To buy new sewing machines

Boabeng

Berekum, Ghana

50% repaid

Entrepreneur

Name

Boabeng

Member since

March 2015

On-time repayments

12 installments  •  75%

About Me

am boabeng sakyi augustine i healed from berekum in the brong ahafo region of ghana. am teacher by profersion my parent are mr and miss wiliams i started my elementary school at berekum presbytrian jhs after suscesfully completion, i went to pursue deploma in education at ofinso colleage of education .i was emproyed by the ghana education service as profershional teacher after obtaining my diploma education. am teaching at biadan methodist junior high school my hobies are reading of story books and listeninig to music.

My Business

i started up a tailoring bbusinesss in the year 2010 i decided to set up this busines simple because there is high demand for it in my town, people were really finding it difficut sew their school uniforms, shirts,trousers dresses, etc .I thought about these and started these busines to be honest,people are really patronizing my service am able to buy to 3 additional sewing machine to the other one.so this increases my profit about 10%. Since the busines was gradually expanded i need aditional sewing machine which will enable me sewed more easily ,admit 7 workers and serve my customers well . The cost of 1 sewing machine will be GHC 500 i will need 7 of these machine mention above.which the total cost may be GHC3500. am appearling to zidisha lenders to help me with loan to get all the necessary machine to make my work easer and faster and also to serlve my customers well.because people are patronizing my servise,am able to make profit and can pay the loan from these profit . am assured you i will pay the loan if am granted . thank you

Loan Proposal

I thank zidisha and my dear lenders for their love for me by helping me to achieved my aim to give employment to unemployed personals and also to get new machines so that work will be easily and faster that I can serve my customers well.Now by their help I was able to employ three people additional to the already one and also am able to buy two additional sewing machine and this has increase my interest about 20%.But still I have not yet achieve my aim.This year I want to employ seven workers and also buy seven seven sewing machines and if possible expand my shop.Due to the increase of my profit, this semester I paid one orphan school feed for her.I am now pleading to my dear lenders to give me another loan to help me achieve my aim and I promise to pay back as suggested because of my increasing profit.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 1, 2015

Repayment status

Late

Projected term

6 weeks

Other loans

Lenders

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