Loan to purchase flour and margarine to increas 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 shall use 150 dollars to purchase flour and use 64 dollars to purchase two buckets of cook brand margarine for the bakery business.
This will enhance business growth of about 5% marginally and enhance the quality of the bread i bake to customers.
The income that will be received shall be used to repay the loan and also use some to expand my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.59

Date disbursed

Jun 18, 2018

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $5.95

Credit risk payment: $35.83

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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