Abraham's business is on a very small scale because of inadequate working capital. He believes this loan will help him to avoid middlemen who sell to him at exorbitant prices. He wants to use the loan to buy bulk stocks of maize, plantains, beans, groundnuts, and yams to increase his inventory.
Price hikes are another challenge to his business emanating from the current food crisis. Abraham hopes to cut down on cost through bulk purchasing. He trusts this will enable him to save enough to support his child in school. He is a member of the trust group called "Nyame Mma" meaning God's Children Trust Group. In this group, members guarantee for one another and assist each other to repay the loan. His picture was taken after their group meeting.
20View loans »
Success!! The loan was 100% repaid