Bulk purchase of flour for my bakery

Adwoa

Berekum, Ghana

100% repaid

Entrepreneur

Name

Adwoa

Member since

August 2015

On-time repayments

255 installments  •  25%

About Me

i am the person of adwoa dorcas who haled from seikwa township and iam the second born to my parents. i started my education in the seikwa township and completed the basic education there. i am single and fair in complexion. i am twenty-five years of age. after completion of basic education i visited my uncle in berekum and i stayed with him for about three years and later he he sent me to learn bread baking and i understood because that was the aim of me going to that town. i learnt job for about three and half years and i became more qualified to start my own but to get money was a problem so my master offered me chance to work with her for a pay. thank God that i have started with my own.

My Business

adwoa dorcas bakery is situated in berekum brennyekwa on the road to seikwa. we deal in baking of bread for retailers and stores and when schools are in possession we supply some to schools too. when schools are opened i earned about 30 ghana cedis a day but when have vacated i earn less than that. this business is most beneficial to me because everyday i get something out from it also people will be having their breakfast each day and they will fall on me for their brakfast. the profits that i receive from it, i use some to pay my light bill and sends some home for my mum and dad who are now on their retiring ages.

Loan Proposal

When the loan is offered me I will buy six bags of flour which will cost 200 dollars and four boxes of margarine which will also cost 100 dollars.
When this is offered me, it will increase my intake on the part of customers that I supply each day.
This will increase my income 5%daily.
The amount that I will get would be used for the loan repayment and savings and some for my family members.

Feedback

11

None

1

  • David    May 16, 2018

    There were no payments from August 2017 to May 2018, when I finally gave up and transferred the loan to the Zidisha Members Loan Fund. I still hope Adwoa can recover from whatever happened to her business.

    Log in to reply • Share
  • BernadetteV    Aug 21, 2017

    Regular repayments and loan loan repaid in half the time. Glad that your hard work in the business is giving you success. Well done!

    Log in to reply • Share
  • (Comment deleted by author)



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Loan Info

Project Type

Classic Loan

Disbursed amount

$343.00

Date disbursed

May 28, 2016

Repayment status

On Time

Projected term

6 months

Lenders

KivaTom

Tillamook, Oregon, United States

Stefano Bertolo

Luxembourg, Luxembourg

R

roozbeh

United States

Laparo

Dusseldorf, Germany

Michel Bavin

Antwerp Area, Belgium

Matthias

Frankfurt Am Main, Germany

Roy

Espoo, Finland

Sonya Forrester

United States

G

Gianni

Venice, Italy

wissam

Jeddah, Saudi Arabia

Taylor

Memphis, United States

Elise E

United States

Thomas

Sweden, Sweden

Mary

Germany

K

Klasi

Germany

F

Frank

Netherlands

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

M

Maddie

Sydney, Australia

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