My small restaurant

Marlies

Suhum, Eastern Region- Ghana, Ghana

100% repaid

Entrepreneur

Name

Marlies

Member since

May 2016

On-time repayments

55 installments  •  71%

About Me

My name is Marlies Aggrey . when i was a child i loved toys and i can still see that i love them except they are bigger toys now.
i am a high school graduate, i studied home economics in high school. so when it comes to cooking, that is my field.
My mother used to run a local chop bar, when i left school, i took it upon myself to run it for her since she was getting more older by the day. it was a decision i was scrutinized and humiliated about even by my own friends but i had faith in my own decision.
i took up this duty and today, my CHOP BAR is one of the best if not the best in my locality. so i did not really had to start afresh i only took over from my sweet mother. Yet i had to take certain critical decisions at the work place since i have two workers helping me already. the dream is to expand it to a restaurant status and everyday when i walk in there in the morning, i remind myself of how we start with just two tables, myself and a cousin doing all the job and today, i have two workers and more than five tables with chairs for customers to sit on and eat.
i spend spare time reading books and listening to music. i love country music actually from Kenny Rodgers.
i have a dream to build the first restaurant in my locality and that quest is what has brought me on Zidisha platform today.

My Business

I operate a chop bar that serves local foods like fufu, Banku and soup and many others and also jollof rice and some few soft drinks as well.
People usually like to eat good food and the one in well hygienic environment like mine.i choose this kind of business because i saw an opportunity in growing something that my own mom have already started and also due to the high demand and the profit involved.
the truth is, since we are dealing with food, it is highly profitable. we make more than 50% profit on the expenditures we make daily. and this is a daily business. once you open the bar, people will surely come and eat.
Since i am not the sole owner of this business, although i take all the basic decisions, i am entitled to 60% of the profit and the rest goes to my mom and that is after deducting the wages of the two workers. i save 80% of my share of profit and live on 20%. i am happy for my mom since she can now fully rest whiles i run affairs at the Bar.

Loan Proposal

when my project is fully supported i will invest the whole of the funds into my business. it will help me a lot to get ahead and strengthen me as well.
i will buy three bags of rice for some $100, cassava, plantain and the rest will add up to some $50, then the rest will be used to purchase furniture like table and chairs on which customers will sit on and eat when they visit.
with this i expect my profit to increase in such a great way while i make impact in my community at large. kindly come to my aid in this process....

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Jun 14, 2016

Repayment status

On Time

Projected term

68 months

Other loans

Lenders

A

Anonymous

United States

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