Retail sale of eggs

Amponsah

Berekum, Ghana

100% repaid

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How it Works

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

The loan that would be given would be predominantly used in increasing my stock. There has been an increase in the cost of a create of egg and my suppliers no longer give eggs on credit. The loan will help me double my profit within a period of three months. Part of the loan will be used in hiring an extra labour to help the distribution of the eggs to my customers.