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 ,if given will enable me expand my baking capacity and distribute the bread to venders at a reduced price to sell.
I have three employees who do the daily baking. But if given the loan I will pengage two more employees for distribution purposes.
I also have intention to open new branches at different locations for the first employees once they gained experience and can operate on their own.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$138.00
Date disbursed
Mar 30, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
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