Akpene is a savvy businesswoman who has been running both a profitable cold store selling frozen fish, chicken and beef, and a hairdressing salon. Both of these businesses are located close to her house in the centre of Ho Township, and the demand for her goods and services in her neighbourhood has been growing.
Community
Akpene resides in Ho Township, the capital of the Volta Region. The population is of about 70,000, and trading activities are the most common for women, alongside farming and a small portion of government sector and service sector positions. Ho is a thriving market town where individuals come from surrounding villages up to 50km away to trade and access goods are better prices. Ho Market day falls every 4 days.
Businesses Proposed
Akpene cannot keep up with the demand, especially for frozen goods. She currenlty buys 6 cartons of frozen goods every two weeks, and wishes to increase her capacity to 24 cartons. By doing this she will not only reduce her overheads and benefit from lower prices through buying in bulk, she will also be able to meet the growing demand of her custmers. Her customers include local restaurants (chop bars), and individuals.
Lorlornyo Group in Numbers
Previous Loan Amount Accessed: N/A
Current Loan Amount Applied for: 1000GH¢ (1st Cycle)
