Boroh bakery

Francis

Accra, Ghana

100% repaid

Entrepreneur

Name

Francis

Member since

December 2016

On-time repayments

133 installments  •  81%

About Me

I am a 33year gentleman born to Mr. and Mrs. Boron at Jirapa in the U/W Reg. of Ghana.
I had both primary and J. H. S education in Jirapa then proceeding to St Ignacious of Layola SHS at Lassie near Wa, the U/W Region, where I obtained SHS education.
I had to also teach some preparatory schools with a friend, Osman at Techiman to squire financial ability for further studies.
I have now gained employment by the government of Ghana as an environmental health officer, after my training at college of health and environmental science at Tamale in the northern region. By God's grace now I receive monthly salary from the government of Ghana in addition to business.

My Business

While awaiting postings, I took the opportunity to train myself in bread baking.
With the help of Zidisha loan, I will bake and sell tea bread in large quantities, thus supplying them to tea and porridge sellers. As my business expands, I have employed four young people who are willing dedicated to work for daily living.
My projections are to make and sell at least 2000 loaves of sweet bread per week with average price of 5GHS.
By these projections I am setting to make a profit of between 20-25% of the principal invested every week.
I took interest in baking because there was no baker within the community where I live.

Loan Proposal

This loan will be added to my operating capital to increase my production and sales. If things go on as planned, I will squire a tricycle for my workers to facilitate the distribution of my products (bread). If I get a tricycle, I am sure I will increase my sales volume by (80-100)%. This is because I will be able to supply all my customers both far and near in a good time to satisfy them.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$316.00

Date disbursed

Sep 25, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Jamal Hamou

Cascadia, Canada

PG

Paul Graham

United States

Craig Newmark

United States

Dennis L

Berlin, Germany

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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