Entrepreneur
Name
Dorcas
Member since
March 2016
On-time repayments
182 installments • 75%
About Me
My name is Dorcas Afrane. I was born on July 31st, 1977 in Takoradi in the western region of Ghana. I was born into a family of 10 including my parents. I started school when I was 6 years old, but my education was not that smooth because my health was a challenge. As a result of the large family size, I opted for vocational school after completing my basic education.
In 1996, I had a chance to visit my uncle in Nigeria. That short visit turned into almost a decade and half. It was in Nigeria that I dreamt of starting a pastry business, and I started making plantain chips in Nigeria. I returned to Ghana after 14 years in Nigeria.
My Business
Upon my return from Nigeria, I researched to find a good business idea. One thing led to the other, and I determined that a business making plantain chips could flourish here.
So far business has been good. My only challenge is that I need money to expand the business to meet higher demand from my clients.
This a summary of my current weekly expenditures:
- Cooking oil: $28.00
- LPG (gas): $30.00
- Plantains: $90.00
- Polythene (packaging): $13.00
- Transportation: $13.00
-- Total: $180.00, of which I am able to earn $52.00 in a week as profit.
Loan Proposal
My business grows on the ability to attract and keep clients. Selling plantain chips is very lucrative in Sunyani. I wish to apply for a loan of $800.00 to meet demand from my clients. The market is growing for plantain chips, and I believe I am in a good spot to maximise my market share. With this loan, I will be able to produce 4x my current capacity and earn $150.00 per week. I will use the money to buy more plantains, cooking oil, LPG (gas), and polythene packaging. My weekly expenses and income will double with this loan.
Here is a possible summary of my weekly expenses:
- Cooking oil: $40.00
- LPG (petroleum gas): $50.00
- Plantain: $190.00
- Polythene (packaging): $20.00
- Transportation: $15.00,
- Total: $315.00, of which I expect to earn $150 a week as profit
I believe the lenders of Zidisha will help me fulfill my dreams and help increase my family's living standard. Thank you!
About Me
My name is Dorcas Afrane. I was born on 31st July 1977 in Takoradi in the western region of Ghana. I was born into a family of 10 including my parents. I started schooling at 6 years. My schooling was not that smooth because my health was a challenge. And as a result of the large family size, I opted for vocational school after completing my basic education.
In 1996, I had a chance to visit my uncle in Nigeria. The short visit was extended to almost a decade and half. It was in Nigeria that, I dreamt of the business of pastries. I started making plantain chips in Nigeria for a while. I returned to Ghana after 14 years in Nigeria.
My Business
Upon my return from Nigeria, I did survey around for some business to do. One thing led to the other and I realize that my business of making plantain chips will flourish here. My main business is making plantain chips. So far it has been good. My only challenge is the money to expand the business to meet the needs of my clients. This a summary of my weekly expenditure on my business: cooking oil - $28.00, LPG - $30.00, Plantain - $90.00, Polythene – $13.00, Transportation – $13.00 Totalling to $180.00, I am able to get $52.00 in a week as profit.
Loan Proposal
My business grows on the ability to attract and keep clients. Selling plantain chips is very lucrative in Sunyani. I wish to apply for a loan of $800.00 to meet demand from my clients. The market is growing for plantain chips, and I believe I am in a good spot to maximise my market share. With this loan, I will be able to produce 4x my current capacity and earn $150.00 per week. I will use the money to buy more plantains, cooking oil, LPG (gas), and polythene packaging. My weekly expenses and income will double with this loan.
Here is a possible summary of my weekly expenses:
- Cooking oil: $40.00
- LPG (petroleum gas): $50.00
- Plantain: $190.00
- Polythene (packaging): $20.00
- Transportation: $15.00,
- Total: $315.00, of which I expect to earn $150 a week as profit
I believe the lenders of Zidisha will help me fulfill my dreams and help increase my family's living standard. Thank you!
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$507.00
Date disbursed
Jul 20, 2017
Repayment status
On Time
Projected term
8 months
Lenders
Ask Dorcas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$507.33
Amount remaining
$0.00
Date repaid
Oct 19, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 30, 2017 | $11.98 | Jul 30, 2017 | $11.98 |
| Aug 6, 2017 | $11.98 | Aug 6, 2017 | $11.98 |
| Aug 13, 2017 | $11.98 | Aug 13, 2017 | $11.98 |
| Aug 20, 2017 | $11.98 | Aug 20, 2017 | $11.98 |
| Aug 27, 2017 | $11.98 | Aug 28, 2017 | $11.98 |
| Sep 3, 2017 | $11.98 | Sep 5, 2017 | $11.98 |
| Sep 10, 2017 | $11.98 | Sep 12, 2017 | $11.98 |
| Sep 17, 2017 | $11.98 | Sep 17, 2017 | $11.98 |
| Sep 24, 2017 | $11.98 | Sep 24, 2017 | $11.98 |
| Oct 1, 2017 | $0.00 | ||
| Oct 8, 2017 | $14.37 | Oct 1, 2017 | $11.98 |
| Oct 10, 2017 | $2.40 | ||
| Oct 15, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Oct 22, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Oct 29, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Nov 5, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Nov 12, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Nov 19, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Nov 26, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Dec 3, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Dec 10, 2017 | $14.37 | Oct 10, 2017 | $14.37 |
| Dec 17, 2017 | $14.37 | Oct 10, 2017 | $1.44 |
| Oct 19, 2017 | $12.93 | ||
| Dec 24, 2017 | $14.37 | Oct 19, 2017 | $14.37 |
| Dec 31, 2017 | $14.37 | Oct 19, 2017 | $14.37 |
| Jan 7, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Jan 14, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Jan 21, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Jan 28, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Feb 4, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Feb 11, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Feb 18, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Feb 25, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Mar 4, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Mar 11, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Mar 18, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Mar 25, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Apr 1, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Apr 8, 2018 | $14.37 | Oct 19, 2017 | $14.37 |
| Apr 15, 2018 | $11.50 | Oct 19, 2017 | $11.50 |
Vicki Stewart Apr 16, 2018
Dorcas Jun 6, 2018
Loading...