Bulk stock of flour, margarine and butter to increase bread production
Ofori Yeboah
Kutre, Ghana
100% repaid
Entrepreneur
Name
Ofori Yeboah
Member since
May 2015
On-time repayments
215 installments • 48%
About Me
My name is Ofori Yeboah Enoch, I come from the Brong Ahafo part of Ghana , am a fourth born child in a family of six children ,Our father died when I was still in high school and that made the turning point of our life, My Mum who was a nurse then had to struggle to pay school fees for all of us and also provide basic needs for the six of us.
We all worked hard in school and during holidays and weekends we would help mum by hawking groundnuts sweets and soda to supplement her little earnings, we were supportive of each other and would allow Mum to buy us uniform in terns since she could not handle all the pairs at a go , but all in all we made it thru the Grace of God. Am now a teacher.
My Business
Genuine bakery deals baking and selling of bread. My aim now is to buy a flour and magarine and other things that we assist me in the bakery services. Since I am a teacher I want to employ more people to assist them to have a knowledge in small scale business.
The profit made is used paying the workers that I employ into the work and I use some to help my junior siblings who are also in school going ageI will pay my loan through my sales as stipulated in our agreement, thank you for considering me, it’s a great honour
Loan Proposal
when i receive this loan i will purchase six bags of flour which will cost 242.11 dollars, three baskets of margarine which will also cost 120 dollars and buy a bag of sugar and other additives such as nut milk, milk etc. this will help me supply to more provision stores and supply more to the schools that i supply to. this loan will give a tremendous increase in the profit that i make daily. i am trying to employ another laborer added to old laborers that i already have.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$421.00
Date disbursed
Oct 2, 2015
Repayment status
On Time
Projected term
4 months
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