Loan to buy a new sowing maching

Abigail

Berekum, Ghana

26% repaid

Follow Abigail

How it Works

Entrepreneur

Name

Abigail

Member since

May 2015

On-time repayments

14 installments • 36%

About Me

Abigail Baifi is my name. I come from Berekum in the Brong Ahafo Region of Ghana. Hno. AH401 at Ahenbronoso, just the direct opposite to the Shalom Radio Office. I have three (5) Siblings. i attended my Basic education at Roman Catholic Primary and Junior High Schoolat Central Region of Ghana. I continued at my Senior high education at Yamfo Anglican Senior High School at Sunyani-Yamfo and I offered SSSCE Certificate. My hobbies are READING, MUSICS, etc.

My Business

I started ny Tayloring Business since 2011. I started with an amount of GHc 1000 whichIi purchased a Sewing machine which a Man Powered one. Also I rented a store room. so it was stable and a profitable business in my area.
Now I came to realise that my Customers always go outside my community to buy materials for me to sew for them, so why don't I also Find some additional capital to buy in bulk of these materials, so that my customers will not go outside the community to buy those materials again. So wanted a Loan from a bank and later came to realised that, there is an Organization called Zidisha. Then I said to myself that,then let me so Zidisha will help me buy these materials in bulk to satify my Customers.

Loan Proposal

the sowing machine am using now is very old and this have made my production very low ,my work is very slow and my customers always complain about that, this makes profit ,feel uncomfortable and inefficient,it always breakdown this make me disappiont my customers and also low p,help me buy this new sowing machine that will help me increase my productivity,make my work more easier and convenient that will help satisfied my customers and for my business, this will help me win more customer and compet with other sowers ,The price of the sowing machine is $200 ,i will expert $300 every month when this machine is bought, this will increase my profit margin.thank you