Loan to purchase bakery products to support 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 is offered to me i will use 40dollars to purchase baking flour to enhance baking business and use 20dollars to purchase margarine and use the remaining 16dollars to purchase some addictive to the business.
When these items are received it will give rise to income of about 10% maximum in the business per week.
I will use some of my earnings to repay the loan quickly and use some to fund my wards educational needs.
Thank for your usual cooperation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.90

Date disbursed

Jan 24, 2018

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $1.77

Josephine opted to pay $30.13 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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