Loan to expand my restaurant shop

Boakyewaa

Accra, Ghana

100% repaid

Entrepreneur

Name

Boakyewaa

Member since

February 2016

On-time repayments

50 installments  •  54%

About Me

My name is Boakyewaa Naomi. I was born on 5th July 1986 so now i am 29 years old. i had my basic education at Tema L/A Junior High School and further to Accra Girls Senior High School. My husband comes from Accra where we reside.
Since during our time education particularly for the girl child was not valued, It was not a big deal that after my High school I did not get a chance to go to College. However, I only wish I got it as I could be very far in life from where I am today. I do not regret though and that is why I work very hard to give my children an education.

I am a wife and a mother of 3 children . I operate a small restaurant in Accra town center and I depend on my business to provide for my family. My husband works on our farm and together we support our children.

I have a strong desire to succeed and I hope I hope that with this loan my business will grow and I will generate enough income to support my family.my hobbies are watching movies dancing, jogging and traveling.

My Business

My business involves fast foods (Chips, Chicken, Sausages, Smokes etc) and roast meat. I decided to start this business in the year 2012 after observing that many young adults in my area had no time to cook in their houses. the biggest challenge is the lack of reliable electricity leading to wastage of food mainly chicken and meat.
In the future my goal is to become a large scale hotelier and supplier of chicken products. I usually make profits of up to $ 3500 per month which I use half to expand the business and the rest half to cater for my family needs.
i am proud of my business because it has created employment and provided for my daily needs.my restaurant is located at vantage place where many people come here to eat food and my restaurant is only one in this community where there no there restaurant apart from mine.i use the profit for reinvestment in order to get more profit but now i need loan to equipment for my restaurant shop.

Loan Proposal

i am highly grateful for my dear Zidisha organization to grant loan for individuals for their business.am pleading with my dear leaders to help me with $200. i hope through my restaurant shop i will able to pay the loan on time and i use the loan to expand my restaurant shop in order to get more profit for my business and support my family..i am also agree to the terms and conditions given Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 24, 2016

Repayment status

On Time

Projected term

5 months

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