Odimafo Nti Group

Veronica is forty-five years old and married with seven children, who are in school. She lives with her husband and children in a rented apartment in a town called Wiawso in the Western Region of Ghana. Wiawso is a commercial and farming town. Veronica is a food vendor. She is the leader of a trust bank group called ‘Odimafo nti’, meaning "because of the redeemer". The group members are engaged either in farming and/or trading activities. They sell/supply in their local market and nearby communities. They sometimes travel to nearby community markets. They want a loan to buy goods in bulk 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

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