Total loan: $650
Teshie, Accra, Greater Accra Region, Ghana / Food
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Noyaa Group's loan finished fundraising,
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A loan helped To buy three cartons of fish from fishermen, and smoke and sell them to customers.
Noyaa Group's story
The two members are part of the group called Noyaa. They are married women and they are, on average, 40 years old with three children each. Both of them live in traditional families in Teshie-Accra, a working-class neighborhood of the city. In order to meet the needs of their customers, they are taking their eighth loan with the micro-finance institution ID-Ghana. Their previous loans have all been duly repaid. They are now requesting an amount of GHS 1900 to sell fish and foodstuff. Teley, a member of the group, sells smoked fish. In the photo, she is standing on the right. She is planning to use her loan to buy three cartons of fish from fishermen, smoke them, and sell them to customers. Thanks to the quality of the fish that she resells on a retail basis, she receives a high demand from her customers. She sells to both men and women and is paid in cash. She is expecting to make a good monthly profit, part of which will be used to repay her loan and the interest, and the rest will go into savings.