A loan for electrical oven and flour for my bakery bussiness

Nanaama

Senase, Ghana

5% repaid

Entrepreneur

Name

Nanaama

Member since

September 2015

On-time repayments

20 installments  •  5%

About Me

I am the second born in a family of 4 siblings. I have studied up to form four and due to the family status I was not able to proceed to Secondary school, instead I decided to take a vocational course where by I did bakery and i started baking at Berekum. I have continued with this business for about three(3)to four(4) years now.
And I really have the passion for this job and is my obligation to repay any amount granted to me by my honorable lenders.
Thank you Zidisha.

My Business

My business is solely involved in making bakerys ( bread,cake,dougnut,etc) I normally distribute to local retail shops and get a profit which vary form the distance of various retail shops.
I am very passionate in doing this business because there is some returns on this investment, as I take it as a way of feeding the nation. I believe this business can assist me move to the next level in the business community and become a middle level business entrepreneur in the next 3 years, it is my sincere hope that I will later set up a small milling industry in this location Berekum because the demand is much bigger than even the supply due to the ever rising population.
I hope if given opportunity I will honor my obligation of paying all my loan with diligence.

Loan Proposal

When Zidisha loan is been given to me,i will be able to purchase quality electrical oven which cost about(Gh¢700) and flour of 2 bags of 90 KGS. These 2 bags will cost(Gh¢600) but when I retail the 2 bag, it will take me between 2 to 3 days to sell the 2 bags and earn aproaximately (Gh¢400) in each of the bags. The rest (Gh¢300) I will use them to purchase 2 bundles of margines,sugar,nutmeg,salt and other stocks in other to make the baking.this bussiness has really help me in my entire life and This is one of the best market niche in the community which can be converted into cash within a very short period of time.
Thank you zidisha.org.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 16, 2015

Repayment status

Late

Projected term

4 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

J

jzidi

Los Angeles, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

Stefano Bertolo

Luxembourg, Luxembourg

Evan Lamos

Brussels, Belgium

mepster

San Francisco, Ca, United States

Roy

Espoo, Finland

DW

Dana Whicker

United States

Chuck

Manchester, United Kingdom

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