Loan to grow my catering business on campus

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 first of all need a new stove/ electric oven for my catering business which I run on Campus.

However, the amount in need is a bit high so what I intend to do with this loan is to add it to my already small capital to buy flour for baking.

This will help me to pick more orders and by so doing make more profit and income.

Currently the loan of 71 Ghana Cedis will help me to purchase one additional bag of flour.

To this with patience I will increase my output and increase profit which still fits into my plan for growth even here with lenders.

Income Source

As the loan assist me to increase the flour I will use for baking, I can serve more customers which will result and in that way I can pay for the loan accordingly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.55

Date disbursed

May 23, 2021

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $0.47

Credit risk payment: $3.30

Lenders

Paul Buchheit

Mountain View, United States

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