Renovation and repair of my clothing shop

Evelyn

Accra, Ghana

100% repaid

Entrepreneur

Name

Evelyn

Member since

August 2015

On-time repayments

36 installments  •  61%

About Me

my name is Evelyn Akpene Hotor, A seamstress in a small shop around the club thousand hotel in pig farm Accra-Ghana.
I am married to Mr. Moses Hotor. We have four children and are all girls, three of our children are in school while the last born is yet to start schooling.
My husband`s earnings are inadequate to support our children education, so everything concerning the shop i work in, is solely handled by me. Nevertheless, it`s my responsibility to help my husband, in the affairs of our children and home but in the same time, my shop is almost at the verge of collapse. The structure of the shop is being eaten by termites and there`s no way it can be controlled than to demolish it down and rebuild it up.

My Business

I operate as a seamstress in a small shop, close to my house. With the little earnings i make from the services i render to my clients, i am able to save some amount of money to carter for my children in school, but then due to the up-downs in the business of sewing, sometimes it`s really hard to make an ends meat, not to talk of saving some amount. Meanwhile, there`s the need for me to save towards the repairs of my shop so that i can meet the public demand of a standard shop in terms of branding. But i am convinced that, once i am able to renew the status of my shop, i will be winning new customers for the time being while i plan towards enlarging my business.

Loan Proposal

i wish to apply for a loan of Ghs555.00 to enable me embark on a rehabilitation work on my clothing shop. Haven done an assessment my shop, i realized that there was the need for a rehabilitation works and an expansion work on my shop. This will boost up the patronage of client and also attract more clients to my shop.
NEEDS: building materials such as, building cement, wood, paint etc. cost...Ghs 300.00
labor cost..Ghs 250.00 for masonry and painting
benefit... the new look of my shop would attract more clients and more cloths would be sewn and more profit would be earned.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 27, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

C

Christian

Saarbruecken, Germany

johnandmoliehi

Canton, New York, United States

H

hwwijono

Jakarta, Indonesia

tasos

hove, United Kingdom

H

hanh352

Homosassa, United States

SeeMeeFi

Ontario, Canada

M

marcmesich

Kaohsiung, Taiwan

L

Leonora

TÄBY, Sweden

Z

zvrk2014

Brookline, MA, United States

P

plhughes

United States

T

TrademarkMan

United States

S

sarahb

United States

Michel Bavin

Antwerp Area, Belgium

I

ident

Horsholm, Denmark

Kyle Hoback

Omaha, United States

M

Malte

Munich, Germany

TM

Theo Mbise

Switzerland

PP

Pasi Paajanen

Helsinki, Finland

WE

Wendy Emlyn

Devon, United Kingdom

Cristina Huesch

Canberra, Australia, Australia

BB

Ben Bellows

United States

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

J

Jeff

United States

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Summary

Amount repaid

$145.75

Amount remaining

$0.00

Date repaid

Nov 26, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 6, 2015 $12.50 Sep 7, 2015 $12.50
Sep 13, 2015 $12.50 Sep 11, 2015 $12.50
Sep 20, 2015 $12.50 Sep 18, 2015 $12.50
Sep 27, 2015 $12.50 Sep 25, 2015 $12.50
Oct 4, 2015 $12.50 Oct 2, 2015 $12.50
Oct 11, 2015 $12.50 Oct 11, 2015 $12.50
Oct 18, 2015 $12.50 Oct 23, 2015 $12.50
Oct 25, 2015 $12.50 Oct 23, 2015 $12.50
Nov 1, 2015 $12.50 Nov 3, 2015 $0.25
Nov 3, 2015 $12.25
Nov 8, 2015 $12.50 Nov 3, 2015 $0.25
Nov 11, 2015 $12.25
Nov 15, 2015 $12.50 Nov 11, 2015 $0.25
Nov 16, 2015 $12.25
Nov 22, 2015 $8.25 Nov 16, 2015 $0.25
Nov 26, 2015 $8.00

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