Baking bread and pastries
Richard
Elmina In Cape-coast, Ghana
42% repaid
Entrepreneur
Name
Richard
Member since
February 2015
On-time repayments
291 installments • 58%
About Me
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
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.
Loan Proposal
Will buy baking equipment, nut mug, margarine and flour in bulk at an amount of 1000 dollars. When such are brought will help expand my business and this very Will trigger my profit and will at the same time help me to employ a lot of hands on board. Thank you
About Me
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
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.
Loan Proposal
Will buy baking equipment, nut mug, margarine and flour in bulk at an amount of 1000 dollars. When such are brought will help expand my business and this very Will trigger my profit and will at the same time help me to employ a lot of hands on board. Thank you
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$947.99
Date disbursed
Aug 14, 2018
Repayment status
Late
Projected term
32 months
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Summary
Amount repaid
$394.19
Amount remaining
$554.60
Expected completion
Apr 16, 2021
Status
Repaying late
Installment amount
$42.66
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 24, 2018 | $42.66 | Aug 24, 2018 | $42.66 |
| Aug 31, 2018 | $10.67 | Aug 31, 2018 | $10.67 |
| Sep 7, 2018 | $10.67 | Sep 8, 2018 | $10.67 |
| Sep 14, 2018 | $10.67 | Sep 14, 2018 | $10.67 |
| Sep 21, 2018 | $10.67 | Sep 21, 2018 | $10.67 |
| Sep 28, 2018 | $10.67 | Sep 28, 2018 | $10.67 |
| Oct 5, 2018 | $42.66 | Oct 5, 2018 | $10.67 |
| Oct 12, 2018 | $21.33 | ||
| Oct 19, 2018 | $10.67 | ||
| Oct 12, 2018 | $32.00 | Oct 30, 2018 | $32.00 |
| Oct 19, 2018 | $0.00 | ||
| Oct 26, 2018 | $0.00 | ||
| Nov 2, 2018 | $0.00 | ||
| Nov 9, 2018 | $10.67 | Nov 3, 2018 | $10.67 |
| Nov 16, 2018 | $10.67 | Nov 3, 2018 | $10.67 |
| Nov 23, 2018 | $10.67 | Nov 9, 2018 | $10.67 |
| Nov 30, 2018 | $10.67 | Nov 9, 2018 | $10.67 |
| Dec 7, 2018 | $10.67 | Jan 28, 2019 | $10.67 |
| Dec 14, 2018 | $42.66 | Apr 15, 2019 | $10.67 |
| May 3, 2019 | $10.67 | ||
| May 22, 2019 | $10.67 | ||
| Jul 25, 2019 | $10.67 | ||
| Dec 21, 2018 | $42.66 | Jul 29, 2019 | $10.67 |
| Aug 29, 2019 | $6.40 | ||
| Oct 26, 2019 | $10.67 | ||
| Nov 25, 2019 | $14.50 | ||
| Feb 25, 2020 | $0.43 | ||
| Dec 28, 2018 | $20.90 | Feb 25, 2020 | $20.90 |
| Jan 4, 2019 | $0.00 | ||
| Jan 11, 2019 | $0.00 | ||
| Jan 18, 2019 | $0.00 | ||
| Jan 25, 2019 | $0.00 | ||
| Feb 1, 2019 | $0.00 | ||
| Feb 8, 2019 | $0.00 | ||
| Feb 15, 2019 | $0.00 | ||
| Feb 22, 2019 | $0.00 | ||
| Mar 1, 2019 | $0.00 | ||
| Mar 8, 2019 | $0.00 | ||
| Mar 15, 2019 | $0.00 | ||
| Mar 22, 2019 | $0.00 | ||
| Mar 29, 2019 | $0.00 | ||
| Apr 5, 2019 | $0.00 | ||
| Apr 12, 2019 | $0.00 | ||
| Apr 19, 2019 | $0.00 | ||
| Apr 26, 2019 | $0.00 | ||
| May 3, 2019 | $0.00 | ||
| May 10, 2019 | $0.00 | ||
| May 17, 2019 | $0.00 | ||
| May 24, 2019 | $0.00 | ||
| May 31, 2019 | $0.00 | ||
| Jun 7, 2019 | $0.00 | ||
| Jun 14, 2019 | $0.00 | ||
| Jun 21, 2019 | $0.00 | ||
| Jun 28, 2019 | $0.00 | ||
| Jul 5, 2019 | $0.00 | ||
| Jul 12, 2019 | $0.00 | ||
| Jul 19, 2019 | $0.00 | ||
| Jul 26, 2019 | $0.00 | ||
| Aug 2, 2019 | $0.00 | ||
| Aug 9, 2019 | $0.00 | ||
| Aug 16, 2019 | $0.00 | ||
| Aug 23, 2019 | $0.00 | ||
| Aug 30, 2019 | $0.00 | ||
| Sep 6, 2019 | $0.00 | ||
| Sep 13, 2019 | $0.00 | ||
| Sep 20, 2019 | $0.00 | ||
| Sep 27, 2019 | $0.00 | ||
| Oct 4, 2019 | $0.00 | ||
| Oct 11, 2019 | $0.00 | ||
| Oct 18, 2019 | $0.00 | ||
| Oct 25, 2019 | $0.00 | ||
| Nov 1, 2019 | $0.00 | ||
| Nov 8, 2019 | $0.00 | ||
| Nov 15, 2019 | $0.00 | ||
| Nov 22, 2019 | $0.00 | ||
| Nov 29, 2019 | $0.00 | ||
| Dec 6, 2019 | $0.00 | ||
| Dec 13, 2019 | $0.00 | ||
| Dec 20, 2019 | $0.00 | ||
| Dec 27, 2019 | $0.00 | ||
| Jan 3, 2020 | $0.00 | ||
| Jan 10, 2020 | $0.00 | ||
| Jan 17, 2020 | $0.00 | ||
| Jan 24, 2020 | $0.00 | ||
| Jan 31, 2020 | $0.00 | ||
| Feb 7, 2020 | $0.00 | ||
| Feb 14, 2020 | $0.00 | ||
| Feb 21, 2020 | $0.00 | ||
| Feb 28, 2020 | $0.00 | ||
| Mar 6, 2020 | $0.00 | ||
| Mar 13, 2020 | $0.00 | ||
| Mar 20, 2020 | $0.00 | ||
| Mar 27, 2020 | $0.00 | ||
| Apr 3, 2020 | $2.13 | Apr 6, 2020 | $2.13 |
| Apr 10, 2020 | $2.13 | Apr 6, 2020 | $2.13 |
| Apr 17, 2020 | $2.13 | Apr 23, 2020 | $2.13 |
| Apr 24, 2020 | $2.13 | Apr 23, 2020 | $2.13 |
| May 1, 2020 | $0.00 | ||
| May 8, 2020 | $0.00 | ||
| May 15, 2020 | $2.13 | May 16, 2020 | $2.13 |
| May 22, 2020 | $2.13 | May 16, 2020 | $2.13 |
| May 29, 2020 | $2.13 | Aug 5, 2020 | $2.13 |
| Jun 5, 2020 | $2.13 | Aug 5, 2020 | $2.13 |
| Jun 12, 2020 | $2.13 | Aug 5, 2020 | $2.13 |
| Jun 19, 2020 | $0.00 | ||
| Jun 26, 2020 | $0.00 | ||
| Jul 3, 2020 | $0.00 | ||
| Jul 10, 2020 | $0.00 | ||
| Jul 17, 2020 | $0.00 | ||
| Jul 24, 2020 | $0.00 | ||
| Jul 31, 2020 | $0.00 | ||
| Aug 7, 2020 | $0.00 | ||
| Aug 14, 2020 | $0.00 | ||
| Aug 21, 2020 | $0.00 | ||
| Aug 28, 2020 | $0.00 | ||
| Sep 4, 2020 | $0.00 | ||
| Sep 11, 2020 | $0.00 | ||
| Sep 18, 2020 | $0.00 | ||
| Sep 25, 2020 | $0.00 | ||
| Oct 2, 2020 | $0.00 | ||
| Oct 9, 2020 | $1.07 | Oct 3, 2020 | $1.07 |
| Oct 16, 2020 | $1.07 | Oct 3, 2020 | $1.07 |
| Oct 23, 2020 | $1.07 | Oct 3, 2020 | $1.07 |
| Oct 30, 2020 | $1.07 | Oct 3, 2020 | $1.07 |
| Nov 6, 2020 | $1.07 | Nov 10, 2020 | $1.07 |
| Nov 13, 2020 | $1.07 | Nov 17, 2020 | $1.07 |
| Nov 20, 2020 | $0.00 | ||
| Nov 27, 2020 | $1.07 | Apr 29, 2021 | $1.07 |
| Dec 4, 2020 | $1.07 | Apr 29, 2021 | $1.07 |
| Dec 11, 2020 | $1.07 | Apr 29, 2021 | $1.07 |
| Dec 18, 2020 | $1.07 | Apr 29, 2021 | $1.07 |
| Dec 25, 2020 | $1.07 | Apr 29, 2021 | $1.07 |
| Jan 1, 2021 | $42.66 | Apr 29, 2021 | $11.73 |
| Jul 20, 2021 | $14.93 | ||
| Oct 10, 2021 | $6.40 | ||
| Jan 8, 2021 | $42.66 | ||
| Jan 15, 2021 | $42.66 | ||
| Jan 22, 2021 | $42.66 | ||
| Jan 29, 2021 | $42.66 | ||
| Feb 5, 2021 | $42.66 | ||
| Feb 12, 2021 | $42.66 | ||
| Feb 19, 2021 | $42.66 | ||
| Feb 26, 2021 | $42.66 | ||
| Mar 5, 2021 | $42.66 | ||
| Mar 12, 2021 | $42.66 | ||
| Mar 19, 2021 | $42.66 | ||
| Mar 26, 2021 | $42.66 | ||
| Apr 2, 2021 | $12.37 | ||
| Apr 9, 2021 | $12.37 | ||
| Apr 16, 2021 | $8.32 | ||
guenter Aug 20, 2018
Mary Feb 13, 2018
Richard Mar 28, 2018
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