Loan to buy a tailoring machine
Mohammed Ibrahim
Techimsn, Ghana
8% repaid
Entrepreneur
Name
Mohammed Ibrahim
Member since
August 2016
On-time repayments
164 installments • 31%
About Me
My name is Ibrahim Mohammed. I leaves currently in the southern part of Ghana. I leaves my only mother ,since my father passed on.vi am the third Born among my family. I have my secondary education. After that I thought it wise to do business. Learning trading was an advantage to me since I have learn something small about dress making. But for all I know things have not been easy at all. But through daily jobs I was able to buy the machines for the dress making. I use two years to learn it since I already have the knowledge at school.
My Business
My name is Ibrahim Mohammed, I am 23 years of age, I wm the thired born among my parents. I started my basic school at jama and completed at soma m/a junior high. I proceeded to senior high at bole in 2011. After my secondary education , I though it wise to setup my owned business. Dressed making was what I always think of. So after my senior high I decided to learn dress making. It took me two years to learned it. After I successfully passed out. I setup my owned. Which I think it is best way to create a job for my own.despite the fact I just entered into the business but it is profitable and economically.
Loan Proposal
I want to buy one tailoring machine for my shop. It cost almost 120$ .I will also buy pack's of needles, pins, threads of which it will be 20$ I will also use the remaining amount to buy stiff and lining which is equal to 15$ . this will boost my profit margin to 5$ a day. The profit again will be used to look or catering for the family and my wards school fees.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$305.00
Date disbursed
Nov 9, 2017
Repayment status
Late
Projected term
26 months
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