Sachets of water & yarn for weaving Kente cloth

Isahaku Abdulai

Pankrono , Ghana

100% repaid

Entrepreneur

Name

Isahaku Abdulai

Location

Pankrono , Ghana

On-time repayments

126 weekly installments  •  77%

About Me

Am Abdulai Ishaq a Ghanaian from a family of four being the third child.Have completed senior high school and have passed but due to inadequate funds am now home cause my mother couldn't afford the fees for further education from her petty trading.

My Business

Am into kente weaving a locally woven cloth which is in high demand locally and internationally.It is from this kente weaving that I will repay my loan facility from your outfit. Total cost of production is $27with a weekly profit of about $7.With frequent savings, I wish to pay my University fees.

Loan Proposal

With this loan amount,I will go in for sachets of water as well as yarns for my kente weaving business to be able to repay my loan

Income Source

With the coronavirus been declared pandemic and movement of persons being less, I will go by the door to door approach where I deliver the sachets from house to house in my neighbourhood while following strict health protocols because we cannot do away with water. I also leave my contact for whoever will need water and woven clothes to meet desired revenue.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$153.71

Date disbursed

Jun 8, 2020

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $13.41

Credit risk payment: $14.88

Lenders

P

Pablo

RICHMOND, United States

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