Expand my sweet plantain & coconut chips business
Dorcas
Sunyani, Ghana
100% repaid
Entrepreneur
Name
Dorcas
Member since
March 2016
On-time repayments
182 installments • 75%
About Me
My name is Dorcas Afrane. I was born on July 31st, 1977 in Takoradi in the western region of Ghana. I was born into a family of 10 including my parents. I started school when I was 6 years old, but my education was not that smooth because my health was a challenge. As a result of the large family size, I opted for vocational school after completing my basic education.
In 1996, I had a chance to visit my uncle in Nigeria. That short visit turned into almost a decade and half. It was in Nigeria that I dreamt of starting a pastry business, and I started making plantain chips in Nigeria. I returned to Ghana after 14 years in Nigeria.
My Business
Upon my return from Nigeria, I researched to find a good business idea. One thing led to the other, and I determined that a business making plantain chips could flourish here.
So far business has been good. My only challenge is that I need money to expand the business to meet higher demand from my clients.
This a summary of my current weekly expenditures:
- Cooking oil: $28.00
- LPG (gas): $30.00
- Plantains: $90.00
- Polythene (packaging): $13.00
- Transportation: $13.00
-- Total: $180.00, of which I am able to earn $52.00 in a week as profit.
Loan Proposal
My business grows on the ability to attract and keep clients. Selling plantain chips is very lucrative in Sunyani. I wish to apply for a loan of $1600.00 to meet demand from my clients. The market is growing for plantain chips, and I believe I am in a good spot to maximise my market share. With this loan, I will be able to produce 4x my current capacity and earn $150.00 per week. I will use the money to buy more plantains, cooking oil, LPG (gas), and polythene packaging. My weekly expenses and income will double with this loan.
Here is a possible summary of my weekly expenses:
- Cooking oil: $40.00
- LPG (petroleum gas): $50.00
- Plantain: $190.00
- Polythene (packaging): $20.00
- Transportation: $15.00,
- Total: $315.00, of which I expect to earn $150 a week as profit
I believe the lenders of Zidisha will help me fulfill my dreams and help increase my family's living standard. Thank you!
About Me
My name is Dorcas Afrane. I was born on 31st July 1977 in Takoradi in the western region of Ghana. I was born into a family of 10 including my parents. I started schooling at 6 years. My schooling was not that smooth because my health was a challenge. And as a result of the large family size, I opted for vocational school after completing my basic education.
In 1996, I had a chance to visit my uncle in Nigeria. The short visit was extended to almost a decade and half. It was in Nigeria that, I dreamt of the business of pastries. I started making plantain chips in Nigeria for a while. I returned to Ghana after 14 years in Nigeria.
My Business
Upon my return from Nigeria, I did survey around for some business to do. One thing led to the other and I realize that my business of making plantain chips will flourish here. My main business is making plantain chips. So far it has been good. My only challenge is the money to expand the business to meet the needs of my clients. This a summary of my weekly expenditure on my business: cooking oil - $28.00, LPG - $30.00, Plantain - $90.00, Polythene – $13.00, Transportation – $13.00 Totalling to $180.00, I am able to get $52.00 in a week as profit.
Loan Proposal
My business grows on the ability to attract and keep clients. Selling plantain chips is very lucrative in Sunyani. I wish to apply for a loan of $1600.00 to meet demand from my clients. The market is growing for plantain chips, and I believe I am in a good spot to maximise my market share. With this loan, I will be able to produce 4x my current capacity and earn $150.00 per week. I will use the money to buy more plantains, cooking oil, LPG (gas), and polythene packaging. My weekly expenses and income will double with this loan.
Here is a possible summary of my weekly expenses:
- Cooking oil: $40.00
- LPG (petroleum gas): $50.00
- Plantain: $190.00
- Polythene (packaging): $20.00
- Transportation: $15.00,
- Total: $315.00, of which I expect to earn $150 a week as profit
I believe the lenders of Zidisha will help me fulfill my dreams and help increase my family's living standard. Thank you!
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,360.00
Date disbursed
Jul 9, 2018
Repayment status
On Time
Projected term
11 months
Lenders
United States
United States
United States
Kyle, United States
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Summary
Amount repaid
$1,360.99
Amount remaining
$0.00
Date repaid
Jun 26, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 22, 2018 | $26.90 | Jul 22, 2018 | $26.90 |
| Jul 29, 2018 | $26.90 | Jul 30, 2018 | $26.90 |
| Aug 5, 2018 | $26.90 | Aug 6, 2018 | $26.90 |
| Aug 12, 2018 | $26.90 | Aug 12, 2018 | $26.90 |
| Aug 19, 2018 | $26.90 | Aug 19, 2018 | $26.90 |
| Aug 26, 2018 | $26.90 | Aug 28, 2018 | $26.90 |
| Sep 2, 2018 | $26.90 | Sep 2, 2018 | $26.90 |
| Sep 9, 2018 | $26.90 | Sep 11, 2018 | $26.90 |
| Sep 16, 2018 | $26.90 | Sep 18, 2018 | $26.90 |
| Sep 23, 2018 | $26.90 | Sep 25, 2018 | $26.90 |
| Sep 30, 2018 | $26.90 | Sep 30, 2018 | $26.90 |
| Oct 7, 2018 | $26.90 | Oct 15, 2018 | $26.90 |
| Oct 14, 2018 | $26.90 | Oct 15, 2018 | $26.90 |
| Oct 21, 2018 | $26.90 | Oct 21, 2018 | $26.90 |
| Oct 28, 2018 | $26.90 | Nov 4, 2018 | $26.90 |
| Nov 4, 2018 | $26.90 | Nov 4, 2018 | $26.90 |
| Nov 11, 2018 | $26.90 | Nov 13, 2018 | $26.90 |
| Nov 18, 2018 | $26.90 | Jan 9, 2019 | $26.90 |
| Nov 25, 2018 | $26.90 | Jan 9, 2019 | $26.90 |
| Dec 2, 2018 | $26.90 | Jan 9, 2019 | $26.90 |
| Dec 9, 2018 | $26.90 | Jan 9, 2019 | $26.90 |
| Dec 16, 2018 | $26.90 | Jan 9, 2019 | $26.90 |
| Dec 23, 2018 | $26.90 | Feb 12, 2019 | $26.90 |
| Dec 30, 2018 | $26.90 | Feb 12, 2019 | $26.90 |
| Jan 6, 2019 | $26.90 | Feb 12, 2019 | $26.90 |
| Jan 13, 2019 | $26.90 | Feb 12, 2019 | $26.90 |
| Jan 20, 2019 | $26.90 | Feb 12, 2019 | $26.90 |
| Jan 27, 2019 | $26.90 | Feb 12, 2019 | $26.90 |
| Feb 3, 2019 | $26.90 | Mar 11, 2019 | $26.90 |
| Feb 10, 2019 | $26.90 | Mar 11, 2019 | $26.90 |
| Feb 17, 2019 | $26.90 | Mar 11, 2019 | $26.90 |
| Feb 24, 2019 | $26.90 | Mar 11, 2019 | $26.90 |
| Mar 3, 2019 | $26.90 | Mar 11, 2019 | $26.90 |
| Mar 10, 2019 | $26.90 | Apr 9, 2019 | $26.90 |
| Mar 17, 2019 | $26.90 | Apr 9, 2019 | $26.90 |
| Mar 24, 2019 | $26.90 | Apr 9, 2019 | $26.90 |
| Mar 31, 2019 | $26.90 | Apr 9, 2019 | $26.90 |
| Apr 7, 2019 | $26.90 | Apr 9, 2019 | $26.90 |
| Apr 14, 2019 | $26.90 | May 30, 2019 | $26.90 |
| Apr 21, 2019 | $26.90 | May 30, 2019 | $26.90 |
| Apr 28, 2019 | $26.90 | May 30, 2019 | $26.90 |
| May 5, 2019 | $26.90 | May 30, 2019 | $26.90 |
| May 12, 2019 | $26.90 | May 30, 2019 | $26.90 |
| May 19, 2019 | $26.90 | May 30, 2019 | $26.90 |
| May 26, 2019 | $26.90 | May 30, 2019 | $26.90 |
| Jun 2, 2019 | $26.90 | Jun 26, 2019 | $26.90 |
| Jun 9, 2019 | $26.90 | Jun 26, 2019 | $26.90 |
| Jun 16, 2019 | $26.90 | Jun 26, 2019 | $26.90 |
| Jun 23, 2019 | $26.90 | Jun 26, 2019 | $26.90 |
| Jun 30, 2019 | $26.90 | Jun 26, 2019 | $26.90 |
| Jul 7, 2019 | $16.14 | Jun 26, 2019 | $16.14 |
Vicki Stewart Apr 16, 2018
Dorcas Jun 6, 2018
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