To restock my dressmaking shop

Lambon Belinda

Ghana, Ghana

100% repaid

Entrepreneur

Name

Lambon Belinda

Member since

April 2021

On-time repayments

15 installments  •  47%

About Me

I'm Adwo Lambon. I'm a married woman with two kids. I was born and raised in Tambona a village in the nothern part of Ghana. l completed Junior High School but due to financial problems i couldn't continue my education. I then decided to go and learn how to sew clothing(seamtress) in the year 2012. so after four years of apprenticeship, i became a qualified person. After acquiring my own workplace i decided to add a little business to it where i sell a varied of items such as buttons, zips, lining, biers, etc. It's been a very busy and i'm really enjoying my work.

My Business

My business is moving on smoothly as i'm into dress making and also sells a varied of items. My business is very enjoyable as i interact with different people on daily basis. My busy times are when there a lot of social gatherings such ad funerals, festivals, church activies and many other activies. I make a lot of money during these seasons. Many peoole also come to my shop to buy things like zips, buttons, kente clothes, lining, etc.

Loan Proposal

I'm going to use the loan to buy items like zips, buttons, lining, biers, pins, threads, clothes, sandles, kente clothes, etc to restock my shop. These things will go a long way to increase my revenue. It will help me to expand my business as well increase my returns for the week. I hope if i'm given the loan i would be able to repay on time.

Income Source

This fact cannot be over looked because the current pandenic has really affected many businesses and therefore as a business minded person, you would have to factor in these risks. So, i make a lot of savings from the sales i make from the selling if my items as well as the money i get from my sewing business. Therefore if there should be any unfortunate situation these savings would be use to take care of it.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.91

Date disbursed

Apr 28, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $2.15

Credit risk payment: $6.20

Optional expediting fee: $6.58

Lenders

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