Loan for a new microwave oven & my restaurant business

Kumi-oteng Rebecca

Sunyani, Ghana

12% repaid

Entrepreneur

Name

Kumi-oteng Rebecca

Member since

December 2016

On-time repayments

115 installments  •  50%

About Me

I have schooled up to polytechnic level although my childhood education was a bit rough due to my poor background. I and my other siblings due to inadequate family income. I struggled through school. I determined and worked hard with peceiverance and I was able to overcome hardship. After my my hnd education I meet a certain man sent from heaven to now my husband who buy in the dreams and aspiration then gave me something small to start a business. The unique thing about my culture is that the people here are highly hospitable and supportive. I has two kids a boy and a lovely girl the girl says she wants to be a lawyer in future and the boy is also aspiring to r a great Doctor. The unique hobby I have is I try to cook cuisine which I creat my self.

My Business

I run a small restaurant and we serve all sort of continental and local dishes we also do decorations for special event as well as cook food for events at the customers order. The goods and services we provide are very highly in demand because of the quality of services we provide and the environment we operate in makes our customers always ask for more and we provide a very healthy foods that makes it very useful. I choose this business because of the love I have for cooking. It cost me $700 and I make750 as revenue a week
I reinvest a part of my profit and and use the rest to support my husband to cater for the family.

Loan Proposal

I will use the loan to buy a new microwave for my restaurant and it will cost me $170 . It will help me keep my portioned food warm for my customers always the will enable me to give them better service and in the end keep my customers and increase my profit . It will increase my profit up to $5 dollars everyday. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$725.06

Date disbursed

May 20, 2017

Repayment status

Late

Projected term

630 months

Cost to entrepreneur

Service fee: $18.99

Kumi-oteng opted to pay $277.27 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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