100%

funded

Total loan: $1,075

Juliana's Group

Teshie, Accra, Greater Accra Region, Ghana / Retail

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A loan helped To buy slippers and cooking utensils from the main market at wholesale prices and sell them to her customers.


Juliana's Group's story

These members form a group called Yesu mo. They are on their ninth loan cycle with ID Ghana. The group has five members. They sell cooking utensils, slippers, laddles, beads, head gears and frozen food. The featured borrower is Evelyn, who is 32 years old and single and has no child. This loan benefits the small group of micro-entrepreneurs where Evelyn is a member. She says that this is the ninth time she has joined ID Ghana. She joined through an invitation from a cousin who is a member of the institution. Currently, Evelyn has a business selling slippers and cooking utensils. She buys slippers and cooking utensils from the main market at wholesale prices and sells them to her customers. She says that the business started with a little capital she had and that it still will need financial support. That is why she has come to ID Ghana, so that she can grow the business. The group will need a total amount of GHS 4,100 to grow their businesses, and they will hold each other responsible for the repayment of the loan.