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.
If I am granted this loan amount I will buy, two boxes of baby diapers costing $39, five crates of coca-cola costing $ 36, two crates of malt at $48. Three bags of sachel water costing $24. I want to hire a new store room so that I can open a new shop where I can employ someone else. I am going to benefit immensely because My children will no longer be sacked for not paying school fees.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$59.00
Date disbursed
Nov 29, 2016
Repayment status
On Time
Projected term
5 months
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