Loan to purchase bakery materials
Ernestina Konadu
Berekum, Ghana
100% repaid
Entrepreneur
Name
Ernestina Konadu
Member since
May 2015
On-time repayments
209 installments • 49%
About Me
My name is Ernestina Konadu. I come from the Brong Ahafo part of Ghana, and I am the first 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 house wife then, had to struggle to pay school fees and 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 uniforms in turns, since she could not handle all the pairs in one go, but all in all we made it through the Grace of God. I am now married to a handsome man called Enoch Ofori with one son.
My Business
Givers Bakery deals with baking and selling of bread. My aim now is to buy flour and margarine and other things that would assist me in the bakery services. Since I am into baking, I want to employ more people to assist them to have knowledge in small-scale business.
The profit made is used to pay the workers that I employ, and I use some to help my junior siblings, who are also in school-going age. I will pay my loan through my sales as stipulated in our agreement. Thank you for considering me: it’s a great honor to be part of this family.
Loan Proposal
When the loan is offered me I will use 227dollars to purchase 8 bags of baking flour and 160 dollars to make bulk purchase of Cook brand margarine to support my bakery services.
When these items are received I will get an increase of about 15% monthly in my income generation.
I will use use about 30% of my income to resettle the loan and use the remaining income for savings and pays my workers too.
About Me
My name is Ernestina Konadu, I come from the Brong Ahafo part of Ghana , am the first 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.
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 married to a handsome man called Enoch Ofori with one son
My Business
Givers bakery deals baking and selling of bread. My aim now is to buy flour and magarine and other things that we assist me in the bakery services. Since am into baking, I want to employ more people to assist them to have a knowledge in small scale business.
The profit made shall be disbursed to repay off the loan and some for funding my sibling educational needs, thank you for considering me, It’s a great honor to be part of this family.
Loan Proposal
When the loan is offered me I will use 227dollars to purchase 8 bags of baking flour and 160 dollars to make bulk purchase of Cook brand margarine to support my bakery services.
When these items are received I will get an increase of about 15% monthly in my income generation.
I will use use about 30% of my income to resettle the loan and use the remaining income for savings and pays my workers too.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$338.00
Date disbursed
Aug 7, 2017
Repayment status
On Time
Projected term
6 months
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