Cynthia is a married woman and has 2 dependent children. She describes herself to be honest, and she operates a retail business where she sells ready-made dresses, underwear and slippers. She has been involved in this business for 8 years. Her business is located at her residence.
She describes her biggest business challenge to be competition. She will use the 2,600 GHS loan to buy more stock of ready-made dresses, underwear and slippers. Her business goal is to be a wholesaler within 5 years. This is her ninth loan with ID Ghana and her previous loans have been repaid successfully.
About ID Ghana
ID 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.