Techiman Abanim, Ghana
11 weekly installments • 27%
Regina Frimpomaa is my name , i am a mother of four and business woman as well . I started trading after the death of my Mother which compelled me to quit school to concentrate on business to feed my self and my other siblings then .
Ever since i have being in this business till now supporting my children and the extended family till now.
The business started many years ago since i stopped schooling to join business. I sell yams , cassava , cocoyam , plantain and etc
I am into this business because is on high demand by consumer in the community and its environs.
I use all profit to reinvest in the business to expand.
I will use the loan to buy more plantains , yams, Vegetat and others food stuffs from local farmers for sale at the market.
Aside these, there are special orders for tomatoes in bulk to the cities which also requires funds.
Since the new year started business is good and i can repay on time using the profits and sales of the business.
Jan 20, 2021
Cost to entrepreneur
Service fee: 5% of $161.35 = $7.66
Credit risk payment: $19.98
Optional expediting fee: $15.31