Flour and baking equipment for my bakery
Richard
Elmina In Cape-coast, Ghana
100% repaid
Entrepreneur
Name
Richard
Member since
February 2015
On-time repayments
291 installments • 58%
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 will buy baking equipment and flour with this my new loan. All these will cost me an amount of 1300 dollars. With this, it can help me serve my customers with urgency. It will me increase my profit base. Thank you.
About Me
I am Richard Asamoah, 25 years old and I started my primary education at Super confidence international school were 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 had to leave my parents and lived with a relative. I like the Ashanti culture because i could see them eating "fufu" early morning or late at night. And moreover their language is very powerful in the sense that is dominating all over Ghana. What i like enjoying most was table tennis, the reason been that it involves all the body parts and also a good exercise that is.
My Business
My business is entitled Good Father Bakeries located at Asokore Mampong. Initially i were the only baker who eatablised myself there, so the demand and supply were very high and was making quite some profit. I chose this business because, my locality wasnt having any bakery centre so after a while 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 providin for the length and breadth of Kumasi.
Loan Proposal
I will buy baking equipment and flour with this my new loan. And all these will cost me an amount of 1300 dollars. with this it can help me serve my customers with urgency. It will me increase my profit base. thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$488.00
Date disbursed
Apr 17, 2018
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Gold River, Canada
United States
Spain
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Summary
Amount repaid
$426.54
Amount remaining
$0.00
Date repaid
Aug 2, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 25, 2018 | $33.62 | Apr 30, 2018 | $33.62 |
| May 2, 2018 | $33.62 | May 6, 2018 | $33.62 |
| May 9, 2018 | $33.62 | May 18, 2018 | $31.38 |
| Jun 1, 2018 | $2.24 | ||
| May 16, 2018 | $33.62 | Jun 1, 2018 | $33.62 |
| May 23, 2018 | $33.62 | Jun 1, 2018 | $8.97 |
| Jul 2, 2018 | $22.41 | ||
| Jul 9, 2018 | $2.24 | ||
| May 30, 2018 | $33.62 | Jul 9, 2018 | $20.17 |
| Jul 11, 2018 | $13.45 | ||
| Jun 6, 2018 | $8.97 | Jul 11, 2018 | $8.97 |
| Jun 13, 2018 | $0.00 | ||
| Jun 20, 2018 | $0.00 | ||
| Jun 27, 2018 | $0.00 | ||
| Jul 4, 2018 | $0.00 | ||
| Jul 11, 2018 | $0.00 | ||
| Jul 18, 2018 | $11.21 | Jul 14, 2018 | $11.21 |
| Jul 25, 2018 | $33.62 | Jul 14, 2018 | $11.21 |
| Jul 17, 2018 | $14.12 | ||
| Jul 26, 2018 | $8.29 | ||
| Aug 1, 2018 | $14.12 | Jul 26, 2018 | $14.12 |
| Aug 8, 2018 | $156.90 | Aug 2, 2018 | $156.90 |
guenter Aug 20, 2018
Mary Feb 13, 2018
Richard Mar 28, 2018
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