I am a trader, farmer and a social worker, working with Compassion for Humanity Foundation, an NGO helping my community and younger youths to learn a trade for their future. Currently, I have four children.
I sell foodstuffs and agro-chemicals and sell them only on market days in my village. I believe the support will help me to improve my small business and also earn more income. I live in Koforidua and run my project in a village called Adawso in Akuapem –North district. It is a small village with a population of 1,600. Tuesdays and Fridays are market days in my village, and farming employs 95% of the people. On these market days, all the farmers come to buy and sell their farm products. Selling agro–chemicals and other foodstuff sells faster and the earnings or profit is good: that is why I chose to trade in such a business.
Besides, I have also started a school for my community as well. Compassionate Kids School is the name of the school, where children within my community can have a better education for their future. For more information, www.compassion4humanity.com is my web site.
My business provides my village market with foodstuffs and ago-chemicals for the farmers. The demand for such goods is high and, every market day, goods almost get finished. This makes it more profitable. There are some risks the business faces, including the lack of capital to buy more goods. Every month it costs about $300 for goods. Sales revenue per month is also $450 and the profit in a month is $100, after paying off other expenses like transport. With this profit, when given the loan, I can pay even before the repayment date.
Also, I will use the loan to improve the school I run as well, so that later I pay back as we make some income.
This loan will help equip younger children in skill training and also help finish a class room for children under our care.
We will buy tools,text books and other materials needed to complete our old class room.
Besides these, this will increase our Profit to 200Ghc a week ,also help many have a good education and a brighter life in future.
Changing community by providing education
I am a trader, farmer and a social worker, working with Compassion for Humanity Foundation, an NGO helping my community and younger youths to learn a trade for their future. Currently, I have four children.
I sell foodstuffs and agro-chemicals and sell them only on market days in my village. I believe the support will help me to improve my small business and also earn more income. I live in Koforidua and run my project in a village called Adawso in Akuapem –North district. It is a small village with a population of 1,600. Tuesdays and Fridays are market days in my village, and farming employs 95% of the people. On these market days, all the farmers come to buy and sell their farm products. Selling agro–chemicals and other foodstuff sells faster and the earnings or profit is good: that is why I chose to trade in such a business.
Besides, I have also started a school for my community as well. Compassionate Kids School is the name of the school, where children within my community can have a better education for their future. For more information, www.compassion4humanity.com is my web site.
My business provides my village market with foodstuffs and ago-chemicals for the farmers. The demand for such goods is high and, every market day, goods almost get finished. This makes it more profitable. There are some risks the business faces, including the lack of capital to buy more goods. Every month it costs about $300 for goods. Sales revenue per month is also $450 and the profit in a month is $100, after paying off other expenses like transport. With this profit, when given the loan, I can pay even before the repayment date.
Also, I will use the loan to improve the school I run as well, so that later I pay back as we make some income.
This loan will help equip younger children in skill training and also help finish a class room for children under our care.
We will buy tools,text books and other materials needed to complete our old class room.
Besides these, this will increase our Profit to 200Ghc a week ,also help many have a good education and a brighter life in future.