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.
In accordance with best agricultural practices, its team of experts provides hands-on training to farmers to identify and cultivate crops that have high market demand, such as maize. Farmers are trained to produce in commercial quantities and to produce to meet global standards and market specifications.
African Connections integrates these smallholders into supply chains by linking farmers to local, regional, national and international markets.
A unique lending approach:
African Connections Ghana Limited runs an input credit program targeting maize farmers that has been running since 2012.  Participating farmers form groups with 10-15 members, and agree to be liable for other members’ loans in the event of non-payment.
These loans cover the cost of seeds, fertilizers and equipment. In order to access a loan, a farmer must undergo agricultural practices training, and adopt the training on his/her farm.
African Connections plans to allow farmers to make up for maize shortfalls by paying back using other cash crops such as peanuts or rice (AC would not seek to collect crops intended for use for household consumption).

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 3, 2014 Oct 12, 2005
Total Loans $50,675 $733,322,125
Amount of raised Inactive loans $0 $314,450
Number of raised Inactive loans 0 265
Amount of Paying Back Loans $50,675 $134,555,675
Number of Paying Back Loans 33 155,994
Amount of Ended Loans $0 $598,452,000
Number of Ended Loans 0 741,364
Delinquency Rate 100.00% 8.89%
Amount in Arrears $50,675 $7,849,028
Outstanding Portfolio $50,675 $88,314,773
Number of Loans Delinquent 33 30,294
Default Rate 0.00% 1.26%
Amount of Ended Loans Defaulted $0 $7,559,610
Amount of Ended Loans $0 $598,452,000
Number of Ended Loans Defaulted 0 20,826
Currency Exchange Loss Rate 0.00% 0.29%
Amount of Currency Exchange Loss $0 $2,153,504
Refund Rate 0.00% 0.67%
Amount of Refunded Loans $0 $4,933,875
Number of Refunded Loans 0 5,441

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 36.36% 74.48%
Average Loan Size $1,126 $416
Average Individual Loan Size $1,093 $651
Average Group Loan Size $8,400 $1,849
Average number of borrowers per group 7 8
Average GDP per capita (PPP) in local country $3,500 $5,942
Average Loan Size / GDP per capita (PPP) 32.17% 7.00%
Average Time to Fund a Loan 14.45 days 6.48 days
Average Dollars Raised Per Day Per Loan $77.92 $64.19
  Average Loan Term 7 months 10.8 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 362,000
  Journaling Rate 0.00% 41.51%
  Average Number of Comments Per Journal 0.00 0.06
  Average Number of Recommendations Per Journal 0.00 1.53

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 26% APR 53.00% PY 31.60% PY
  Profitability (return on assets) 12% 0.3% -0.75%
  Average Loan Size (% of per capita income) N/A 13.00% 19.33%

Country Fast Facts

Field Partner Staff

Raymond Gunn
Ayesha Hakeem