Although he has received no prior formal education, Kofi is an entrepreneur. He specializes as a blacksmith in Enyaadze (near Cape Coast). He has been involved in this enterprise for 10 years. Kofi is married and has three children. His wife works as a farmer. The proceeds from his business normally go towards helping his wife cover the family’s general expenses and paying their children’s school fees.
Kofi will use the loan to purchase increased amounts of tools and other materials, thus aiding him to improve his overall sales. With the new profits from his expanded business, Kofi plans to further diversify the type of products that he sells, hence adapting to changing customer preferences.