Bo Bra Pa Group

Bernice is forty-six years old. She is married and has given birth to five children. Bernice is a trader. She trades in cereals – rice.

Bernice is the leader of a trust bank group called “Bo bra pa”, meaning “Live a moral life”. Bernice is seated first on the left. The group members are hard working. Most of them are traders, food vendors and or farmers. They buy their raw materials, wares or goods from Kumasi and sometimes from nearby communities and sell at the local market square. Some of them trek to other towns to sell on their market days as well.

The members have been in business for a number of years and have amassed a great deal of experiences in their businesses. However, their dream of expanding their businesses has not yet been realized. They are therefore requesting the loan to procure more goods to expand their businesses. The members of the group guarantee for one another as social collateral to access the loan. It is their desire to give their children a good education.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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