Loan to buy more tread for kentey weaving

George

Dzodze, Ghana

Funds disbursed

$0 to go

100% funded of $91 goal

0

days left

Entrepreneur

Name

George

Member since

January 2015

On-time repayments

13 installments  •  38%

About Me

My name is George Letsa. A Ghanaian from Avenorpeme located at the southern part of Volta Region. But I currently live in Dzodze. I graduated from Anloga Technical Institute in 2013.
I spent my childhood ages with my parents in Avenorpeme before my father passed away and my mother moved the family to Dzodze. I had my JHS education in Dzodze and those moments had been a hard one since I am with a single parent. I had to help my mum every day after school so that she can get enough to support me and my other siblings’ education. I passed my BECE by the grace of God and had to continue. My mum by her hard work saw me through secondary education and I have successfully completed to the Glory of God.
I have after my secondary education, I entered into a craft to save money for my tertiary education.

My Business

My Business
I have been engaged in the weaving of Kente cloth for about a year and a half now. I had learnt this craft from a friend while I was schooling; I did that during my vacations. Kente cloth is an African traditional wear which is common in Ghana. It is one of the most expensive and cherished clothes worn during special events. It is mostly worn by kings in Ghana.
This is how I operate the business. The major material required for the production of kente is tread. Different kinds and colours of thread are used. Since there is not enough money to buy the threads, the buyers of the cloth buy the tread for me and I weave for them from which I am paid. This they do on monthly basis

Loan Proposal

THE LOAN I JUST COMPLETED HELP ME A LOT, I WANT MY LENDERS TO GIVE ME ANOTHER LOAN WHICH I AM GOING TO USE IN BUYING MORE MATERIALS.
I PLAN TO EMPLOY ADDITIONAL ONE PERSON TO THE LEFT WORKERS AND MYSELF IT WILL HELP THE PRODUCTION , AGAIN THE BUSINESS IS VERY GOOD I GET PROFIT ALL THE TIME, THANK YOU.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Mar 19, 2015

Repayment status

Late

Projected term

7 weeks

Other loans

Lenders

C

cocolo

United States

J

Jaygee2014

Alberta, Canada

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

Loading...

Loading...

Loading...