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2 people are supporting Hannah Hammond

Hannah Hammond

City: Adetem Country: Ghana Loan Use: To purchase Fabrics for sale
Loan Term: 32 Date Posted:  First Repayment: February 10, 2020
Opportunity International Client Hannah Hammond

Hannah Hammond lives together with her husband and three children in the Western Region of Ghana. Her husband makes a living as a commercial driver and her children all attend school. For the last five years, Hannah has owned and operated a trading business, selling fabrics to members of her community. She procures her goods from Accra, the capital city of Ghana, and sells them in her community on a wooden structure along the street. Her fabrics are illustrious and high quality and admired by many. Though business was picking up, her lack of capital did not allow her to hold a large stock of fabrics, limiting the profits she could be making in a day. Hannah was frustrated, as she knew that, with financial support, her business could be thriving. In her community center, Hannah heard Opportunity International advertising its services and she knew she had found the lasting solution to improve her business. She joined Opportunity and upon receiving her loan, invested in purchasing more goods to increase her stock of fabrics. This move increased her returns as her sales per day drastically increased. Now, she has opened a savings account to accumulate capital for her business and to assist her husband in supporting their family. Hannah dreams of buying a storefront for her business to stock with fabrics and clothing and hopes to expand her business so that she might create and offer jobs for the unemployed in her community.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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