• Cathy  Lininger
  • Joe Jones

2 people are supporting Vida Nyarko

Vida Nyarko

City: Konongo Country: Ghana Loan Use: To buy bags of flour
Loan Term: 32 Date Posted: June 07, 2017 First Repayment: May 29, 2017
Opportunity International Client Vida Nyarko

Vida Nyarko and her husband do all they can to give their two daughters and two sons a better life in Konongo, Ghana. For the past 10 years, Vida has worked as a baker to provide for her family, making a wide variety of fresh breads to sell to retailers and food vendors in her community. Each week, she travels to Kumasi to purchase bags of flour, margarine and other ingredients at lower prices and returns home to bake her breads. Although she has acquired many customers throughout her decade in business, she struggled to generate enough income to support her family's expenses and her children's rising school fees. Vida longed to expand her baking business, but didn't have the capital she needed and didn't know where to turn for financial support.

Everything began to change when Vida joined Opportunity International. She received valuable financial training to optimize her business and a loan to purchase her ingredients in bulk. With larger supplies of flour and other ingredients, Vida has been able to greatly increase her bread production, giving her the means to sell to more customers and businesses and increase her profits. Now, she is confident that she will be able to continue to expand her baking operation so she can give her family a better quality of life and provide her children with a quality education.

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.