Baking equipments for bread baking

Entrepreneur

About Me

I am Richard Asamoah, 25 years old. I started my primary education at Super Confidence International School. I furthered my junior education at T. I. Ahmadiyya Junior High School - Asokwa. After I obtained my Junior High certificate, things became unbearable for me. So I had to leave my parents and I lived with a relative. I like the Ashanti culture because I could see them eating "fufu" early morning or late at night. Moreover, their language is very powerful in the sense that is dominating all over Ghana. What I enjoy most is table tennis, the reason being that it involves all the body parts and is also good exercise.

My Business

My business is entitled Good Father Bakeries. It is located at Asokore Mampong. Initially, I was the only baker who established myself there, so the demand and supply were very high and I was making quite some profit. I chose this business because my locality didn't have any bakery centre, so after awhile I decided to venture into that. The interest, or better still the profit gained, is reinvested into the business to extend my productions. I want to produce on a larger scale to provide for the length and breadth of Kumasi.

Loan Proposal

I would buy baking equipments with the loan, this going to help me at the first place bake the bread. And moreover buy two bags of flour and two set of margarine. All this would cost me an amount of 300 $. With this addition my whole family is going to join hands on desk to help expand the business greatly. I can also extend my time of baking , simply because more baking staff would be available for baking and consumers and customers from all facets of life would have their share of the product they need. I can then say with all certainty that, this loan is going to help my profit to increase by 32 %

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