Loan for flour, yeast, sugar, and margarine for making pastries

Faustina

Kpone, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Faustina

Member since

January 2016

On-time repayments

193 installments • 55%

About Me

Am Faustina Abladey,i hail from kpone a town located in tema a suburb of Accra the capital of Ghana.
i attended tema girls vocational school. Akuokor am popularly known in my community.
despite all challenges i encoded ,after my basic school i proceed to tema girls vocational school where i learn catering .after my vocational school i work in a restaurant for three years.
after three years i went back to what i study in school and begin to my own business.
i bake pastries and sell,that the work i do i can proudly say my pastries taste very good.

My Business

my business i s made up with my families,my sister and i ,i teamed up with her in distributing pasties that produce.
my sister move from one company to another because my town is located near the industrial in Ghana.i also produce pastries for youth men who take ice cream for hawking in my community, children in a nearby school also purchase my product because it taste very nice.they also prefer my product because of it quality and the hygienic condition in which i do my production.
moreover my business more profit when there are occasion like naming ceremony,wedding ceremony church service and funeral service. i earn 60gh cedis per flour bag.i do encounter challenges when children are on vacation and workers going for Christmas break on holidays.

Loan Proposal

dear lenders ,
i would like to plead with you to assist me with loan to purchase raw materials for the production of pastries .
i would use the loan purchase raw materials (1)flour 2 bags= 100 dollars(2),yest =20 dollars (3),sugar 2 bags 80dollars (4) margarine 4 cans =150 dollars etc.
All these raw materials are estimated to be 350 dollars in totality .
The profit that will be generated from this loan will be use to pay the fees of my daughter .
I expect my business to go 50 percent high in income generation if am to buy material to support the business.

Thank you.