Rice and vegetables for my restaurant

Grace

Kumasi, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Grace

Member since

January 2019

On-time repayments

11 installments • 64%

About Me

I am Grace Boadu Ayeboafo, a young woman of thirty-one years of age. I am the tenth born of my parents and I started my education in Ashanti Region surburb called Boamang. I was a brilliant student but due to to financial constraints, I dropped out of school to help my mother who was a farmer but died in 2012. However, by God's grace I am a married woman with four kids who are of school age and are schooling.

My Business

My husband gave me capital to start food sales business to support him. Because of the low start capital, only small quantity of materials could be bought for the business. Business was started and as it stands now, I can estimate an increasing profit margin. To maximize profit and to introduce new varieties of foods, I need to increase capital. The profit will be used to financially support my husband in house keep.

Loan Proposal

The loan will be reimbursed into my food sale capital. This will enable me increase the quantities of vegetables and cups of rice that I buy to prepare my jollof rice for sale. In deed, this loan will help increase my profit margin to help relieve us of some financial burden especially in the day-to-day school activities of our kids. I would be grateful if I'm lend this support. Thank you.