Loan to buy electric oven

Erica

Kintampo, Ghana

100% repaid

Entrepreneur

Name

Erica

Member since

July 2016

On-time repayments

87 installments  •  9%

About Me

My name is Erica Gyamfuaa.I am the only child of my parents. I started school at Our Lady of Apostles [OLA] at Kenyase in the Brong Ahafo Regoin and completed in 2006.
I was told my father rejected the pregnancy because he was then a student at the training college. My father came back to beg my mother but my grandparents denied him because of the shame he brought to the family. My mother is now old and not all that healthy, so I entered some petty trade. The people in my community are caring, supportive and friendly so Is given money by a friend to start a petty trade.I like reading when I am not doing anything. I have 2 children and they are all girls.

My Business

I started the business with three hundred and fifty dollars and this money was given to me by friends whom I entered fellowship with.
The money was given to me as a loan. I used the money to bake bread and sell them. The reasons for this business is to get money to cater for myself and my noble mom and also to provide service to the people in my community.
The good news about this business thus food items business is that it fetches a lot when mostly everybody takes it as breakfast.

Loan Proposal

with the loan from zidisha lenders if i am able to buy the electric oven worth$220. I will be able to bake and also sell more bread this will increase my revenue and also reduce the health implication in baking and i will be to make profit of $50 on this.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Aug 8, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Margaret    Feb 18, 2017

    Erica, if you see this please note that making payments no matter how small will help you to get loans in the future. Over 100 people went out of their way to provide you this loan, you should therefore make some effort to pay it back as you did your first loan.

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  • Agyeiwaah    Jan 19, 2017

    Erica Gyamfuaa phone is off .The different numbers of its contacts are also off.

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  • Agyeiwaah    Dec 19, 2016

    Erica Gyamfuaa phone is not working.

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  • Margaret    Nov 7, 2016

    Hi Erica,
    I hope you are okay. I noticed you have missed several payments, if you need to reduce your payment amount please contact. [email protected]. Regards, Margaret

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  • Margaret    Oct 12, 2016

    I hope the loan fron Zidisha helps you to grow your business so your children can enjoy their schooling. Best of luck to you!

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  • Erica    Oct 12, 2016

    I will be able to pay my child fees and this will reduce the stress so that i can work to pay back the loan. Thank you zidisha lenders

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  • Erica    Oct 8, 2016

    The loan has been really helpful in my baking business and it has let my business grow. i very grateful for the help.

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  • Erica    Sep 27, 2016

    health reasons

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  • Erica    Sep 19, 2016

    business is good

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  • Erica    Aug 12, 2016

    business is down

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  • Erica    Aug 2, 2016

    i will buy electric oven. it will help me with my bread business. thank you Paul

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