Expanding my baking business

Emelia Lempu

Techiman, Ghana

19% repaid

Entrepreneur

Name

Emelia Lempu

Location

Techiman, Ghana

On-time repayments

16 weekly installments  •  13%

About Me

I'm a self employed caterer whose aspiration is to expand my business and therefore needed financial assistance. In the economic situation where unemployment is rampant, creating my business had been my passion, I successful got my catering business. My business had been in existence for some few years now but had been stagnated by the COVID-19 pandemic.

My Business

My business is into production of pastries such as bread, chips, pie, cake, etc. Since my products are special and unique, I have a lot of customers who patronised my products. I chose to do this business because I have a great passion for it and I have much experience in it. The cost and revenue for this business varies greatly depending on the market at given point in time which typically range from Gh¢800-2000 per week

Loan Proposal

The loan is intended to be used to purchase flour, sugar, and other materials for production of pastries such as margarine, flavors etc.

Income Source

Production in this business is always jeared towards customer-demand. There in order to avoid any wastage, the products shall made to meet the demands of customers

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.80

Date disbursed

Sep 11, 2020

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $8.39

Credit risk payment: $10.87

Optional expediting fee: $8.39

Lenders

tycho

Madison, WI, United States

F

FHult

Stockholm, Sweden

R

Roman

Barcelona, Spain

Cloudways

Malta, Malta

P

pipsy

sm, United States

ads68

Melbourne, Australia

L

Leonora

TÄBY, Sweden

I

idris

United States

H

hayek

Stuttgart, Germany

Hans Rytterbrant

Stockholm, Sweden

M

Marc

Newcastle upon Tyne, United Kingdom

RM

Robert Mulley

United States

Sinan Taifour

Munich, Germany, Germany

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

S

Sarah

Arlington, United States

A

Anonymous

United States

Carrie

Arlington, MA, United States

Nick Studenski

Minneapolis, United States

M

Malte

Switzerland

Black and White Zebra

Vancouver, Canada

JI

James Innes

United Kingdom

CG

Chris Greene

Birmingham, AL, United States

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