Benjamin Gyabaa Agyei
41 installments • 73%
My name is Benjamin Gyabaa Agyei. I am the first born of my parents. I attended my basic school at Senanse Presbyterian primary and JHS. After my basic school, I furthered my education to the senior high school level at Berekum Senior High School.
After I completed senior high school, I started selling mobile phone credit. Profit from this business was used to feed my family. After two years I got little capital to start restaurant business.I have been doing this business till date.
People in my community are good and kind to people. They are indeed hospitable. Children in the community are punctual at school. Most of them want to become doctors in future while the others want to become entrepreneurs
I am entrepreneur. I run a restaurant business. I have been doing this business for two years now. I sell local food at the restaurant. These are fufu,banku and konkonte. The demand for these food is high because they are inexpensive. People from all corners of Berekum municipality come to my restaurant to patronise food.
My cost of doing businees is $350 per week and my revenue is $750 per month.
I use part of my profit to pay school fees of children in my area. I love children very much.
When the loan is given to me, I will buy bowls to serve my costumers with food.The quantity of bowls in my restaurant are not enough to serve the increasing number of customers at my restaurant. So if I am given the loan, I will buy more eating bowls to meet the demand of my customers. This will increase my revenue by 60%. The cost of the bowls is $50.
Nov 4, 2015
Cost to entrepreneur
Service fee: $17.22
Benjamin opted to pay $63.30 into the Zidisha Members Loan Fund in return for a higher starting credit limit.