Purchase of a commercial scale and a cake mixer

Akpevweoghene Erica

Benin , Nigeria

100% repaid

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How it Works

Entrepreneur

Name

Akpevweoghene Erica

Member since

January 2019

On-time repayments

119 installments • 42%

About Me

Hi, I'm Akpevweoghene Erica Ogodo. I'm a teacher and im also into catering craft. I make delicious confections and I plan to go into sales of confectioneries in the long run.

My Business

I earn a living from teaching but majority of my income comes from my catering business. The baking field is a very lucrative one. cake making, snacks making (spring rolls, sharwama, samosa, meatpies, etc.) adds a whole lot to my income.

Loan Proposal

This loan would help me purchase a cake mixer to speed up production of confections. also a weighing scale is also needed to prepare my confections adequately. I also plan to make a logo for my business.

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Michael Thurm Apr 8, 2019

Repaid early!

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Laura Apr 1, 2019

Repaid early and the full amount. Would definitely lend again :)

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Loan Info

Project Type

Classic Loan

Disbursed amount

$117.00

Date disbursed

Mar 20, 2019

Repayment status

On Time

Projected term

6 weeks

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Jonathan Ely

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Akpevweoghene Erica Oct 26, 2022

The flood problem has badly affected business. All items and raw materials meant to be shipped to certain regions and also sent down to me has been placed on hold.

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Akpevweoghene Erica Oct 6, 2022

Business is slowly picking up. Hope to pay the original amount soon.

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Akpevweoghene Erica Sep 21, 2022

Increase in the rate of dollar exchange affected the price of the equipment I purchased.

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Akpevweoghene Erica Aug 27, 2022

The increased cost of goods made me spend more than what was budgeted for the dehydrator.

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Akpevweoghene Erica Aug 8, 2022

From the depth of my heart I wish to appreciate you for funding my project. The funds will go into getting a small dehydrator and also restock raw materials for production. Thank you so much.

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Akpevweoghene Erica Aug 8, 2022

With the last loan, I was able to launch my new products: tigernuts powder. I am building a business that focus on providing organic food ingredients that are free of additives in order to promote healthy consumption, good health and well-being

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Akpevweoghene Erica Mar 18, 2019

From the depth of my heart, I want to thank you for your financial support. With your assistance, Tastie Creations would be able to purchase a cake mixer to speed up baking process and also get a business card to promote the business. Believe me when I say you have made someone smile today. And I hope laughter never depart from you too. Thanks again. I'm truly grateful.

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