New varieties of fabric for my dressmaking

Asante

Nsoatre, Ghana

5% repaid

Entrepreneur

Name

Asante

Member since

August 2016

On-time repayments

20 installments  •  55%

About Me

My name is Asante Michael. I come from Nsoatre in the Brong Ahafo Region. I was born on the 27th of January 1980 in Nsoatre. We are four in our family, my mother, father, my brother and myself.

I started my basic education at Noatre Methodist JHS, completed and continued at Nosatre Senior High School in the Brong Ahafo Region. After completing, I continued at Berekum College of Education. I am now in my final year and doing my service at St. Monica's Basic School.
I developed an interest in sewing when I was about to complete my senior high school, when our madam taught us sewing as a subject. I started my own fashion clothing center in the year 2012.

My Business

I joined a fashion designer in my area in the year 2011 to learn more about fashioning. I started my own fashion clothing centre in the year 2012 with a base capital of 850 dollars. I was given a storeroom in my father's house to start my own centre. I started my own fashion clothing with two sewing machines with no apprentices.

After being in the business for about six months, it came to my notice that the people in Nsoatre had developed an interest in my designs. I then started to distribute my designs to some market people who sells clothes. I got two people who have also got interest to learn the designs, so I employed them.
Now, I have two stores with seven assistants who are learning to become designers. I look up to expanding my centre to get additional two or three sewing machine to be able to employ more people to learn sewing. I estimate about 2,000 dollars for my expansion work.

Loan Proposal

hello my dear generous lenders l would like to take this opportunity thank you and appreciate how far you have improved my business and may the Almighty father should richly bless you and l would appeal you to lenders for another loan to purchase more cloths for my dressmaking work to increase my revenue so that l can cater for my family thank you for reading and all you contributions are welcome

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$285.00

Date disbursed

Nov 8, 2016

Repayment status

Late

Projected term

50 months

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