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Tungteeya-Pishigu #2 Group
In this Group: Adamu , Fuseina , Ashetu , Fajima , Zara , Amatu , Azuma , Suweiba , Salamatu , Samata , Abiba , Abiba
Amatu is a 34-year-old married woman living with her husband and four children in Pishugu #2, a community in Northern Ghana. Amatu is the person sitting and holding the shea nuts roster in the group picture. Their group is called Tungteeya-Pishigu #2 Women Association.

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.

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
  • $10,839,425
    Funds lent in using Kiva
  • 2.6
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Tungteeya-Pishigu #2 Group's $1,375 loan helped a member to help the group increase the processing from 30 bags of shea nuts to 55 bags of shea nuts yearly.
85% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 15, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015