Cynthia (the one standing third from right in the photograph) is the star borrower of the group. She is married and the mother of two: one boy and one girl. She has a wooden stand where she sells vegetables (garden eggs, onions, tomatoes, peppers) to customers to use at home or in their businesses (food joints and chop bars). She buys her produce at the wholesale market in order to sell it as retail.
With her new loan amount of GHS 600 she will buy one box of tomatoes, one mini bag of garden eggs and one mini bag of onions to sell to customers. Her earnings will allow her to bolster her savings and help her husband with the school costs for their children.
Together, she and her colleagues need a total amount of GHS 3,600 to increase their stock.
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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