, United States

J

Joyful

Philadelphia, United States

B

blahblah

Nuernberg, Germany

A

AlexCheng

Seattle, United States

J

jdhowa2

Louisville, KY, United States

TheWhiteCat

Surrey, United Kingdom

beverly

Vancouver, Canada

Scott Walker

Canmore, Canada

J

jjonas

berlin, Germany

A

anonymous123

United States

SeeMeeFi

Ontario, Canada

Cloudways

Malta, Malta

vinnio

Burlingame California, United States

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

jimmycarterforever

Missoula, United States

basicus

Cairo, Egypt

L

laurashearin

Greensboro, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

K

kingcamo1095

Mountain Home, United States

F

Forfex

Zurich, Switzerland

D

DavidJSmu

North Attleboro, MA, United States

stever

Cape Coral, United States

B

BMcDermott

Washington, DC, United States

O

OrientExpress

Tokyo, Japan

Matching Fund

Sterling, United States

M

Mullagh

United Kingdom

Paul Buchheit

Mountain View, United States

N

nswanberg

United States

B

bscent

Hong Kong

Taylor Hanna

United States

V

vbud

United States

WiscoHorndog

United States

TyrynyRed

United States

C

cha1mers

United States

Dave

Ede, Netherlands

T

twm3823

United States

D

Dmeister68

United Kingdom

OllieOladele

London, United Kingdom

O

ORBP1

Germany

pelhage

United States

D

djlayton4

United States

K

Kristiina

All Countries

Heiko

Haan, Germany

Issy

United Kingdom

V

Vanessa

Gold Coast, Australia

Jon

Sweden

W

Wade

United States

H

Hank

New Zealand

The Bayiates Family

Chicago, IL, United States

DF

Daniel Fehr-Krahn

Winnipeg, Canada

G

Graham

United States

JM

John Myers

United States

Julia

United States

RB

Richard Busby

United States

MI

Matt Insler

United States

A

Andrei

United Kingdom

M

Mart

United Kingdom

JR

Jeffrey Rosen

United States

A

Ashley

United States

Robin Padberg

Pétion-Ville, Haiti

Sarah and Dave

Toronto, Canada, Czech Republic

V

Varun

New Zealand

E

ErinMcNulty

United States

DL

David Larson

United States

SG

Sharon G

Portland, United States

J

jede

Germany

Mark Grey

Redding, CT, United States

R

Rosie

United States

J

joelneville

United States

TM

Toni Martin

United States

T

Tina

United Kingdom

T

Trish

Hong Kong

D

David

United States

Rosario von Li

San Jose, Ca, United States

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