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Kpangmanga-Nyong Nayili Group
In this Group: Lasiche, Sumayatu, Sanatu, Ashetu , Shawana , Barikisu, Abu*, Sanatu*, Zenabu , Adisah , Zaharatu*, Yawa, Sanatu , Shara , Zenabu , Adiata, Sanatu, Sanatu , Zenabu, Zabaga, Zelia
* not pictured
Shawana is married and is 40 years old with five children. She is a member of a shea nut processing association from Nyong-Nayili in the Northern Region of Ghana. The group is called Kpangmanga-Nyong Nayili Women's Association. Shawana has been doing this business with her 21 colleagues in the group for the past 4 years.

A new loan of 8,400 cedis will help Shawana and her colleagues to buy and store 140 bags of shea nuts for processing into shea butter. There are available off-taker organizations and individuals who buy the shea butter Shawana processes. She hopes to expand this business for the first time since she started it and thereby increase her income. With increased income, she will be able to repay the loan and also help her children to have better education and food to eat.

Shawana is the person holding the shea nut roaster in the group picture.

Additional Information

More information about this loan

This loan is designed to help farmers and other workers finance a range of activities including cultivation, inputs, harvesting, processing and marketing of different agricultural produce. Shea nut pickers and processors in rural Ghana will use these loans to access funding to process premium quality nuts and butter for international buyers. The funding goes towards the purchase of equipment, labor, and working capital during the processing period. Grameen Ghana links the borrowers with international buyers in order to eliminate intermediaries and realize better value for their produce. By funding this loan, you are helping ensure the success and job stability of farmers including that of Shea nut pickers and processors.
 

About Grameen Ghana

Grameen Ghana is a microfinance institution that aims to alleviate poverty in Northern Ghana by empowering underserved communities through financial services and educational training. The organization provides clients with loans for agricultural workers, shea nut processors, and for solar lighting purchases. At the same time, it promotes holistic development for clients through credit and financial literacy courses, savings programs and more. Kiva lenders’ funds are enabling Grameen Ghana to grow and develop its high-demand agribusiness/shea loans and solar energy loans.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ghana

  • $2,643
    Average annual income
  • 8
    View loans »
    Ghana Loans Fundraising
  • $10,838,400
    Funds lent in using Kiva
  • 2.5
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Kpangmanga-Nyong Nayili Group's $3,325 loan helped a member to buy 140 bags of shea nuts for processing into premium shea butter.
82% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Mar 10, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014