Tungteeya-Pishigu #2 Group
All the members are involved in the business of processing shea nuts into shea butter. They have been doing this business for the past three years. They process high premium shea butter, some of which is sold to aggregators and exported to the European and USA markets. Amatu sells the butter to many other customers in Ghana. The group is therefore requesting a loan of GHS 3,600 to help the group increase the processing from 30 bags of shea nuts to 55 bags of shea nuts yearly. Amatu hopes to increase her income to support her family and repay the loan.
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 GhanaGrameen 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
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