Celebrate International Women’s Day by lending to women today.
100%
funded
Total loan: $25,000
Ab Ovo Confectionery Limited
Ab Ovo Confectionery Limited's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to increase the company's production capacity and provide employment opportunities to 20 individuals.
Ab Ovo Confectionery Limited's story
Problem:
Ghana is one of the largest exporter of cocoa in the world. However it still falls behind in manufacturing cocoa based products. The country is highly reliant on import of foreign chocolates. Plenty of employment opportunities are lost domestically due to high imports.
Solution:
Priscilla Brookman started Ab Ovo Confectionery Limited with the aim of becoming the best chocolatier in Sub-saharan Africa by delivering strong market performance. The company manufactures gourmet chocolates in Ghana. The employees are trained in chocolate making and packaging thus, helping them develop new skills and creating employment opportunities for them. The company sells its products under the brand name 'OVOS'.
Loan use and impact:
The loan will be used to purchase tempering machine (USD 15,000) and purchase raw materials (USD 10,000). This will help the company provide employment opportunities to additional 20 individuals to cater to the increase in its production capacity.