To buy sewing machine and materials for smock sewing

Ibrahim Alimyaw

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Ibrahim Alimyaw

Member since

May 2020

On-time repayments

61 installments  •  61%

About Me

My name is Alimyaw Ibrahim and I am twenty five years of age. I belong to a family of five siblings and I am the second born to my parents. I couldn't further my education after the basic school because I lost both my parents and life was so unbearable as my elder sister was finding it difficult to take care of us. So I decided to enter into something that can help me to take care of myself and my other siblings so I was introduced to smock sewing and weaving.

My Business

By God Grace I am working and sew smocks for sale. All my business source of income comes from the selling of my smocks and customers comes and buy them at wholesale prices and they go and sells them.
This helps me a lot and I have been able to train apprentices that are working with me and helps me to produce or finish works on time so that customers can get smocks to purchase whenever they want to buy.

Loan Proposal

My business is improving and I am improving in my profits also. The loan will be use to buy more of the materials needed for my smocks sewing and sewing machine for the smock business and it will help me to produce more of my smocks sewing and be able to meet my customers demands and it will help me to produce more of my smocks sewing at the needed time and to also increase my profits. The loan will be use purposely to buy materials needed for the smocks sewing and a sewing machine. Thank you

Income Source

Many businesses were affected due to the covid 19 and it has make more business not operating well. Businesses are operating fully here in Ghana and selling and buying are what we are doing here and because of this, I can repay my loan on time.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$485.09

Date disbursed

Jan 4, 2021

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $17.60

Credit risk payment: $45.71

Optional expediting fee: $35.20

Lenders

AltruisticSelfishnes

Chicago, United States

G

guenter

Bremen, Germany

H

hilde

seattle, United States

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Bobrm2k3

Charleston, United States

ibc123

Seattle, United States

MrMichigander

Marquette, United States

mikeice

Kohler, United States

sderickson

Berkeley, CA, United States

B

bscent

Hong Kong

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Dave Bogard

New York, United States

Robert

Sweden

moursund

Beaver Nation, United States

I

Ian

United Kingdom

C

cota

United States

AH

ajay hampapur

United States

Aran Dunlop

United States

Rory McLaughlin

Dallas, United States

SA

Shar Alamdari

Los Angeles, United States

VC

Victor Chong

United States

D

Dalton

San Francisco, United States

S

Sarah

Arlington, United States

CJ

Chloe Jensen

United States

Nick Studenski

Minneapolis, United States

M

Malte

Switzerland

We Not Me

St. Paul, Minnesota, United States

Joshi

United States

L

Lisa

United States

C

Camm

Australia

alexalexalex

Berlin, Germany

RS

Ralph Smyth

United Kingdom

NB

Nikolaus Bührer

Karlsruhe, Germany

M

MaggieK

United States

M

Melissa

United States

R

Ru

New York, United States

MN

Mike Newhof

Grand Rapids, MI, United States

B

Byron

Australia

GR

Gabe Radovsky

United States

PP

Phil P

Malaysia

Jan

Poland

K

Kieran

United Kingdom

C

Christopher

United Kingdom

Michael Chew

Melbourne, Australia

B

Bharat

Princeton, United States

B

Berend

Netherlands

TM

Toby Minton

United States

Ask Ibrahim a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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