Loan to make wooden tray

Emeline

Akotokyir, Ghana

100% repaid

Entrepreneur

Name

Emeline

Member since

September 2016

On-time repayments

26 installments  •  23%

About Me

l grew up at Amanful,fishing community in Cape Coast,l had my basic education at Amanful MA basic school, as a female child l was assisting my mum in the kitchen most a times and also took delight in the company of my female peers.l solely overcame numerous challenges both in school and home.l began my business with the little money an aunt of mine gave me after the demise of my parents when things were difficult for my siblings and l.My land is peaceful land and accommodates people from different land with different culture,l want my children to be godfearing prominent people in the society when they grow up.My hobbies are oware,playing ludu,skipping rope and ampe to make me fit.

My Business

I am into baking of bread, pastries and preparation of fast food. the bread and pastries are in high demand because breakfast is taken every morning with bread or pastry,also snacks are usually taken with pastries. in addition, l during wedding,funeral or any celebration l am contracted to prepare food for the celebration because l am the only one who is into this business in the area. My typical cost for preparation of one bag of floor for bread or pastry is 350 cedis hand and the the typical revenue or profit is 100cedis.l use the profit to reinvest in the business and use part to pay my child's school fees .

Loan Proposal

I very much appreciate my lenders for assisting me to this level of my business, however, l humbly apply for another loan to make extra wooden trays to carry bread this is because the number of people l supply them with bread has increased there by making it difficult to get extra wooden trays to carry the bread,when this is done it will facilitate the process because l would not have to wait for the wooden tray l take to supply before l get another tray due to insufficient trays available. ln other words l will increase the materials required for effective and reliable bakery. furthermore, by making a new wooden tray will also offer the carpenter who will prepare it a job. I appeal to my lenders do me favor this time too to fund my loan within the shortest possible time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Jan 5, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Melissa K

Portland, Oregon, United States

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