4 weekly installments • 100%
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.
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.
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.
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.
Apr 14, 2021
Cost of loan
Service fee: 5% of $258.59 = $12.88
Credit risk payment: $38.63