Loan for my clothes business

Owusua

Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $13 goal

0

days left

Entrepreneur

Name

Owusua

Member since

January 2017

On-time repayments

11 installments  •  0%

About Me

Paul owusua is my name, born on the 27th of Mayv1987 am now 29 years old, a young lady who grew up in Kumasi has experienced a lot of hardship growing up as a child in Boukrom estate, my mum Mrs Paul and Mr Paul Antwi are my parents who helped me a lot in my basic education and I owe them a lot in life, my mum has to sell clothes in Kejetia market to fend for us and my father because he laked education was also in to partial farming just to complement my mother efforts, I attended Boukrom block A junior high school and later proceeded to Kumasi polytechnic now kumasi technical university and offered cloth making and designing and came out with second class upper division, am among the ten children of my parents of which am the third born, my aim in life is to make life worth living for my children.

My Business

My business is cloth design and sales of clothes to people in and around kumasi, my business is doing well and is helping me cope with daily life however, I want to make sure I don't disappoint my parents with the trust and confidence they have in me that is how am hungry for success all the time, I buy the clothes and design them according to customer demand or specification, I also design most of the clothes and sell them in the market for a reasonable price, I normally buy most of the African wax prints and design since it will lower my cost of production and increase revenue, my cost right now is between 200$ and 250$ but in investing this amount I normally gain profit around 500$ making my business stable, my aim right now is to extend business to Accra the capital of Ghana that is why I deem it necessary looking for loan elsewhere that can help me realise my dream, thank you all.

Loan Proposal

Am here for the first time and ready to abide by all rules and regulations as applied in contracts, I wish I could raise this loan urgently to enable me acquire the clothes in time for my designing to take place as customers are waiting for their clothes I will also like to inform customers that my next destination of my business will be in Accra as am looking forward to expanding, my customes in kumasi are already satisfied with the way I serve them and are willing to do more business with me and as you can see in my profile some of the clothes are displayed at my shop and customers are trooping in for them, so with the amount requested if given will enable me pay off some transportation so the 50ghc will cater for that and make way for smooth take off, I do thank all of you here.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.00

Date disbursed

Jan 24, 2017

Repayment status

Late

Projected term

2 months

Lenders

Jorgen V

Mol, Belgium

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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