Richard
Elmina In Cape-coast, Ghana
100% repaid
Name
Richard
Member since
February 2015
On-time repayments
291 installments • 58%
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 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.
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 %
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 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.
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 %
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$224.00
Date disbursed
Jul 6, 2015
Repayment status
On Time
Projected term
7 months
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Amount repaid
$252.75
Amount remaining
$0.00
Date repaid
Feb 10, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 19, 2015 | $8.25 | Jul 19, 2015 | $8.25 |
Jul 26, 2015 | $8.25 | Jul 26, 2015 | $8.25 |
Aug 2, 2015 | $8.25 | Jul 26, 2015 | $0.50 |
Aug 2, 2015 | $7.75 | ||
Aug 9, 2015 | $8.25 | Aug 2, 2015 | $1.00 |
Aug 9, 2015 | $7.25 | ||
Aug 16, 2015 | $8.25 | Aug 9, 2015 | $1.00 |
Aug 17, 2015 | $7.25 | ||
Aug 23, 2015 | $8.25 | Aug 17, 2015 | $1.25 |
Aug 24, 2015 | $7.00 | ||
Aug 30, 2015 | $8.25 | Aug 24, 2015 | $0.50 |
Aug 30, 2015 | $7.75 | ||
Sep 6, 2015 | $8.25 | Sep 6, 2015 | $8.25 |
Sep 13, 2015 | $8.25 | Sep 13, 2015 | $8.25 |
Sep 20, 2015 | $8.25 | Sep 20, 2015 | $8.25 |
Sep 27, 2015 | $8.25 | Sep 27, 2015 | $8.25 |
Oct 4, 2015 | $8.25 | Oct 4, 2015 | $8.25 |
Oct 11, 2015 | $8.25 | Oct 11, 2015 | $8.25 |
Oct 18, 2015 | $8.25 | Oct 23, 2015 | $8.25 |
Oct 25, 2015 | $8.25 | Oct 26, 2015 | $8.25 |
Nov 1, 2015 | $8.25 | Nov 9, 2015 | $8.25 |
Nov 8, 2015 | $8.25 | Nov 18, 2015 | $8.25 |
Nov 15, 2015 | $8.25 | Nov 21, 2015 | $8.25 |
Nov 22, 2015 | $8.25 | Dec 1, 2015 | $8.25 |
Nov 29, 2015 | $8.25 | Dec 6, 2015 | $8.25 |
Dec 6, 2015 | $8.25 | Dec 13, 2015 | $8.25 |
Dec 13, 2015 | $8.25 | Dec 13, 2015 | $1.00 |
Dec 21, 2015 | $7.25 | ||
Dec 20, 2015 | $8.25 | Dec 21, 2015 | $1.75 |
Dec 28, 2015 | $6.50 | ||
Dec 27, 2015 | $8.25 | Dec 28, 2015 | $4.25 |
Jan 5, 2016 | $4.00 | ||
Jan 3, 2016 | $8.25 | Jan 5, 2016 | $6.00 |
Jan 11, 2016 | $2.25 | ||
Jan 10, 2016 | $8.25 | Jan 11, 2016 | $7.75 |
Jan 18, 2016 | $0.50 | ||
Jan 17, 2016 | $8.25 | Jan 18, 2016 | $8.25 |
Jan 24, 2016 | $8.25 | Jan 18, 2016 | $1.25 |
Jan 26, 2016 | $7.00 | ||
Jan 31, 2016 | $8.25 | Jan 26, 2016 | $3.00 |
Feb 4, 2016 | $5.25 | ||
Feb 7, 2016 | $13.50 | Feb 4, 2016 | $4.75 |
Feb 10, 2016 | $8.75 |
guenter Aug 20, 2018
Mary Feb 13, 2018
Richard Mar 28, 2018
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