Loan to purchase land for bakery business

Josephine Yeboaa

Berekum, Ghana

100% repaid

Entrepreneur

Name

Josephine Yeboaa

Member since

January 2018

On-time repayments

70 installments  •  69%

About Me

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.

My Business

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.

Loan Proposal

When the loan of GHS 3220 is offered me I will use GHS 2000 to do part payment of a building plot so that I can relocate my business to enable me to get enough space for growth of the business.
I will also use the remaining GHS 1220 to purchase 4 bags of flour and margarine to boost the growth of the business.
When is achieved I shall receive an income of GHS 105 each day which will enable me to repay the loan quickly as possible.

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$666.68

Date disbursed

Jan 4, 2019

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $20.38

Credit risk payment: $81.54

Lenders

PaulE

Cockeysville, MD, United States

MarktheMormon

Sandy, Utah, United States

L

Liz

Nowra, Australia

G

Goldrivermob

Gold River, Canada

Lisbeth

Perth, Australia

R

Rahima

United States

Tom Eggert

Madison, United States

Ren

Minneapolis/StPaul, United States

NH

Nancy Hull

United States

M

Margaret

United States

JH

Joseph Hwang

Houston, United States

B

Berni

Germany

R

Ray

Australia

L

Lisa

United States

World Centric

Sonoma County, California, United States

alexalexalex

Berlin, Germany

L

Lauren

Sacramento, United States

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