Expanding my egg business

Christina Nyame

Takoradi, Ghana

100% repaid

Entrepreneur

Name

Christina Nyame

Member since

February 2016

On-time repayments

79 installments  •  72%

About Me

I started school at bishop Essuah at Takoradi after which i pursue my secondary school at Bompeh secondary Technical School also at Takoradi after my secondary education things became tough, therefore furthering to tertiary became impossible. I therefore decided to do a little trade, by so doing i was able to gather something to help me enter Takoradi Polytechnic where i studied marketing. After my tertiary education i serve at Atebubu Government Hospital for one year as my nation services. Finding a job was not easy so two years of searching for job without finding any i decided to revisit what i was doing when i completed secondary school.

My Business

As a trained marketer i thought it wise to put into practice what i learnt at school, so i decided to enter into the food industry selling Eggs on wholesale to retailers. i choose food industry because of it consumable nature which therefore means repeated business. After some research i also realized that almost everybody in Ghana eat one egg a day, with a population of about 24 million then it means the egg business will not be bad to enter into. getting eggs in bulk from the Brong and Ahafo where most of the poultry farms are located is not an easy task and costly too getting a full container of eggs and transporting it all the way to the western region will cost about USD 12,850 per trip. I intend to reinvest profit i get into my business and also to use some to further my education.

Loan Proposal

FIRST OF ALL I WANT TO THANK YOU FOR THE HELP YOU PROVIDED ME IT HELPED ME TO INCREASE MY STOCK FROM 420 CRATE TO 500 CRATES MY VISION IS TO EXPAND TO 1000 CRATES PER WEEK SO AM PLEADING TO YOU TO LEND ME GHS 1100.00 WHICH WILL BOOST MY WEEKLY SALES FROM 500 TO 650 THEREBY GETTING CLOSER TO MY DREAM THANK YOU

Feedback

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  • Will    Oct 12, 2017

    Christina was able to make the majority of her payments on time and her volunteer mentor helped provide updates when she was unable to.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$295.26

Date disbursed

May 18, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $7.09

Lenders

mole333

Brooklyn, United States

A

AniaC

Melbourne, Australia

PG

Paul Graham

United States

Anonymous

Ocoee, United States

MS

Mike Sutherland

United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

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