Flour to increase my supply

Entrepreneur

About Me

I am popularly known by the name seth lumor, l am a native of Hohoe in the Volta region Ghana. I was born in the year 1990. I have attended A.M.E Zion primary and junior high school and completed in the year 2005 . After my junior high school, Although l was qualified to the next level but due to my poor family background l had to engage myself into minor work by helping somebody in his bread baking business to be able to raise some money for school fees and other items for my school. Thereafter I went to E.P senior high school where l had my certificate. Even in school l continued to work in the bakery and that was how my idea to start my own bread business came about. Hohoe is surrounded by mountainous villages full of tourist attractions. when l was in secondary school l like playing volleyball.

My Business

l bake bread and sell . Because bread is one of the cheapest commodity and also affordable, the demand is very high because Hohoe has a lot of schools and the most attracted tourist centers. because of this there are always a lot of visitors in the town . So, l choose this business because it is one of the fast moving business and l can distribute at any time that my customers need it. Flour, sugar, margarine and other ingredients are the most typical cost in bread baking, because, l don't have a support or much capital, l started with GHS 50.00 and now l can say proudly that through this baking business l am getting my daily bread, paying my rent without stress and l am building my capital too.

Loan Proposal

I intend to use this current loan to buy 5 bags of flour to increase my production.
Yeast and baking powder.
Flour -5bags.= 80 dollars
Yeast 5 packets= 50dollars
Baking powder -3packets=30dollars
Which this items i would be to meet my demand and yield more profit
I will be able to make more profit like150-250dollars week.

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