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
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$436.00
Date disbursed
Feb 4, 2015
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
North Carolina, United States
Orlando, Florida, United States
milano, Italy
Logan, United States
Fontvielle, Monaco, Yemen
South Bend, United States
Montreal, Canada
South Africa
United States
United States
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.
Loading...