Increasing working capital

Mary

Agona Duakwa, Ghana

100% repaid

Entrepreneur

Name

Mary

Member since

June 2017

On-time repayments

80 installments  •  88%

About Me

My name is Mary Nyarko; a native of Agona Duakwa in the Central Region of Ghana. I was born and bred in Agona Duakwa, Ghana and still lives at Agona Duakwa.

As a young lady of twenty-eight (28) years of age who holds a Bachelor of Education in Community Based Rehabilitation and Disability Studies from University of Education, Winneba – Ghana, I aimed at starting my own business in the community in which I currently live (Agona Duakwa) since searching for a job is becoming a global problem in my country (Ghana). I currently work with Salvation Army Community Rehabilitation Project, Agona Duakwa as a Rehab Personnel (Contract Staff).

My Business

My personal business as a trader at our community market started in the year 2014 with a current capital base of GH¢ 5,000.00 (USD 1,157.41). I started as tomatoes and pepper seller on table top but have currently increase my product base to all kinds of vegetables, spices, foodstuffs, and smoked fishes with the little monthly earnings from my contract job at Salvation Army Community Rehabilitation Project. Currently, the local government has constructed a market complex for the community but it’s going out for a price. It’s my dream of owning one of the shops in the market for business expansion.

I have a large customer base due to the good interpersonal relationship that I have with them (members of the community) and still hoping to expand my customer base to other communities around.

Combining my trading business with the Rehab Personnel job is not an easy task at all but with the assistance from my lovely mum, things are just working out perfectly. In my absence at the market, my mum takes over. Such a lovely mum I have.

Loan Proposal

Securing a loan facility will enable me acquire one of the new shops constructed by the local government and buy more stocks. This will in effect increase my profitability by 40% by end of each month.
Injection of more capital through funds from Zidisha family would enables me expand my business, hence makes me focus on establishing my own career (trading business) than the Rehab Personnel work.

Feedback

2

None

None

  • John    Apr 28, 2018

    Thank you so much for repayment of the loan. Hope everything goes well for you.
    Best Wishes
    John

    Log in to reply • Share
    • Mary    Apr 30, 2018

      Thanks John. God bless you for the support.

      Log in to reply • Share
    • Mary    May 3, 2018

      I have please apply for a new loan and hope to have your full support. God bless you

      Log in to reply • Share
  • Kelly    Aug 28, 2017

    Paid back ahead of schedule!

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$41.00

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

G

glh25

Winooski, United States

Paul Buchheit

Mountain View, United States

B

Bernhard

Baden - Baden, Germany

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Kelly

United States

Ask Mary a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...