Making detergent to support my daughter's education

Sarah

Berekum, Ghana

3% repaid

Entrepreneur

Name

Sarah

Member since

April 2015

On-time repayments

219 installments  •  25%

About Me

I am a 20 year old lady who started her basic education at the St. Monica's primary and Junior High School. Unfortunately for me I had to drop out due to financial problems. At the beginning, things weren't that easy but through hard work and determinations, I could achieve something out of nothing. My big brother came with an idea that we should begin our own business. He wanted us to do some soap and detergent, sorrelle drink and fruit drink business. Well, we started alright but the challenges were so much that he almost quit. I love to watch local movies and listen to music.

My Business

The business is actually into soap and detergent and cosmetics and drinks production. For now, we manufacture liquid detergents and sorrelle drinks. These products that we manufacture are in a high demand because people use them everyday. Our products in particular are also affordable and provide many benefits. The liquid detergent does not just cleanse clothes but also provide the skin with some protection due to the addition of humectants and vitamin E. We chose this kind of business because we felt we needed to begin something to earn some money to support support the family and my child's education. The products come with affordable price and are quality. The revenue for now is about GHS 6,000. I wish to reinvest my profit and also use most part to take care of the house.

Loan Proposal

My daughter is now above 2 years and ready to get to the classroom but as a lonely mother, this may require the help of good people to be a reality. Therefore I honestly beg for your support. When I receive this loan, I will use part to pay for my daughter's school fees, buy chair and table, napkin, school uniform, school bag, some items requested by the school such as toilet roll, baby diapers, cloths, tissue paper, socks, shoe, sandals, food flask, water bottle and many more. According to the school, the admission fee alone is $120. So the admission fee with the items requested, may amount to about $200 without the child's feeding fee. So like I said, I will use part of the loan to pay for these.
For the second part of the loan, I will invest it in my business. I will use the money to buy some little but necessary equipment such as pH strip, blender, plastic tables, benches and instruments, chemicals, ingredients, motor bikes and items for my manufacturing company. This will also cost around $140.
Getting the loan can help me send the child to the best school for better education and also help me run my soap, food and cosmetic business.
Thank you and God bless you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Sep 9, 2016

Repayment status

Late

Projected term

36 months

Lenders

lorrymac

Killough, United Kingdom

Martin

Manama, Bahrain

S

SammyGeorge

Belfast, United Kingdom

Leonardia

Waddinxveen, Netherlands

SuperMario28

Cudahy, United States

Matt B

Stratford Upon Avon, United Kingdom

K

K

United States

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

DM

Dimitri Malarme

Brussels, Belgium, Belgium

Elise E

United States

Dirk

Penang, Malaysia

Craig Newmark

United States

Seppo Ruohonen

Vantaa, Finland

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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