Bulk purchase of flour and baking materials

Adwoa Dorcas

Berekum, Ghana

100% repaid

Entrepreneur

Name

Adwoa Dorcas

Member since

August 2015

On-time repayments

255 installments  •  25%

About Me

i am the person of adwoa dorcas who haled from seikwa township and iam the second born to my parents. i started my education in the seikwa township and completed the basic education there. i am single and fair in complexion. i am twenty-five years of age. after completion of basic education i visited my uncle in berekum and i stayed with him for about three years and later he he sent me to learn bread baking and i understood because that was the aim of me going to that town. i learnt job for about three and half years and i became more qualified to start my own but to get money was a problem so my master offered me chance to work with her for a pay. thank God that i have started with my own.

My Business

adwoa dorcas bakery is situated in berekum brennyekwa on the road to seikwa. we deal in baking of bread for retailers and stores and when schools are in possession we supply some to schools too. when schools are opened i earned about 30 ghana cedis a day but when have vacated i earn less than that. this business is most beneficial to me because everyday i get something out from it also people will be having their breakfast each day and they will fall on me for their brakfast. the profits that i receive from it, i use some to pay my light bill and sends some home for my mum and dad who are now on their retiring ages.

Loan Proposal

WHEN THE REQUESTED LOAN IS OFFERED ME I WILL BUY SIX BAGS OF FLOUR WHICH WILL COST 200 DOLLARS AND FOUR BUCKET OF HAANO MARGARINE COSTING 75 DOLLARS AND SUGAR OF HALF BAG WHICH ALSO COST 15 DOLLARS AND THE REMAINS WILL BE USED TO PURCHASE NUT MILK AND FLAVOUR WHICH WILL BOOST THE TASTE AND QUALITY OF THE BREAD AND WILL MAKE THE PATRONAGE VERY HIGH.
SINCE THE BUSINESS IS CREATING AN EMPLOYMENT TO PEOPLE IT BENEFIT THEM TO HAVE SOME INCOME.
DAILY I AM EXPECTING AN INCREASE OF 10% IN INCOME GENERATION.

Feedback

11

None

1

  • David    May 16, 2018

    There were no payments from August 2017 to May 2018, when I finally gave up and transferred the loan to the Zidisha Members Loan Fund. I still hope Adwoa can recover from whatever happened to her business.

    Log in to reply • Share
  • BernadetteV    Aug 21, 2017

    Regular repayments and loan loan repaid in half the time. Glad that your hard work in the business is giving you success. Well done!

    Log in to reply • Share
  • (Comment deleted by author)



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Loan Info

Project Type

Classic Loan

Disbursed amount

$294.75

Date disbursed

Jan 31, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $7.47

Lenders

MM

Mollie Milesi

Jeruslem, Israel

L

leniwiec

Poznan, Poland

bconrad

Seattle, United States

H

howard

Vence, France

lizandsteve

guelph, Canada

A

ADISI

Bern, Switzerland

fransk

Culemborg, Netherlands

T

TrademarkMan

United States

S

shappysfunland

United States

Voscke

Utrecht, Netherlands

Roy

Espoo, Finland

MW

Matt Willis

United States

Paul

Crandon, United States

S

Susie

Christchurch, New Zealand

Hans Rytterbrant

Stockholm, Sweden

WE

Wendy Emlyn

Devon, United Kingdom

Sonya Forrester

United States

Jon

Ireland

Elise E

United States

Thomas

Sweden, Sweden

Anonymous

Ocoee, United States

Mary

Germany

M

Maya

United States

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