Loan to purchase knitting and sewing materials

Martha

Ashaiman, Ghana

9% repaid

Entrepreneur

Name

Martha

Member since

March 2016

On-time repayments

191 installments  •  52%

About Me

My name is Martha tetteh i hail from ashaiman.
I completed ashaiman government school in 2006 and further to Tema girls vocational where i learn sewing and decoration.
After school i went into apprenticeship to polish my skill.
I work with a chines sewing enterprise called oak broke in the Ghana free zone company.

My Business

I began seamstress work in ashaiman.currently i sew cloths for ladies and children ,it is a very competitive environment but with the skills and experience i was able to gain steady number of customers for my self.
I would like to develop the skill in way to suit the demand of my cherished customers and beyond.

Loan Proposal

I wish to apply for a loan to buy a new knitting machine at price of$ 400 and the rest of the $100 will used to purchase other sewing materials like zip,lining and sewing pin to add to ones i bought with the previous loan you gave me.

i will also purchase new African fabrics at $239 as part new business venture in addition to my sewing business

Purchasing this new machine will make my work very fast and convenient for me and my customers.

I expect my business to make at least 60 % profit if am able to buy this machine and the sewing materials.

Thank you

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$757.00

Date disbursed

Oct 10, 2017

Repayment status

Late

Projected term

27 months

Lenders

J

jsbisa

New Orleans, Louisiana, United States

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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