Agyenkwa 1 Group

Joyce is the leader of a trust bank group called Agyenkwa, which literally means Saviour. She is first from the left in the photo. The members of this group are mostly traders, food vendors and or farmers. They work to support their spouses in providing for their families. They buy their raw materials, wares or goods from other towns and nearby communities and sell them 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 some time and have amassed a great deal of experience in their businesses. It is in light of this that they are requesting for a loan to procure more goods to expand their businesses.





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