Loan to build a shop for my clothing sales business

Regina

Prampram, Ghana

68% repaid

Entrepreneur

Name

Regina

Member since

March 2016

On-time repayments

95 installments  •  64%

About Me

i am Regina korletey i hail from prampram in the greater Accra region of Ghana

Am39 years of age married to Philip tetteh with three children.i attended prampram d/a basic school and further it to prampram junior high school 1992 but could not go further.

Currently i sell second hand clothing and food stuffs at the Tema fishing port.the kind of food stuff i deal in are onion, pepper, palm oil, tomatoes and other food ingredients.
on weekends i do meet with some of my trade to discus about how put this well to attract our loyal customers.
i see to it the welfare of children is taken care of so sometimes on weekends i go for the parent teachers association meetings i do for betterment and the good welfare of my children.

My Business

I sell children and adults second clothes blended with some food stuffs at tema fishing port. this business has been very supportive to my family and i over the past three years.
This business normally do well when fishermen get a lot of catch and also when Christmas Easter festivities are reach.
Honestly i put items on floor because i don't have a shop where i do my sales and this has make the business very uncomfortable although the business is doing well.
The challenge this of mine face is when fishermen don't get enough catch when the go for fishing.
My business will do extra well if am to create a shield or put up a wooden shop for my business .
i would not like to up a container shop because of the sea breeze.

Loan Proposal

i will start preparatory works immediately i get support or funding from lenders
i will use loan to the following materials for the establishment of my shop.
(1)roofing sheet 6 pieces =100 dollars (2) wood ten pieces=100 (3)ply wood 10 pieces=70dollars (4)nails 6 pounds =20 dollars (5)oil paint 2 gallons = 30 (6) padlock and inches =20 dollars
All these items are estimated to 340 dollars, i expect my business to go high in term of revenue in to support my husband in payment of children school fees.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 10, 2016

Repayment status

Late

Projected term

23 months

Lenders

PG

Paul Graham

United States

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