Loan to expand my seamstressing business

Mary

Bongo, Ghana

36% repaid

Entrepreneur

Name

Mary

Member since

December 2016

On-time repayments

29 installments  •  21%

About Me

mary awuni is a hardworking young lady who comes from a family where growing up getting three square meals a day was very difficult. as a little girl growing up in bongo it was only on Christmas and new year day that my household would prepare rice with meat. that means rice and meat was eaten only twice in a year by my family and this made us so very much excited when Christmas was approaching. after junior high school i could not proceed to the secondary school and had to learn seam stressing. i have since graduated and has opened my own shop where i sew dresses for both sexes and also retail in materials used for sewing. i like to cook a lot and will want to see my kids grow to becomes intellectuals.

My Business

my business is a very simple one and one i enjoy doing a lot. aside the food it puts on my table i am so passionate about the business because it gives me much joy. i am a seamstress and has a small shop where i sew dresses for both men and women. i also sell materials and cloths for sewing. business is on the rise especially this festive season where every household wants to wear something new. business of this kind are scarce here and that makes my own a good one to do. i make so much money for myself which i reinvest a lot into the business and use some to help my brothers and sisters through school. i need a loan to help me expand and buy more materials as well as upgrade my sewing machine to make it more faster.

Loan Proposal

i need a soft loan to enable me buy more sewing materials in the form of cloths, lining materials as well as upgrade my sewing machine to the standard that makes it work effectively and efficiently. the loan when granted will be used to buy the following
20 yards of cloths which will cost 20 dollars
20 yards of lining materials which will cost 15 dollars
the rest of the money will also go into upgrading my sewing machine for efficiency and effectiveness.
my profits will surely increase by 40% when all these things are brought on board.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Jan 13, 2017

Repayment status

Late

Projected term

6 months

Lenders

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

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