Vincentia is 52 years old and has two adult children, who are working on their own. She is excited to be taking her sixth loan from ID-Ghana. She plans to use her share of this loan to invest in her business. She sells Tilapia fish. She runs this business in front of her house, close to the roadside. She says that her most difficult business challenge is her inability to buy enough fish for her customers. Vicentia, together with Elizabeth, needs to borrow a total amount of GHS 1,900. Vicentia will use her share to buy enough fish to sell to her customers. She will use her profits to save and to reinvest in her business.
She enjoys watching television, and she dreams of having her own house in the near future, so that she can stop paying rent.
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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