Expand my sweet plantain & coconut chips business

Dorcas Afrane

Sunyani, Ghana

55% repaid

Entrepreneur

Name

Dorcas Afrane

Location

Sunyani, Ghana

On-time repayments

178 weekly installments  •  74%

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!

Show original English  

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

$1,158.12

Date disbursed

Aug 15, 2019

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: $47.06

Credit risk payment: $330.04

Lenders

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snowcrystal86

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S

SueB1

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artnking

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AF

a f

washington, United States

johnandmoliehi

Canton, New York, United States

A

ashtanga99

Newport, United States

P

pmyadlowsky

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A

AlexCheng

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Tavin

Ottawa, Canada

T

tonilends

catalonia is not:, Spain

Sundstroms

Falun, Sweden

B

bopsquod

Seattle, Wa, United States

birtom

Ettlingen, Germany

S

SvenWaage

Stavanger, Norway

K

Katehar

Maple Valley, WA, United States

Cadwah

Barcelona, Spain

R

Rachel

Vernon, Canada

mrgonzalo

San Francisco, CA, United States

RckyMntFamily

Colorado, United States

K

kingcamo1095

Mountain Home, United States

Lambie

Perth, Australia

stever

Cape Coral, United States

ibc123

Seattle, United States

Genady

Münich, Germany

M

Mullagh

United Kingdom

J

Jonas

Linköping, Sweden

A

Anonymous

United States

K

Karpet

Faroe Islands

Pascal Coyles

Ghent, Belgium

S

SuzanneD

United States

HL

Holly Laird

Austin, United States

JL

Joao Leal

United Kingdom

M

Marco

Bologna, Italy

W

Wade

United States

DF

Daniel Fehr-Krahn

Winnipeg, Canada

Lou Kaucic

Sanbornton, NH, United States

JK

Hamburg, Germany

Julia

United States

MG

Meron Gribetz

United States

JD

Jeff DePree

United States

IH

Ian Hearn

United States

TH

tom hd

United Kingdom

J

John

United Kingdom

Carla

Amsterdam, Netherlands

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

R

Rahel

Austria

M

Margaret

United States

N

Nick

Greater London, United Kingdom

P

patricio

Yorba Linda, Ca, United States

N

Nick

United States

YK

Yonghwan Kim

Republic of Korea

Hana

United Arab Emirates

WM

William Madden

Berlin, Germany

TF

Tom Fawcett

United States

Amanda Orson

Stamford, Ct, United States

A

Adam

United Kingdom

Cliff

United States

EB

Ellen Batten

Kalamazoo, Michigan, United States

WS

william smith

United States

Chuck

Manchester, United Kingdom

Stanislas L

London, United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

V

Vidar

Oslo, Norway

D

derek

United States

JC

juli camrud

United States

SM

Sachet Marion

United States

K

Kyle

Durban, United Kingdom

Paul Buchheit

Mountain View, United States

Carrie

Arlington, MA, United States

H

Haley

United States

PB

Powered by me

European Union, Netherlands

E

EJOBIV

United States

BH

Brad Hartman

San Antonio, Texas, United States

GA

Gal Ashuach

רעננה, Israel

E

Eve

United Kingdom

KC

Karen Case

United States

Jeanette

Fort Worth, Texas, United States

RS

Ralph Smyth

United Kingdom

United Kingdom

M

mhuuden

Netherlands

GH

Gary Horneman

United States

K

Kristyn

United States

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