Grace trades in cosmetics. She buys cosmetics such as powder, assorted pomades, make-ups, etc. from Accra, a nearby city and sells in the market square in her community. She says she also treks to nearby markets to sell through door-to-door sales. She has been in this business for three years now and wants a loan to increase her working capital so that she can purchase cosmetics in bulk.
Grace believes the loan assistance would enable her to reach out to other market centers and, eventually, help improve her family finances. She is a member of a Trust Bank group called “Hwe Nyame” (translated: Look unto the Lord) Trust Group. Members in this group guarantee for one another as social collateral to access the loan and in handling repayment of the loan.
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