Marie is a 40-year-old beef, milk powder and provision seller, married to Samuel, a 42-year-old mechanic. They have three children. The two eldest are twins, and all three are in school. Marie needs a loan of 700 Ghanaian cedis, to buy beef and frozen meat to resell to her customers. She will use the profit to help her husband to take good care of their children’s education. She has been in her business for the past three-and-one-half years and has finished repaying her prior loan of 700 Ghanaian cedis.
The group requests to borrow an amount totaling 1,700 Ghanaian cedis to expand their businesses.
About ID GhanaID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Accra. ID Ghana’s socially-oriented business model provides clients with a number of social services, including financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence.
This is a Group Loan
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Success!! The loan was 100% repaid