Making traditional Ghanaian smocks

Ibrahim Alimyaw

Kumasi, Ghana

7% 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

I intend to request this loan to invest in my smock sales business by enabling me to produce more of the smocks in large quantities to meet customers needs.

Income Source

Many businesses are facing a lot of risks and challenges but because we are selling and trading here in the country, i can pay the loan from the sales of the smocks making. Thank you

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$657.46

Date disbursed

Feb 25, 2021

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: $23.55

Credit risk payment: $94.58

Optional expediting fee: $47.23

Lenders

Martin

Manama, Bahrain

Scotts5320

New York, United States

Paul Buchheit

Mountain View, United States

T

Tanvir

United States

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