Ghana

Loan for transport vehicle and for licensing for my herbal-medicine service



Entrepreneur
Grace Mawufemor Foli
Akome Gbogame, Ghana
Invited By: Godwin Mawutor Wuankah
Volunteer Mentor: Kyere Yaw Listowell
Followers: 2
On-Time Repayments: 100% (38)
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This Loan

Amount Requested: $1,057.00
Still Needed: $363.00
Application Expires: Jul 3, 2017
Repayment Frequency: Weekly Projected Term: 20 months
Cost of Loan: $52.94
Show Cost Details

Cost of this loan

Service Fee: 5% of $1,057.00 = $52.94

Cost paid to join Zidisha

Upon joining Zidisha, Grace Mawufemor opted to pay $464.21 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

The cost paid to join Zidisha is only paid once and entitles Grace Mawufemor to raise an unlimited number of loans at zero interest. Learn more


Story
About Me

I am a Woman from Akome Gbogame in the Volta region of Ghana. My ambition is to become a recognized and certified herbalist. I stayed with my father who was a renowned rural herbalist from which I have studied the herbalist business. My father decided never to send me to any higher school since I will be married off to another man. But as for the boys, they were educated, and they would stay in the house and expand the family. So I attended school up to primary level. I always follow my father to the farm and helped him a lot in his farming while the boys are attending school. My father taught me many herbs and how to use them in the treatment of disease.
So after the death of my father, I became herbalist.

My Business

I become herbalist after my father's death since I been with him all these while, of which I have been preparing different kid of herbal medicines for sale. I now have over 5 years working experience as a rural herbalist of which its my great desire of become a certified and qualified herbalist. I want to expand my business by means of buying some tools and equipment and also rent a place to be used as Herbal Store. I therefore need assistance from Zidisha to raise money for this purpose.

Loan Proposal

Thank you for your support for my project. I am applying for another loan to enable me to commence the licencing process to enable me to sell my medicine in any part of Ghana. This will increase my revenue to a sound level since productivity will be increased. Part of the money will also be used to repair a car meant to be used for the sales of the medicine.
It will help other people in other parts of the region or country who might be in need of the local medicine to get access. I am counting on the zidisha team and its lenders to help me raise this loan in the shortest possible time.



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Loan for transport vehicle and for licensing for my herbal-medicine service

Grace Mawufemor Foli
Akome Gbogame, Ghana

65% 
Funded
$363 
Still Needed
8
Days Left
$