Inventory for palm oil sales

Millicent

Odorkor, Ghana

100% repaid

Entrepreneur

Name

Millicent

Member since

November 2014

On-time repayments

99 installments  •  24%

About Me

My name is Millicent Ashong .l live in Odorkor , an area in Accra. lam 23years old.l completed primary school and continue to have Junior Secondary School Certificate.My parent are Mr and Mrs Ashong l grew up with five siblings l am married and has a daughter . my child is going to school. l married my husband, Emmanuel last 4 years . l have set up small business which l sell local palm oil to my customers.l started this business because l want to support my husband so that he can
provide basic needs for my children. l do not want my husband alone be a main earner in the household. l used my earnings to pay my child school fees and save some for my business. l like watching movies, soccer and reading books. l dislike people who are not hard workers.Since l did not go to university l want to work hard in my business so that l will send my children to college.

My Business

l sells Palm oil to local people in the market. l buy all my Palm Oil products from the wholesalers. l have been doing this for3 years. l earn approximately GHC 500 per month (about $155) from this business. The demand are very high and now days l can hardly manage my household expenses with my income. l wants to expand my business so l can enjoy a better life and support my husband to provide basic needs for our children.. l am happy that l am self -employed and can contribute to my family’s livelihood.
As well as changing my family’s situation, l want to apply for a loan to visit a wholesale shop and buy Palm Oil in bigger quantities and also at a discount. This will enable me to increase my profits.

Loan Proposal

l would like to take this opportunity to Thank Zidisha and Lenders very much for given me another chance to apply my second loan.my first loan help my business a lot.
l buy all my Palm oil products from the wholesalers. l apply for this second loan from Zidisha Microfinance to visit a wholesale shop and buy the Palm oil in bigger quantities and also at a discount. This will enable me to increase my profits and income. l want to expand my business so l and my children can enjoy a better life. l will be able to repay the loan because l make profit in the business and l do believe that with this loan my income and profit will increase. l will buy two bulk of palm oil. one is cost about GHC700($212) and used GHC62 ($18) to buy bottles for my oil business.Thank you .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$436.00

Date disbursed

Feb 4, 2015

Repayment status

On Time

Projected term

6 months

Lenders

C

CWS

Huntington beach, ca, United States

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

BelleStarr

Albuquerque, United States

L

lmuenchen

Munich, Germany

DeanDropshot

Oslo, Norway

J

jozua

Delft, Netherlands

Zidisha

Sterling, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

P

proby24

Singapore, Singapore

beverly

Vancouver, Canada

T

tmsaddress

Orlando, Florida, United States

DLarson

Morris, United States

S

samuk

Nottingham, United Kingdom

Jouni

Finland

N

nanax005

SALEM, United States

ads68

Melbourne, Australia

U

UmSaeed

Southfield, United States

A

Aaron

Zurich, Switzerland

OlyRhys

Olympia, United States

J

jerryq

Redding, United States

T

Tui1974

nuenen, Netherlands

HMS_5th_Grade

Honolulu, United States

M

memorissima

milano, Italy

S

solarkismet

Logan, United States

A

amish

San Francisco, United States

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Stefano Bertolo

Luxembourg, Luxembourg

P

Pavane

Kungsbacka, Sweden

R

rosebo

Bend, United States

H

happytrailsjpd

South Bend, United States

E

elourenco

Porto, Portugal

A

akshu71

Ottawa, Canada

R

RohitSingh

Montreal, Canada

TomF925

www.AfricaLeap.com, United States

L

liseman

United States

Matching Fund

Sterling, United States

A

adiipienaar

South Africa

Paul Buchheit

Mountain View, United States

J

jenda

Czech Republic

L

Lender59

United States

K

Karpet

Faroe Islands

trincowski

Vilar, Vila do Conde, Portugal

mepster

San Francisco, Ca, United States

J

JonAlec

United States

E

Estebanito

United States

KM

Kirsty M

United Kingdom

Janet Merrill Miller

The Mossy Pacific Northwest, United States

Villa Maria Outliers

Montreal, Canada

Robert

Sweden

MW

Matt Willis

United States

PT

Pattie Thomas

United States

Humble Bundle Community

San Francisco, United States

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

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