Loan to boost my catering service

Salomey Agyin Sam

Prampram, Ghana

100% repaid

Entrepreneur

Name

Salomey Agyin Sam

Location

Prampram, Ghana

On-time repayments

6 weekly installments  •  83%

About Me

My name is Salomey Agyin Sam. I m a young lady of 27 years old. I am single. I school as well as my small catering business.
I grew up in a family of 6 with 3 strong boys and Two other girls aside myself. Life in rural Ghana during childhood wasn’t easy at all as we had to assist our parents with farming before going to school in the afternoon because our school did run shift. But I was determined.

Fast forward, I completed my senior high school where I studied Home economics. Home economics in Ghana deals with Catering.

I then progressed to tertiary where I am offering me diploma with hopes of Adding a degree later.

I am friendly and a very strong young woman with dreams and goals to achieve all I have set out to achieve in this Life.

I run my catering services to support myself and sometimes my parents who are a bit old now.

My Business

Due to catering i have to buy flour oven and also fill gas to start the next weekend i have book for a wedding program next weekend so i need money to buy such equipment to help me do this business .
I will be very glad if this loan will be funded . And this business has keep me going always its helps me to further my education i pay the bills with the profit i get from this bakery business i have been into.
God richly Bless Zidisha for impacting life. its has help me start business and getting customers and they always do order of my pastries i sometimes get orders from school and some offices i want to be part of the best bakery in .Ghana
Thank You so much.

Loan Proposal

I run a catering service on campus even as a student. I bake cakes and pies and also take orders for events etc.

This loan will be used to purchase floor and a bucket of Magerine/Oils for my baking.

It is estimated that, a medium bag of floor cost some 75 Ghana Cedis and a bucket of oil/Margerine cost 40 Ghana Cedis.

When work with the inventory above, I will be making a profit twice the amount invested and that will enable me to quickly repay my Loan.

Income Source

The risk that Covid 19 brought to my business had to do with the bans on social gatherings. However, most have been lifted.

Beside my catering business, my parents also remit me money for my upkeep in school weekly so even if my Business plan fails in a week, I still have a back up which will help me to comfortably repay my loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.32

Date disbursed

Jun 2, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $0.79

Credit risk payment: $3.62

Lenders

F

fambig

Switzerland

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