Loan to buy a gas oven for my bakery business

Benedicta Osei

Tepa, Ghana

100% repaid

Entrepreneur

Name

Benedicta Osei

Member since

February 2015

On-time repayments

179 installments  •  59%

About Me

I'm Benedicta Osei Nyantakye from Tepa in the Ashanti region of Ghana and I stays in Asawase in the Askore Manpong MunicipalAssembly.
My parents break up that brought about my hardship and I was with my mom and we have to borrow from people just to pay my fees.
My mother use to fry meat pie and I always help her whenever I come home and I planned to make it big time when I complete my senior and some told me about zidisha and he told me i can even pay GHC5 every week and i said my problem is sorte. I requested for a loan.
Our country Ghana is a very peaceful country that people come for vacation anytime due to the peace in our land and it's also fertile for crop production.
I don't have a child yet.
Am always on the Internet learning new things.

My Business

I am in to bakery and snacks business, bakeries like meat pie, cake and bread.
The place I work is closer to some companies and so they come on lunch at my bar.
This business is my mother's business and I want to inherit my mother's business.

The cost and revenue of my business due to the real cost is determine by production of the items.
I will reinvest in my profit in my business.

Loan Proposal

This loan will be used to buy a gas oven for my bakery because I used to use electric oven that leads to make my electricity bill very costly. The cost of the oven is around $150.
The gas oven will reduce my electricity bill because the gas will last with a low cost.
I know am going to gain a lot of profit because the money that i was using to pay electricity will be my profit because the gas oven will save me a lot of cash.

Feedback

1

1

None

  • Stephan W    Mar 14, 2017

    Only one repayment that was paid late and she explained why that was the case. Would definitely lend again.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$82.00

Date disbursed

Mar 23, 2017

Repayment status

On Time

Projected term

5 months

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

Ask Benedicta Osei a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$77.50

Amount remaining

$0.00

Date repaid

Jul 30, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 2, 2017 $5.91 Apr 2, 2017 $5.91
Apr 9, 2017 $5.91 Apr 9, 2017 $5.91
Apr 16, 2017 $5.91 Apr 16, 2017 $5.91
Apr 23, 2017 $5.91 Apr 16, 2017 $0.91
Apr 25, 2017 $5.00
Apr 30, 2017 $5.91 Apr 25, 2017 $1.82
Apr 30, 2017 $4.09
May 7, 2017 $5.91 Apr 30, 2017 $0.45
May 7, 2017 $5.45
May 14, 2017 $5.91 May 14, 2017 $5.91
May 21, 2017 $5.91 May 21, 2017 $5.91
May 28, 2017 $0.00
Jun 4, 2017 $2.27 Jun 4, 2017 $2.27
Jun 11, 2017 $2.27 Jun 11, 2017 $2.27
Jun 18, 2017 $2.27 Jun 18, 2017 $2.27
Jun 25, 2017 $2.27 Jun 26, 2017 $2.27
Jul 2, 2017 $2.27 Jul 2, 2017 $2.27
Jul 9, 2017 $2.27 Jul 9, 2017 $2.27
Jul 16, 2017 $2.27 Jul 16, 2017 $2.27
Jul 23, 2017 $2.27 Jul 24, 2017 $2.27
Jul 30, 2017 $2.27 Jul 30, 2017 $2.27
Aug 6, 2017 $2.27 Jul 30, 2017 $2.27
Aug 13, 2017 $2.27 Jul 30, 2017 $2.27
Aug 20, 2017 $2.27 Jul 30, 2017 $2.27
Aug 27, 2017 $2.27 Jul 30, 2017 $2.27
Sep 3, 2017 $0.68 Jul 30, 2017 $0.68

Loading...