Buying flour to bake bread

Michael

Tafo, Ghana

Funds disbursed

$0 to go

100% funded of $213 goal

0

days left

Entrepreneur

Name

Michael

Member since

April 2021

On-time repayments

7 installments  •  43%

About Me

Michael Frimpkng is cool guy from the central part of Ghana. I am married with a child. I grew up with both parents but after Shs I decided to travel to search for job. I moved to Kumasi and started as a pupils teacher at New Paradise International school in Kumasi. It was there that i was able to gather some money to help set up a bread factory which own it. My daughter want to be a nurse and back in school I used to play football too.

My Business

I bake bread and sell at wholesale to retailers who comes to my ro my job area. This business has help me alot as it has given me the platform to cater for my family. The selling of bread fetches me money on daily basis so with the support of Zidisha I would be able to expand this business to support more youth.

Loan Proposal

My customers demands for bread is very high and I always fall short of stock. Buying more flour to bake more bread would enable me serve more customers at their own satisfaction and this would help boost my profit. I would save some of my profit and reinvest the rest back into my business.

Income Source

The sales of bread is done on daily basis so I am able to raise money on daily basis. I would pay from this profit I get on daily basis.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$213.00

Date disbursed

May 17, 2021

Repayment status

Late

Projected term

4 weeks

Lenders

Dao Nguyen

austin, United States

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