Monica, who is the featured borrower, is 44 years old, single, and the mother of two children (one girl and one boy). In addition to her business, she raises fowls.
With her loan, she is going to purchase some merchandise: GHS 2,000 of second hand clothing and 4 fowls at GHS 1,000. With the profits, she is going to start her housing project and to ensure her children are supported.
Her colleagues will also use their share of the loan to purchase merchandise like foodstuff, materials, bags and wigs. They will need a total amount of GHS 7,700 to stock 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
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
14View loans »