Total loan: $700
Oda, Eastern Region, Ghana / Manufacturing
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A loan helped To purchase raw materials for making soap.
Eric M. is thirty-three years old and married with two children. He lives with his wife and the children. Currently one child is in school and the other is still breastfeeding. Eric is a local manufacturer of soap. He combines materials like palm oil, soda powder, cocoa pods and coconut oil to make his soap. He is not able to produce in large quantities for lack of funds. He wants to take advantage of the loan facility to buy more raw materials and processing equipment to scale up production. He hopes to raise his income to support his children's education. He belongs to the village bank called Nkwagyedom, which means 'savior of the many'.