Baking flour for my bread bakery

Hannah

Tema, Ghana

84% repaid

Entrepreneur

Name

Hannah

Member since

June 2015

On-time repayments

105 installments  •  80%

About Me

I am a young girl who grew up in a border town where you have to sell anything to survive. I attended training college after senior high school and am now a professional teacher. I had to start a bread bakery to keep the family going since we all can't depend on my salary. I started my bread business by paying for an oven in bits. After paying for the oven, I started baking bread for my siblings to go and sell after school and during vacations. I bake sugar, butter, brown and tea breads. To talk about how I learnt how to bake the bread, a friend who also teaches and bakes taught me how to bake for free. Now I want to expand my business since the demand for my bread is going high.

My Business

I bake bread and distribute to others to sell. Bread is something which is found in every home. And almost every family buys bread every day. I chose the baking business because a friend introduced me to it. I take care of my family and and reinvest the rest to grow my business. Baking is very good work because you will have enough food in the house and make some profit too.

Loan Proposal

I will buy baking flour with the loan. I will buy 3 bags of baking flour with the loan. One bag costs like $30. This will allow me to avoid buying on a credit basis which is more expensive. My profit may increase about 5%. The flour is very expensive when you buy it on a credit basis. So buying it with physical cash makes me save some money for other things like sugar, margarine, nutmeg and flavor.

Show original English  

About Me

I am a young girl who grew up in a boarder town where u have to sell anything to survive. I attended training college after senior high school and am now a professional teacher. i had start a bread bakery to keep the family going. since we all cant depend on my salary. I started my bread business by paying for oven in bits, after paying for the oven i started baking bread for my siblings to go and sell after school and during vacations. I bake sugar, butter, brown and tea bread. To talk about how i learnt how to bake the bread, a friend who also teaches and bakes taught me how to bake for free. Now i want to expand my business since the demand for my bread is going high.

My Business

I bake bread and distribute to others to sell. Bread is something which is found in every home. And almost every family buy bread everyday. i choose the baking business because a friend introduced.I take care of my family and and reinvest the rest to grow my business. Baking is a very good work because you will hav enough food in the haus and mak some profit too.

Loan Proposal

I will buy baking flour with the loan. I will buy 3 bags of baking flour with the loan. One bag cost like $30. This will prevent me from buying on credit basis which is more expensive. My profit may increase about 5%.The flour is very expensive when you buy it on credit bases. So buying it with physical cash makes me save some money for other things like sugar, magerine, nutmeg and flavor.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$114.00

Date disbursed

Apr 11, 2017

Repayment status

Late

Projected term

6 months

Lenders

A

ADISI

Bern, Switzerland

WE

Wendy Emlyn

Devon, United Kingdom

AK

Anita K

Maryland, United States

John Minges

United States

Eszti

Budapest, Hungary

R

Rahima

United States

Anonymous

Ocoee, United States

Dan Brinkman

Lynden, WA, United States

P

Peter

United States

Nethanel Kohen

NYC, United States

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