Bulk purchase of baking materials and equipment

Ofori Yeboah

Kutre, Ghana

100% repaid

Entrepreneur

Name

Ofori Yeboah

Member since

May 2015

On-time repayments

215 installments  •  48%

About Me

My name is Ofori Yeboah Enoch, I come from the Brong Ahafo part of Ghana , am a fourth born child in a family of six children ,Our father died when I was still in high school and that made the turning point of our life, My Mum who was a nurse then had to struggle to pay school fees for all of us and also provide basic needs for the six of us.
We all worked hard in school and during holidays and weekends we would help mum by hawking groundnuts sweets and soda to supplement her little earnings, we were supportive of each other and would allow Mum to buy us uniform in terns since she could not handle all the pairs at a go , but all in all we made it thru the Grace of God. Am now a teacher.

My Business

Genuine bakery deals baking and selling of bread. My aim now is to buy a flour and magarine and other things that we assist me in the bakery services. Since I am a teacher I want to employ more people to assist them to have a knowledge in small scale business.
The profit made is used paying the workers that I employ into the work and I use some to help my junior siblings who are also in school going ageI will pay my loan through my sales as stipulated in our agreement, thank you for considering me, it’s a great honour

Loan Proposal

when the loan is offered me, i will purchase butter bread and sugar bread containers which will cost 100 dollars, ten bags of flour which will also cost 375 dollars, six boxes of cook brand margarine which cost 150 dollars and 8 dollars will be used to purchase nut milk and flavor for the bakery services.
when this loan is offered me it raise the income per day to 10% and i will get money to pay my laborers and use some to pay school fees for the two children's school fees.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$645.00

Date disbursed

Feb 7, 2016

Repayment status

On Time

Projected term

8 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

R

rmacaw

Australia

Paul Buchheit

Mountain View, United States

Rosario von Li

San Jose, Ca, United States

MC

United States

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