64 weekly installments • 66%
i am Josephine Yeboaa from Berekum. I am twenty eight years of age. I am a female of dark complexion. I am married with two children. I had my basic education at Berekum SDA basic school in the 2007.
My parents are Mr. Emmanuel Yeboah and Mrs. Ofori Hanna, I am the the third born of my parents. I grew up in Berekum and learned a bakery business since these business is much rucrative in the town.
Josephine Bakery business deals in baking of all kinds of bread been sold in the town and meat pie.
This business is much lucrative in the town because many people cherish my bread and meat pie.
I work from Sunday to Friday all week and earn about GHS100 to GHS150 within a week or two.
I have three people serving as casual workers whom I am also having some teaching them the business.
When the loan is offered to me I will use 640$ to make the full payment of the building plot. This will help acquire the full ownership of the land, also assist me to build my business well.
I will also use 518$ to purchase flour and margarine to help expand business.
When these items are received I will get an income rise of about 20% income for which I will use in repaying the loan and use some to pay my workers.
Apr 5, 2019
Cost to entrepreneur
Service fee: 5% of $1,126.32 = $45.28
Credit risk payment: $181.11