Loan to revamp my clothes sale business
Bermah
Dormaa Ahenkro, Ghana
3% repaid
Entrepreneur
Name
Bermah
Member since
April 2016
On-time repayments
200 installments • 0%
About Me
Iam a woman of 56 years and a farmer but l do clothes sales as my major occupation.l started this business when l was 20 years.My husband died early and left on me 10 dependant. I used this business to cater for myself and my family.recently there were power crises in Ghana so because of that there had been a power outbreak in my store.Most of my clothes in stock got burnt. I have lost part of my capital.l heard about you through my daughter so lam counting on you to help me bring back my business
My Business
The name of the business is "Nyame nnae" which means GOD has not slept.it is located at Dormaa Sports Stadium just opposite.some of the clothes sold there are Kente,gyine ASA,Sankofa etc.some of them are sold at40GHS,20GHS,50GHS etc.l believe when l get this loan l will be able to bring back my business and cater for my younger children who have got admission onto the university of cape coast.This loan could help me to cater for myself also.
Loan Proposal
This loan could help me to revamp my clothes sale business.when l get this loan l am going to us 100ghs to repair my burnt kiost so that l can get back into it.l will also use 50ghs to to change the old cables to prevent any future occurance.The rest would be used to supplement the old clothes with new ones to help my customer get what they need so that l will get profit to repay my business
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
May 5, 2016
Repayment status
Late
Projected term
46 months
Ask Bermah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.