Loan to buy cassava and plantain for resale

Mary Oppong

Chorkor, Ghana

100% repaid

Entrepreneur

Name

Mary Oppong

Location

Chorkor, Ghana

On-time repayments

2 weekly installments  •  50%

About Me

Opong Mary is my name from Ghana in the west Africa, I am married with kids and a christian by faith. My parents are farmers so they were using my siblings and I for their farming so I couldn't further my education after JHS and it hindered my dream of becoming a midwife. After I got married my husband gave me some money to start my own business.

My Business

I sell plantain and cassava at the market and it helps me get extra income in support of my husband to cater for our family. It also help people in my community get cassava and plaintain to buy since they like to eat "Fufu" frequently.

Loan Proposal

I will buy cassava and plantain for resale with the loan and it will help me get some money in supporting my family and also help buyers get cassava and plantain for their daily meals anytime they want.

Income Source

Since Fufu is the traditional dish in my community, they buy cassava and plantain day in day out so it is not easy for me to run at loss but in case of any emergency I will repay with income from my other business.

Feedback

None

None

None

Lenders

Paul Buchheit

Mountain View,  United States

Loan Info

Disbursed amount

$56.44

Date disbursed

Apr 29, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: 5% of $56.44 = $2.83

Credit risk payment: $7.24

Optional expediting fee: $8.48

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  • Mary Oppong    May 12, 2021

    i will use this loan to buy cassava and plantain for resale and it will help me to increase my sales and make more profit. thanks for your help.

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  • Mary Oppong    Apr 29, 2021

    I will buy cassava and plantain for resale with the loan to help increase my stock and profit. Thank you Mr. Paul Buchheit for funding my loan.

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