Loan for establishment of my own local oven project

Augustina Tabuaa

Berekum, Ghana

0% repaid

Entrepreneur

Name

Augustina Tabuaa

Member since

July 2018

On-time repayments

44 installments  •  57%

About Me

Augustina is my name commonly known as obaa. I am currently working with my master whom I learned my trade with she is known a " Abiba. One of the best bread bakery in Berekum here. I schooled t Junior secondary school level by then now known a junior high school. I was born and raised at Kotaa. Kotaa is a village of Berekum it is about five miles away from the municipality Berekum. my parents moved in to their latest and newly built house at Berekum I moved in with the I am currently staying alone. I personally take care of all my needs from the little money I make from my wages I earn from my job. I used to go to Accra the capital city of Ghana to work for money to settle my debt.I was Currently my master has given me a room to use as accommodation to help me save towards building my own oven. Which has been my dream for a while.

My Business

Bread baking has been my profession after three years of learning this trade from one of the best bread bakery in this town Berekum. She gave all in her out to learn teach me this profit earning trade. I must confess she thought me very well. Even some people say I am a duplicate of her I mean my master. After learning this trade I went to Accra to work with there to generate enough money to establish my own traditional oven to start my own bakery. My dream did not eventually come to pass because they wages and salaries were not enough. This compelled me to come back and work. with my master who was always calling me on phone to come and work with her for wages larger than what I am earning in the city. She promised of food and accommodation in addition. I came home when we agreed on terms. I am eager to build an oven on my own to start my own business I want to use this organisation as my back bone of helping me get my own oven. This will help me multiply my income.

Loan Proposal

Having worked with with many professional bread bakers I have come to realise that it is very profitable if I build my own oven. I have started the project of building my own local oven with my previous loan. I want to continue with this project because if I establish my own oven and work for myself I can make much money to better my life and that of many others by teaching them the trade. Though I have all the skills in bread baking,because I do now own my own oven. I don't earn enough profit to care for my old my and dad carefully. I believe with my own local oven I can establish myself employ new workers and admit new people to teach the trade. I have worked on wage based salaries since I finished learning this profession. This is all due to lack of financial support. Not like government workers who can easily have access to loans from our local banks we traders suffer to raise loan. With this organisation I believe I will raise larger loan to help me establish my local oven to start my own bread baking company.

Feedback

1

None

2

  • Julie    Nov 7, 2019

    Paid a total of $2.10 back in ten installments. Then nothing and no contact in the last six months.

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  • Margaret    Oct 1, 2019

    This was a large loan and very little effort was made to pay it back. I do not like to leave negative feedback but without accountability there would be no Zidisha.

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  • Johannes    Mar 18, 2019

    great, repaid on time

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Loan Info

Project Type

Classic Loan

Disbursed amount

$510.16

Date disbursed

Mar 26, 2019

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: $15.57

Credit risk payment: $62.29

Lenders

MarktheMormon

Sandy, Utah, United States

Treesforpeople

Oxfordshire, United Kingdom

Franmiguel

Perth, Australia

V

Vivek

Arlington, VA, United States

J

JMK

United States

Ren

Minneapolis/StPaul, United States

M

Margaret

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Julie

United States

A

Axel

Berlin, Germany

B

Brandon

United States

Kevin Kong

San Francisco, CA, United States

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  • Christian Golo    Oct 25, 2019

    Still can't reach Augustina on phone because his phone is switched off, but I was able to speak with one of her family relations who promised to talk to her to repay her loan

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  • Margaret    Oct 1, 2019

    Hi Augustina,
    Please make an effort to pay back your loan. Lenders put their faith in you when they loaned you their hard earned money, the least you could do is to make an effort to pay them back. This is so Zidisha can continue to help others to grow their businesses and support their families. Margaret

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  • Christian Golo    Sep 20, 2019

    Augustina's phone is still switched off hence unable to reach out to her, however I was able to speak with her community leader and a family member who promised to reach out to her to find what is her problem

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  • Christian Golo    Sep 10, 2019

    Still can't get Augustina on phone because his phone is switched off, however I was able to speak with her community leader who promised to talk to her to make payment

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  • Margaret    Aug 10, 2019

    Hi Augustina,
    Please make a payment towards your loan. It is better to make a small payment other than none at all, you can change your payment schedule at any time by logging into your account. A good repayment rate will help you to get loans in the future. Regards, Margaret

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  • Christian Golo    Aug 6, 2019

    Still can't reach Augustina on phone because his phone is switched off, however I was able to speak with one of her family relations who promised to talk to her to make payment

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  • Christian Golo    Jul 3, 2019

    I was able to speak with one of her family relations since her phone is switched off. The family member promised to talk to her to make payment

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  • Maggie and M    Jun 23, 2019

    Hi Augustina, how are you doing?

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  • Henry Kumi    Apr 26, 2019

    My mentor Augustina Tabuaa
    Please can you review my zidisha profil and approve it? Thank you so much

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  • Augustina Tabuaa    Mar 31, 2019

    I cannot pay the full installment amount due. I would like to reduce my payment.

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  • Augustina Tabuaa    Mar 26, 2019

    Thank you lenders for funding my loan before time. I hope to receive the money early to continue my local oven project.

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  • Treesforpeople    Mar 21, 2019

    Hi Augustina,

    I wonder if you've ever heard of solar cooking? We do solar cooking in the UK - we even cooked bread in the middle of winter using just sunshine and mirrors, even though the UK isn't the best place for sun!

    It's not electric, it simply concentrates heat from the sun using something reflective. A solar cooker can even be made out of aluminium foil and cardboard, but most people don't know about this.

    If you're interested, here is a website with lots of information about solar cooking: solarcooking.fandom.com/wik...

    Also here are two links to info on how to make a fireless cooker. These are often used with solar cookers, to allow people to keep the food hot until the evenings. They can also be used with any cooking method to save firewood or other fuel.

    www.mueller-solartechnik.co...

    practicalaction.org/fireles...

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  • John Bimpong    Mar 20, 2019

    John Bimpong
    Accra, Ghana

    Dear Sir/ Madam
    Please assist me to council my current loan application and end my Zidisha Microfinance membership, please kindly also assist me to get my Members Loan Fund and any money due to be paid back to me.
    Sorry for any inconveniences
    Thanks

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    • LJ    Mar 22, 2019

      John,

      Please delete your comment from this borrower's Discussion page.

      Other borrowers' Discussion pages, and even your own Discussion pages, are *not* the correct place to try to reach the Staff.

      Lenders cannot help you with canceling a loan request or with any other administrative issues. These public Discussion pages are for borrowers and lenders to communicate with one another about their projects and their lives in general. (These pages also are for VMs to post messages for the borrower whose account it is and/or for that borrower's lenders.)

      To reach the Staff: www.zidisha.org/team, please click on the HELP link in your account and look for a help topic in the drop-down list on that page to find one that provides you with a text-box for typing a private message to them. Thank you very much.

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  • Rose Asantewaa    Mar 11, 2019

    Hello Augustina can we please get intouch I tried calling your line but was off.

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  • (Comment deleted by author)

    • Rose Asantewaa    Mar 12, 2019

      Hello Augustina please how can i contact you I have to talk to you so you assist me on something here because you are volunteer mentor or send me a mail at [email protected]

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  • Augustina Tabuaa    Jan 28, 2019

    I cannot pay the full installment amount due. I would li

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  • Augustina Tabuaa    Jan 20, 2019

    I appreciate.

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  • Augustina Tabuaa    Nov 14, 2018

    Cherished lenders of zidisha, words can't express how happy I am

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  • Augustina Tabuaa    Nov 14, 2018

    Pay less than my schedule

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  • alexalexalex    Nov 3, 2018

    Good luck Augistina!

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