Loan to buy electrical sewing machine

Regina Yeboah

Kukuom, Ghana

8% repaid

Entrepreneur

Name

Regina Yeboah

Member since

March 2016

On-time repayments

57 installments  •  79%

About Me

I am a business minded young lady hardworking and honest in the clothing business. I am from a small town called Berekum in the Brong Ahafo region of Ghana. buy i stay at Kukuom I am first born to my parents out of six children. I and my siblings lived together in one compound house with my parents. I am a seamstress in my town. I used the profit from my dress making business to feed my siblings and my parents. Because my parents are old and not working. I want to expand my dress making business so that my profit will rise this will enable me to continue helping my siblings and my parents and needy people in my community. I need help from good people like you.

My Business

I am able to make some dress and sell to people so I get little income. I have been in my business for the past six years up till now. Because I am using old sewing machine which I used when I was an apprentice, this makes the dress making very difficult. Many people in my town like my style of dress making but because i am using old sewing machine i can't make more dress in a day. with your help I will be able to provide service to more client which in effect will increase my profit so that i can take good care of my old parents and my siblings. thank you.

Loan Proposal

I need loan to purchase an electrical sewing machine to help my dress making easily and faster . this electrical machine will increase the work output which will increase my income as well. The cost of electrical sewing is about 600 dollars. if i get this machine it will last long so my production will increase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$469.64

Date disbursed

Oct 15, 2016

Repayment status

Late

Projected term

60 months

Cost to entrepreneur

Service fee: $11.65

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