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Faustina
Faustina is a 32 year old farmer married with 5 children; three of them are attending school. The children are all in elementary school. Her husband Asare is a mason. They all live in a village called Jato Zongo in the Brong Ahafo Region of Ghana.

She farms on her family land but lacks the financial resources to purchase farm inputs, tractor services and labor. Faustina has been farming maize and groundnut for the past 10 years and uses her profits to support her family. Although the husband is supportive, their income is not enough to support their children’s education.
A Kiva loan can help Faustina purchase quality farm inputs, tractor services and labor to farm her land and earn more money for her children’s education. It will also enable her to provide better housing accommodation for her family.

Additional Information

More information about this loan

African Connections Ghana Limited is a limited liability company that develops and implements environmentally friendly agriculture initiatives to increase yields and improve smallholder incomes, while also improving food security and nutrition levels.
 
With African Connections Ghana Limited, farmers form solidarity groups to mutually guarantee each others' loans. Though this farmer has been posted to Kiva as an individual, he is actually part of a solidarity group and may receive support in making payments from his fellow group members if needed.

About African Connections Ghana:

African Connections Ghana Limited is a limited liability company that with its affiliate company African Connections Growth Initiatives (ACGI), a not for profit, develops and implements environmentally friendly agriculture initiatives to increase yields and improve smallholder incomes, while also improving food security and nutrition levels.

African Connections trains smallholder farmers and helps them increase profitability by strengthening agricultural productivity, improving farm management skills, linking farmers to microfinance, increasing connections to market and helping develop supply chains.

Tags

About Ghana

  • $2,643
    Average annual income
  • 5
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 3.1
    Ghana Cedis (GHS) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,300 helped Faustina to pay for labor costs, tractor use and inputs.
0% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Jul 11, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
Possible