Joyce A. is 35 year old, married and has four children. All her children are in school. She lives with her husband in the house they were married in, at Koforidua, a suburb of Offinso, in the Ashanti region of Ghana. She is an achiever and a resourceful young woman. She loves selling goods, the business through which she makes her living.
Joyce has been trading in oranges, bananas, and food stuffs like plantain at the road side of Koforidua for eight years now. She treks to surrounding villages in the Central part of Ghana to purchase bulk supplies of oranges, bananas and plantains from the farmers and retails them to her customers. For lack of adequate working capital, she is not able to purchase enough supplies to make sufficient profit to support her family. She wants to use part of the profit to support her kid’s education.
With the loan, she would like to purchase bulk supplies of oranges, bananas and plantain to scale up her sales. She believes the loan would enable her to produce more income to support her business growth. Joyce belongs to a village bank called ‘Nyame Nti’ which means for Christ Sake. She hopes that a loan of GH¢1000 would make her business grow by restocking her inventory. This would enable her to save more and support her husband in taking care of the home.