Cudjo
Dormaa Ahenkro_ghana, Ghana
100% repaid
Name
Cudjo
Member since
September 2016
On-time repayments
42 installments • 74%
I did not have University education but unfortunately financial constraints it did not materialized. I had wanted to learn sewing but my interest was was driving off suddenly. I began selling petty items like chewing gum, toffees, hacks and many others. Latter, from the savings I made with one of the microfinances I was able to acquire a loan amount of 1500GHS toofdiapers,milk,sugar,soap,minerals like Coca-cola, Fanta,malt and others. My hometown celebrate the "KWAFIE" festival.this a period that invites people from different places emerge to celebrate the occasion. My mum left a small farmland and I have cleared it up to plant some food crops to support feeding in the house.
I sell general goods like sugar, baby diapers, toilet rolls, milk,milo and many others. Tuesday to buy and sell seek buy most of these items to their various communities. The business had a capital of arround Ghc12000. I make daily sales of about Ghc300 a day and aroundGhc600 on Tuesday's which is the market day.
I will buy ten bags of rice140, bag$14. I will need twelve bags of sugar$120. Each bag of sugar will $10. I will buy twenty bags of sachel water $25, seven boxes of bathing soap$78, baby diapers is what most nursing mothers. Ten boxes of baby diapers $76. I will need twenty boxes of mosquito coils$45.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$79.00
Date disbursed
Mar 31, 2017
Repayment status
On Time
Projected term
14 months
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