Total loan: $425


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Obuasi, Ashanti, Ghana / Food

Alice's loan finished fundraising,
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A loan helped To buy palm nuts and an electric milling machine for making palm oil.

Alice's story

Alice E. is 34 years old. She is married and the mother of three children, two of whom are currently in school. She has been manufacturing of palm oil for four years now. Palm oil is produced from palm nut fruits. She produces the oil and supplies it to food vendors who use it to prepare their wares. She plans to use the loan to buy more bags of palm nuts, containers to store the oil, and an electric milling machine to allow her to produce in larger quantities. She believes this will expand her business and raise more income to support her husband, to provide food for her family and finance her children’s education. She belongs to the community group called Kingdom Trust Group; her picture was taking during their group meeting. In this group, members guarantee one another as social collateral and help one another to repay the loan.