a winning formula

Company and development information

Company and development information

Generic country profile

If you would like to receive a detailed report on our Social and Development Impact or further information on our operations and funds, please contact us

Client success story

Ogopa Trading (Tanzania)

	Ewald Chuwa opened his shoe store in Shinyanga; about 1 000km from Dar es Salaam. Later, he moved to Dar es Salaam itself to establish three outlets, taking advantage of the city’s status as a business hub. As he grew accustomed to trading in the city he realised that his business could achieve far greater successes as a wholesaler. However he needed finance to make this vision a reality.

	GroFin recognised Ewald’s abilities as an entrepreneur and provided him with the working capital necessary to increase the stock of the business and allow him to grow the capacity of the business to the level that he desired.

	GroFin helped Ewald grow his business through assisting him in structuring his operations. We advised him to set up computer-based bookkeeping system and to employ a storekeeper/ accounting clerk to ensure the smooth running of the business. Through his partnership with us Ewald also improved the business’s banking culture and adherence to best practices.

	With GroFin’s unwavering support Ewald’s business has made the smooth transition from retailer to wholesaler. Since the partnership the business has seen the benefits in terms of sales, profits, as well as business growth.

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