The membership of the Union has cars that shuttle between Mankessim and Swedru, as well as Winneba and Accra. The union has been in operation since June 2007 and presently owns and operates two mini buses. Even though the Union realises revenue from sales from the minibuses, booking fees, monthly dues and others, it has realised the need to acquire an additional mini bus to expand its revenue.
Objective of the opportunity:
The Union is convinced that an additional minibus would increase its revenue and therefore open economic opportunities for its members, particularly those without any employment.
Financial of the opportunity:
The Union expects to increase its monthly revenue from €1,174.00 to €2,482.00 when granted the loan.
For detailed sales projections, please refer to attached EXCEL file “financials”
People, Profit and Planet:
The Union would improve the standard of living of its members when granted the loan. It would realise increased revenue which would open economic avenues for the members. The members are also educated on the HIV/AIDS menace that encourages them to lead a healthy lifestyle.