Entrepreneur
Name
Richard
Member since
February 2015
On-time repayments
291 installments • 58%
About Me
I am Richard Asamoah, 25 years old. I started my primary education at Super Confidence International School. I furthered my junior education at T. I. Ahmadiyya Junior High School - Asokwa. After I obtained my Junior High certificate, things became unbearable for me. So I had to leave my parents and I lived with a relative. I like the Ashanti culture because I could see them eating "fufu" early morning or late at night. Moreover, their language is very powerful in the sense that is dominating all over Ghana. What I enjoy most is table tennis, the reason being that it involves all the body parts and is also good exercise.
My Business
My business is entitled Good Father Bakeries. It is located at Asokore Mampong. Initially, I was the only baker who established myself there, so the demand and supply were very high and I was making quite some profit. I chose this business because my locality didn't have any bakery centre, so after awhile I decided to venture into that. The interest, or better still the profit gained, is reinvested into the business to extend my productions. I want to produce on a larger scale to provide for the length and breadth of Kumasi.
Loan Proposal
I would buy flour and margerine at the cost of 50 and 30 dollars respectively. This loan will add value to my production and am going to move from my current level to a respectable height. And will aslo improves about the taste and quantity. This will allow patronage from all walks of life. And i believe that this will help me to produce on large scale. Possibly this will earn me more profit because when u increase the scale of production definitely the profit base increases
About Me
I am Richard Asamoah, 25 years old and I started my primary education at Super confidence international school were i furthered my junior education at T. I Ahmadiyya Junior High school -Asokwa. After i obtained my Junior High certificate, things became unbearable for me. So had to leave my parents and lived with a relative. I like the Ashanti culture because i could see them eating "fufu" early morning or late at night. And moreover their language is very powerful in the sense that is dominating all over Ghana. What i like enjoying most was table tennis, the reason been that it involves all the body parts and also a good exercise that is.
My Business
My business is entitled Good Father Bakeries located at Asokore Mampong. Initially i were the only baker who eatablised myself there, so the demand and supply were very high and was making quite some profit. I chose this business because, my locality wasnt having any bakery centre so after a while i decided to venture into that. The interest or better still the profit gained is reinvested into the business to extend my productions. I want to produce on a larger scale to providin for the length and breadth of Kumasi.
Loan Proposal
I would buy flour and margerine at the cost of 50 and 30 dollars respectively. This loan will add value to my production and am going to move from my current level to a respectable height. And will aslo improves about the taste and quantity. This will allow patronage from all walks of life. And i believe that this will help me to produce on large scale. Possibly this will earn me more profit because when u increase the scale of production definitely the profit base increases
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 9, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
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guenter Aug 20, 2018
Mary Feb 13, 2018
Richard Mar 28, 2018
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