Loan to buy clothes (dresses) for my shop

Bernice

Battor, Ghana

28% repaid

Entrepreneur

Name

Bernice

Member since

September 2016

On-time repayments

77 installments  •  51%

About Me

I am Bernice Kyerewa fromBattor in the Volta region. My two parents are disabled so life has been more than hell for us. Our neighbours used to mock us because we hardly had three square meals a day. In fact, the best word that describes us was "paupers".
It was so bad that, we started positioning ourselves around the Battor Catholic hospital, begging to survive. This continued for about two(2) years but on one fortunate day, we met the Catholic priest who after interrogating us insisted that, we take him to our parents which we gladly did. Hmmm.....the priest cried uncontrollably because of our condition/situation when we sent him to our house.
He promised to send us to the Catholic school where we would attend school free; and also added that, he would ensure that the church takes care of our needs.
After completing the vocational school, I started making and selling tie and dye fabrics but the market was not good for the fabric or material.

My Business

I am into retailing of children's clothes and production of local tie and die fabrics.
At the initial stage of my tie and die business, I went to Accra and located ten(3) big wholesale shops dealing in different kinds of fabrics. I narrated my story and pleaded with the creditors to supply the goods to me on account and give me a month to pay back. They accepted my proposal and gave me the goods as agreed upon. I make a total daily sales of GH¢10.00 . This helped me to pay my suppliers/creditors on time.
Profits generated from my business will be partly used to settle my debts and the remaining will be ploughed back into the business.

Loan Proposal

Dear Lenders,
The Easter festival is very much celebrated or observed in my area. As such, sales normally increases during this period. Consequently, I write to request for a loan of GHS 204.00 to enable me buy more of children's clothes (dresses) against Easter.
This would position me to expand my business.
Thank you all.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$46.00

Date disbursed

Mar 31, 2017

Repayment status

Late

Projected term

13 months

Lenders

Melissa K

Portland, Oregon, United States

Adam Fraser

Cambridge, United Kingdom

Ask Bernice a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...