Loan to buy authomatic voltage regulator for sewing machine

Entrepreneur

About Me

In school i was not quiet good and so i made plans that just after schooli will learn how to sew dresses.
I went through apprentaship for twelve months before becoming quiet competent in sewing.
I sew beautiful dresses for female which they appreciate so much. As part of my growing up my business i had some money down.
In my neighborhood, ladies like to put on beautiful dresses which make my sewing very demanding and attractive.
When i have children, I will like them to become teachers.
I love playing polo.

My Business

I am a fashion designer and i also sew the dresses i design myself. I can design all kinds of ladies dresses.
ladies love to look pretty so they always come for me to sew dresses for them
I choose sewing because i want to make ladies in my locality look beautiful and to add value to myself.
With $200.00 , $20.00 respectively for costs and revenue. I was able to set up my own shop which i train young girls and also do my sewing.
I meanly used part of my profit to buy consumables like pins, replacement of machine part to improve my work.

Loan Proposal

Authomatic voltage regulator cost $216.00 to be used in my shop in connection to the electrical sewing machine to help curb th power fluctuation to safeguade the electrical sewing machine i used in my shop.
There is much power fluctuation these days, which almost spoilt one of the electrical sewing machine i just bought, if i am given this loan i will be much happy because it will be used to buy two authomatic voltage regulator to prevent damage of the sewing machine anytime there is power fluctuation.
I expect excellent raise in profit to about 50% compare to my initail profit margin now of 30%.

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