Buying baking equipment to make cakes for parties

Rita Essel

Central Region, Cape Coast, Ghana, Ghana

6% repaid

Entrepreneur

Name

Rita Essel

Member since

February 2021

On-time repayments

17 installments  •  59%

About Me

My name is Rita Essel and I am twenty-five years of age. I was born and grew up in Central Region in a town called cape coast. I have three sisters and one brother so total we are five in a family. I have completed Senior High School and I went to Vocational Institute which I study Deco, Cake and Pastries which I completed last year September 2020. After completing Vocational Institute, I decide to buy my personal equipment and things to start a business with, because I have been marketing myself and doing ordering when I was in Vocational Institute.

My Business

I am a baker and a decorator, I bake cake and pastries for individuals and occasions (such as wedding, engagement, birthday parties, funeral etc.) and I also do decoration for occasions.

Loan Proposal

I want to establish my own business with my own equipment. I have been doing orders but luck of equipment I have to borrow from other people and sometimes I rent it so I will use the loan to buy myself equipment and things I will need for my work.

Income Source

I have been saving money from every order I get which I use some to buy my ingredient I need for baking and the rest for future use so paying back the loan won’t be much pressure on me.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$358.69

Date disbursed

May 10, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $12.79

Credit risk payment: $38.49

Lenders

ErikN

Stockholm, Sweden

MarktheMormon

Sandy, Utah, United States

Sundstroms

Falun, Sweden

B

bileiro

Mandaluyong, Philippines

G

GoughGirl

Washington, Dc, United States

T

tophini

Alma, United States

BuckeyeBob

Ohio, United States

M

Marko

Helsinki, Finland

ME

Manaal Eisa

Washington DC, United States

I

isaac

United Kingdom

Sinan Taifour

Munich, Germany, Germany

L

Lucy

Australia

Paul Buchheit

Mountain View, United States

B

Berni

Germany

Frank Bailey

United States

Marcelo De Polli

São Paulo, Brazil

Nick Studenski

Minneapolis, United States

Ryan Agnew

Australia

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

Girolamo Marroccoli

Basel, Switzerland

LT

Lisa Taylor

California, United States

EA

Eric Ayers

Atlanta, United States

Taylor Vaughn

Nashville, United States

M

Mika

Switzerland

M

M

Australia

Peter Collins

Darmstadt, Germany

C

Camm

Australia

alexalexalex

Berlin, Germany

Nathan

Columbus, United States

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

EW

Eric West

United States

M

MaggieK

United States

Tom Purser

Cambridge, United Kingdom

S

Sam

New Zealand

MD

Mark Dunphy

United States

Kevin Kong

San Francisco, CA, United States

J

John

Minneapolis, United States

AR

Arjun Ram

United States

JB

Juan Busco

United States

CM

Chris Mueller

United States

A

Anonymous

United States

R

Ru

New York, United States

MN

Mike Newhof

Grand Rapids, MI, United States

C

Christian

Switzerland

Black and White Zebra

Vancouver, Canada

A

Anonymous

United States

RL

Robert L

United Kingdom

Andrew

Seattle, United States

T

Timo

Germany

B

Bharat

Princeton, United States

AD

Aleksey Delunas

Engomi, Cyprus

FS

Felix Schreyer

Berlin, Germany

JM

Jack Marpic

United States

V

Václav

Czech Republic

J

Jeanna

Richmond, United States

T

Tim

Netherlands

A

Anonymous

United States

Laura

United States

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