This will be Philomina's fifth loan from ID-Ghana, Teshie branch. She used the previous loans to buy fish to boost her business. She has a very presentable location where she sells her products and gets more customers. She is really doing fine. She is grateful for the loan. She has repaid all her previous loans successfully. She used the profit to pay school fees, expand her business, and cover household expenses. She will use this loan to buy more fish.
Philomina will share this loan amount of GHS 7300 with her loan group which has a total of eight members who will hold each other accountable for repaying back the loan.
They will use it to buy eggs, plastic items, cutlery sets, maize, and charcoal etc.
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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