Purchase flour and butter bread bowls for growing business

Ernestina Konadu

Berekum, Ghana

100% repaid

Entrepreneur

Name

Ernestina Konadu

Member since

May 2015

On-time repayments

209 installments  •  49%

About Me

My name is Ernestina Konadu. I come from the Brong Ahafo part of Ghana, and I am the first born child in a family of six children. Our father died when I was still in high school, and that made the turning point of our life. My mum, who was a house wife then, had to struggle to pay school fees and provide basic needs for the six of us.

We all worked hard in school, and during holidays and weekends we would help mum by hawking groundnuts, sweets, and soda to supplement her little earnings. We were supportive of each other and would allow Mum to buy us uniforms in turns, since she could not handle all the pairs in one go, but all in all we made it through the Grace of God. I am now married to a handsome man called Enoch Ofori with one son.

My Business

Givers Bakery deals with baking and selling of bread. My aim now is to buy flour and margarine and other things that would assist me in the bakery services. Since I am into baking, I want to employ more people to assist them to have knowledge in small-scale business.

The profit made is used to pay the workers that I employ, and I use some to help my junior siblings, who are also in school-going age. I will pay my loan through my sales as stipulated in our agreement. Thank you for considering me: it’s a great honor to be part of this family.

Loan Proposal

if i becomes more lucky and my loan is funded, i will purchase one bag of flour which cost 40 dollars to support the business and i will also buy a bucket of margarine which cost 20 dollars and purchase four packet of butter bread bowls which cost 30 dollars and the remaining amount will be used to purchase nut milk and flavor to make the bread very attractive to customers.
the business is now moving up and the number of customers keep on rising everyday. my workers also are enjoying since they get work everyday.
at every day break i expect 20% increase in income.

Show original English  

About Me

My name is Ernestina Konadu, I come from the Brong Ahafo part of Ghana , am the first born child in a family of six children ,Our father died when I was still in high school and that made the turning point of our life.
We all worked hard in school and during holidays and weekends we would help mum by hawking groundnuts sweets and soda to supplement her little earnings, we were supportive of each other and would allow Mum to buy us uniform in terns since she could not handle all the pairs at a go , but all in all we made it thru the Grace of God. Am now married to a handsome man called Enoch Ofori with one son

My Business

Givers bakery deals baking and selling of bread. My aim now is to buy flour and magarine and other things that we assist me in the bakery services. Since am into baking, I want to employ more people to assist them to have a knowledge in small scale business.
The profit made shall be disbursed to repay off the loan and some for funding my sibling educational needs, thank you for considering me, It’s a great honor to be part of this family.

Loan Proposal

if i becomes more lucky and my loan is funded, i will purchase one bag of flour which cost 40 dollars to support the business and i will also buy a bucket of margarine which cost 20 dollars and purchase four packet of butter bread bowls which cost 30 dollars and the remaining amount will be used to purchase nut milk and flavor to make the bread very attractive to customers.
the business is now moving up and the number of customers keep on rising everyday. my workers also are enjoying since they get work everyday.
at every day break i expect 20% increase in income.

Feedback

11

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  • BernadetteV    Oct 26, 2017

    Regular repayments and loan repaid early.

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  • Margaret    Aug 11, 2017

    Ernestina paid off her loan in a timely manner. I would gladly lend to her again and encourage others to do the same.

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  • BernadetteV    Jul 31, 2017

    Ernestina made regular repayments. I will continue to support her projects.

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  • Helen Horseman    Jul 31, 2017

    Thank you for your 100% on time repayments Ernestina.
    Best wishes for your baking business in the future.

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  • BernadetteV    Apr 13, 2017

    It was a pleasure to lend to Ernestina. Her loan was repaid early and she kept up updated about her business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$104.00

Date disbursed

Jan 14, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

F

flaguy999

Tampa, United States

J

JacobvdW

Netherlands

Z

zidscott

United States

RW

Ron Wilde

Alaska, United States

Rosario von Li

San Jose, Ca, United States

K

Katka

St Albans, United Kingdom

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Summary

Amount repaid

$101.50

Amount remaining

$0.00

Date repaid

Feb 28, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 24, 2016 $10.00 Jan 30, 2016 $7.25
Feb 4, 2016 $2.75
Jan 31, 2016 $10.00 Feb 4, 2016 $9.75
Feb 9, 2016 $0.25
Feb 7, 2016 $10.00 Feb 9, 2016 $10.00
Feb 14, 2016 $10.00 Feb 9, 2016 $10.00
Feb 21, 2016 $10.00 Feb 9, 2016 $4.75
Feb 21, 2016 $5.25
Feb 28, 2016 $6.75 Feb 21, 2016 $6.75
Mar 6, 2016 $44.75 Feb 28, 2016 $44.75

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