Loan to buy 2 sewing machine for my apprentice

Florence

Bechem, Ghana

2% repaid

Entrepreneur

Name

Florence

Member since

October 2016

On-time repayments

9 installments  •  0%

About Me

my name is Florence Ampebi, a 30 year old Ghanaian by birth.I am a married woman with 2 children. I had my basic education in Bechem R/C basic school and then Bechem senior high school where i offered Bussiness.After school I was unfortunate not to pass my Economics and Intergrated science.I tried many occasions but I was not able to pass all.So upon the advise of my mum I joined STWWART FASHION CENTER,where i learnt how clothing is sew.At the shop i also sold sachet water and ice cream and after 3 years of study ,I became perfect.The money money generated from this sales was used in establishing my own shop. I have worked in my own shop for almost 2 years now. I love eating rice and stew.Thanks

My Business

ny source of funding is FLORENCE FASHION where i sew clothes for students,teachers and the general public.I have worked here for almost 2 years now.My worry is my inability to meet the timing bond needs of my customers because I am the only one working in the shop.I am therefore using this opportunity to appeal for loan to buy 2 sewing machines at a cost of 200 dollars so i can train two apprentice who will assist me sew about 7 clothes a day.This will increase my profit by 75% .The profit will help me to cater for my children up to the university and also expanf my business.I also promise to pay back the loan as stated.

Loan Proposal

The supported loan will be used in buying 2 sewing machines at a cost of 200 dollars.This will help mw train two apprentice who will assist me to sew about 7 clothes a day which will increase my profit margin by 75% .The profit generated from this loan will be used in paying my children school fees and also improve the lives of my apprentice.Tgank you and i also promise to pay back the loan as stated.Hoping i will be assisted.Florence Ampebi

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$238.00

Date disbursed

Oct 31, 2016

Repayment status

Late

Projected term

60 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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