Selling baked goods and soft drinks

Sammuel

Cape Coast, Ghana

100% repaid

Entrepreneur

Name

Sammuel

Member since

July 2020

On-time repayments

100 installments  •  31%

About Me

Aidoo Samuel is my name I am a married man with three children, I live at Brafoyaw with my wife and the children, opposite Aggray Memorial Senior High School Cape Coast and I am 1.72 height tell,36years old
My mother's name is Madam Grace Amoah and Mr. Samuel Aidoo( senior) is my father, I have three sisters and two brothers, some of them are schooling and I take care of their education finances because my father is aging and he is a jobless and mother is used to doing small scale business her profit is very poor so I have to support them because I am the elder son. I became self employed in September 5th 2005 after completed my apprenticeship work at University of cape coast fault of maintenance section and bakery business is one of the Great opportunity job to me, because my late grandmother was a baker so I learned it from her when I was a kid at the age of 10years at that time I was in class 4 at primary school and my wife is also baker but because of her pregnancy period she couldn't able to continue the bread business because of temperature other things so she handing over to me including all her equipment,At moment my wife handing over the job to me people's started laughing at me saying that my wife has fooling me because in our community only female people do the bread business so why should I do such business, but I didn't listen to them and work hard to gain in the business to achieve one of the big container store in our community, that container is now we are working in, if you go to other region in Ghana you could see that many male people do bakery business, so I will say that I am the first male person to do bakery business in our community, so now same of elders in our community said I have set a good example for young boys in our community.
The interesting thing I like best is researching on the Internet, and playing games on my phone but since I joined zidisha I have stopped because I don't get time to play even previously I liked to watch football matches and other things but these days because of my business I spend more time in my business both bakery and Electrical works.

My Business

My business is bakery, selling soft drinks,and my other source of income comes from my Electrical work, currently I gain 60%from bakery business,30%fromElectrical work,5%from soft drinks and 5%from fan milk business but in my Electrical works if I get a contract I gain more profit then selling soft drinks and bakery business and fan milk business. my fanmilk products I sell was credited to me and after selling I paid back.

Loan Proposal

I will use to purchase one bucket of margarine, one cann of baking powder, and previously I have one bucket of margarine so when I finish pay my loan back I will get two bucket of margarine.

Income Source

I will use this loan to purchase one bucket of margarine and I will paid it in to my money box ,every time I used it or if I didn't get the fund to repaid my loan I will use my other source income to paid it.

My Videos

Mar 12, 2021: Introduction of my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Sep 14, 2020

Repayment status

On Time

Projected term

1 week

Lenders

tycho

Madison, WI, United States

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

Tim

Utrecht, Netherlands

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