Marketing eggs for rural farmers

Amponsah

Berekum, Ghana

100% repaid

Entrepreneur

Name

Amponsah

Member since

April 2015

On-time repayments

125 installments  •  38%

About Me

I am Rebecca Amponsah, a 29 year old lady from Berekum in the Brong Ahafo region of Ghana. Coming from a family of Five siblings with our parents being peasant farmers, it has been difficult financing my education. It was by dint of hard work and assistance from family members and acquaintances that helped me in completing my teachers training college. I am currently teaching in a rural community(Abisaase) which is a few kilometers away from Berekum. I believe that I can do other businesses so as to augment my salary to help provide my kids with the best of education and help the needy ones in my community where some people can't boast of three-square meals a day.

My Business

I'm into retail sale of eggs in my community. Berekum can boast of several poultry farms. These farms are however located in outskirts and it's quite difficult for the majority of the food vendors having access to eggs. I therefore buy these eggs from the farmers and convey them to food vendors, shops and schools who might not have time to buy directly from the farmers. I make an average sale of 80 creates a week. I need a loan to expand my shop; which was secured through the assistance of previous loans I secured from zidisha. I have two workers(one permanent and one casual) who help with the sale and conveying of eggs from the farms to the shop and subsequently to my customers. I would want a loan to purchase a tricycle to convey the eggs from the farm to my customers since the roads to some of the farms are in deplorable states. The cost of the tricycle is about 900 dollars. I will use part of my salary to augment the loan given to me by zidisha.

Loan Proposal

Any loan raised would be used in buying eggs from the poultry farms. Poultry farmers used to give eggs to wholesalers and retailers on credit but take instant cash due to the rise in the cost of production.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Jun 13, 2015

Repayment status

On Time

Projected term

5 weeks

Lenders

Vanamo

Helsinki, Finland

MindMuse

Talking Rock, United States

Ellwood

Richelieu, France

joaoferraz

RINCHOA, Portugal

stanbogdanov

Sofia, Bulgaria

KrautFunding

Hamburg, Germany

Paul Buchheit

Mountain View, United States

J

Joggele

Austria, Austria

Paul

Crandon, United States

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Summary

Amount repaid

$98.00

Amount remaining

$0.00

Date repaid

Jul 19, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 21, 2015 $13.75 Jun 21, 2015 $13.75
Jun 28, 2015 $13.75 Jul 1, 2015 $13.75
Jul 5, 2015 $13.75 Jul 5, 2015 $13.75
Jul 12, 2015 $27.50 Jul 12, 2015 $27.50
Jul 19, 2015 $29.25 Jul 19, 2015 $29.25

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