Margaret A. is a fifty two year old widow and mother of five children. She believes in hard work and dedication and that is the secret of her success. She owns and operates a local restaurant and sells local foods like fufu, banku, ampesi, and rice balls.
Fufu is prepared from pounded cassava and plantain and eaten with soup. Banku is prepared from milled maize grains and eaten with hot pepper or soup. Ampesi is a boiled plantain or yam and is eaten with any stew.
She wants to use this loan to buy more raw materials, like bags of maize, baskets of cassava, plantain, meat, fish, vegetables and firewood. She belongs to the community group called Nyame Boafo Trust Group. In this group, members guarantee for one another as social collateral and act as peer pressure to repay the loan.
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Success!! The loan was 100% repaid