God's Hand Group
To strengthen their financial capacity in order to better run their businesses, they joined ID-Ghana, a micro finance institution, with whom they are on their eighth loan. The previous two loans were repaid back properly. This group of women sells wigs, rice and groceries.
Beauty is the wig-selling young lady who will use her loan to buy GHS 3,000 worth of wigs to sell to her customers.
She will buy from the wholesalers in Accra. She makes her sales in a container close to her house.
She plans to make a very big profit from this loan cycle, which will be reinvested in the businesses and used to repay back the loan.
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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