Total loan: $1,300
Emmanuel 2 Group
Teshie, Accra, Greater Accra Region, Ghana / Food
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A loan helped to purchase 10 boxes of different soft drinks in the market at Accra.
Emmanuel 2 Group's story
The four women who make up the Emmanuel 2 group live in nuclear families in the Teshie neighborhood in Accra. They average 48 years of age and three children each. The women know one another through community ties, kinship, marriage and their revenue-generating businesses in the district. They each have small-scale businesses involving soft drinks, groceries, cutlery sets and books. With the goal of increasing their business capital, the group members decided to join the microfinance institution ID-Ghana and are now on their third loan cycle. Rebecca (standing second from the left in the photo) is a major vendor of soft drinks. She intends to use her loan to purchase 10 boxes of different soft drinks in the market at Accra. Her sales are made to a mixed customer base, paying with cash. She operates this business at her residence. With this loan, Rebecca hopes to make a good monthly profit that will be used to meet her child’s needs and also for increasing her capital. She would like to continue collaborating with ID-Ghana. She is single, 49 years old and lives with her daughter.