My egg business

Christina Nyame

Takoradi, Ghana

100% repaid

Entrepreneur

Name

Christina Nyame

Member since

February 2016

On-time repayments

79 installments  •  72%

About Me

I started school at bishop Essuah at Takoradi after which i pursue my secondary school at Bompeh secondary Technical School also at Takoradi after my secondary education things became tough, therefore furthering to tertiary became impossible. I therefore decided to do a little trade, by so doing i was able to gather something to help me enter Takoradi Polytechnic where i studied marketing. After my tertiary education i serve at Atebubu Government Hospital for one year as my nation services. Finding a job was not easy so two years of searching for job without finding any i decided to revisit what i was doing when i completed secondary school.

My Business

As a trained marketer i thought it wise to put into practice what i learnt at school, so i decided to enter into the food industry selling Eggs on wholesale to retailers. i choose food industry because of it consumable nature which therefore means repeated business. After some research i also realized that almost everybody in Ghana eat one egg a day, with a population of about 24 million then it means the egg business will not be bad to enter into. getting eggs in bulk from the Brong and Ahafo where most of the poultry farms are located is not an easy task and costly too getting a full container of eggs and transporting it all the way to the western region will cost about USD 12,850 per trip. I intend to reinvest profit i get into my business and also to use some to further my education.

Loan Proposal

I want to thank all my lenders for their tremendous contribution to the development of my business since i joined this community my business has seen a steady growth my target of 1000 crates of eggs per week is not yet met but i am close to that currently i am selling 650 crates per week left with 350 crates to hit my target that is why i am asking my zidisha lenders to lend me an amount of 1650 to help me hit that target now i can confidently say that my daughter's school fees is of no headache to me again since i joined zidisha my profit margin has increased which has enable me to pay my daughter school fees on time not only that but i am also able to buy her all the necessary educational materials needed for her education. I therefor believe that if i am able to push my weekly sale to 1000 crates upon attaining this loan it will go a long way to change my standard of leaving, all i can say is God bless you Zidiha.

Feedback

2

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  • Will    Oct 12, 2017

    Christina was able to make the majority of her payments on time and her volunteer mentor helped provide updates when she was unable to.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$425.15

Date disbursed

Sep 13, 2016

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $10.51

Lenders

Zidisha

Sterling, United States

dcorbetta

Carate Brianza, Italy

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

Laparo

Dusseldorf, Germany

PG

Paul Graham

United States

MS

Mike Sutherland

United Kingdom

H

Heather

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

CJ

Chris Jones

Seattle, United States

A

Anonymous

United States

EH

Elena H-S

United States

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