Selling cooked food in my community

Gladys Oppong Bonsu

Nsawam Zongo, Ghana

100% repaid

Entrepreneur

Name

Gladys Oppong Bonsu

Member since

February 2016

On-time repayments

88 installments  •  64%

About Me

My name is Gladys Oppong Bonsu and i am a Ghanaian. i completed senior high school some five years ago. Right from my childhood days till now, i have been the only source of inspiration to my family's Greatness. My quest to further my education to the next level was shuttered by the death of my father right after i completed school. Dreams died and my hopes were lost but with the human spirit that never gives up i took to selling cooked food on tables in my locality and hardwork has paid off till date.
My struggle and determination to not remain idle was what lifted me in my moment of difficulty.
My community is a very quiet one witth a lot of people with lots of trees and known in Ghana for it Bread baking. We have a very unique culture with a very nice festival celebrated ones every year. My aim current is expand my food vendor business, and with hardwork in the future to be able to own on mini restaurant in my community.

My Business

I Sell cooked food on a Table in my community. simply put i am a food vendor. i cook food like rice, Banku which is a yam, plaintain and kenkey. However, they are on small scale.
A one full bag of say dry maize for $ 50, After turning it into kenkey and Banku, i make a profit of not less than 50% off the invested amount. The same applies to the cooked rice as well. so in general, i made a profit of not less than 40% on invested capital.
As a young lady with much dreams and Passion, i save 60% of my profit, reinvest 20% and i live on just 10%.
One more thing about my small business is that since it is about cooked food, always there is a market for it, and that sales is done on daily bases which will allow me to meet the loans obligations weekly if When my project is fully supported.

Loan Proposal

When and if my loan project is fully funded, i will invest all the amount into my business. i will buy the following stock to support my trade;
One big bag of dry Maize..........................................................$50.00
One bag of Rice................................................................................$25.00
Cooking Oil..........................................................................................$30.00
Cooking spices...................................................................................$20.00
25 eating bowls for my customers..........................................$25.00
25 Table spoons...................................................................................$10.00
Drinking cups........................................................................................$10.00
A larger Table for my Trade...........................................................$30.00
The entire expenditure is some $200.00. This will set me up, will give me the opportunity and will be a dream come through for me. Then to the people of my community it means availabity of food any time the need it at affordable price that they can afford.Thus prices that both the young and the old can all buy and have something to eat.
With this new capital inflow, i expect to have a profit increase of more than 50% on the invested $200.00 and since it is a daily trade it will help me to honor the loan obligation by paying on time and per schedule

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$404.05

Date disbursed

Sep 5, 2016

Repayment status

On Time

Projected term

61 months

Cost to entrepreneur

Service fee: $9.88

Lenders

C

Cblodgett

Zurich, Switzerland

Brian

Midhurst, Canada

C

Christian

Saarbruecken, Germany

W

Witlof

Tsukuba, Japan

DuAel

Orvault, France

P

popeye

Cibolo, United States

ErikN

Stockholm, Sweden

Scott

Oregon, United States

johnandmoliehi

Canton, New York, United States

MakeSense

-, St. Kitts and Nevis

L

Lemon

Switzerland, Switzerland

A

AlexCheng

Seattle, United States

A

anonymous123

United States

SeeMeeFi

Ontario, Canada

B

BMcDermott

Washington, DC, United States

DocHolliday

Legend, United States

D

Dianatalk

Netherlands

M

martyb

United States

K

Kudrnova

Czech Republic

D

Donh419

United States

Paul Buchheit

Mountain View, United States

B

bugdaniel

Switzerland

J

JennK

Australia

Tobsoc

Hannover, Germany

B

bscent

Hong Kong

Taylor Hanna

United States

M

Manley

Windermere, United States

WiscoHorndog

United States

D

Desteli

United States

K

Keith

Luxembourg

Otto Barten

Amsterdam, Netherlands

T

twm3823

United States

P

pnrjulius

United States

D

djlayton4

United States

Nigel Titley

Milton Keynes, United Kingdom

Gab

Singapore

A

AER

Germany

TM

Theo Mbise

Switzerland

S

Staf

Humbeek, Belgium

Paul

Auckland, New Zealand

W

Wade

United States

MB

michael breen

United Kingdom

DF

Daniel Fehr-Krahn

Winnipeg, Canada

E

erica

antwerpen, Belgium

KL

Kevin Law

United States

JC

JD Conley

United States

Paul

Seattle, United States

Cameron Graham

Nashville, TN, United States

JD

Jeff DePree

United States

George

Corvallis, Oregon, United States

A

A

United States

CNV

United States

Pedro R-C

Cambridge, United States

Solon Brown

Singapore, Singapore

Martin Nielsen

Aarhus, Denmark

KR

KJ Roberts

United States

M

Mart

United Kingdom

PG

Paul Graham

United States

Kavitha Amarnath

Sydney, Australia

Aran Dunlop

United States

DL

Dan Lawrence

United States

Paul Smithson

Leeds, United Kingdom

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

Eugen Stamm

Zurich, Switzerland

D

Daniel

United States

OH

Orion H.

United States

MT

Marco Tietz

United States

Thomas

Sweden, Sweden

Carlos Raphael Rocha

Joinville, Brazil

Bill Glover

United States

L

LK

United States

Y

YTSJ

London, United Kingdom

Tam Thao Nathan

United States

TW

Tyler Wood

United States

T

Tom

United States

JC

Justin cohan

United States

S

stevensau

United States

K

Kaleb

United States

EthicalHost

Toronto, Canada

KE

Karen Epolito

Syracuse, NY, United States

T

tonym

Australia

RB

Rohit Bhatia

United States

YV

Yuri Vanin

United States

K

Kerry

United Kingdom

S

Stephanie

Zurich, Switzerland

I

isaac

United Kingdom

RC

Rudi Chen

United States

KK

karl kerksiek

United States

Dan Brinkman

Lynden, WA, United States

MC

Mark Cowburn

United States

KG

Kate Goodwin

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Diane U

Olympia, Wa, Usa, United States

Ask Gladys a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...