A loan of $2,225 helped a member to buy stock.


Nkakrankakra Group's story

Salim is twenty-nine years old. He is single but cares for two younger siblings who are currently in primary school. He is a carpenter by profession. Salim is the leader of a trust bank group called ‘Nkakra-nkakra’ which literally means gradual by gradual. He is the young man standing in the group photograph. The members of this group are mostly traders, food vendors and or farmers. They work to help their spouses in providing for their families.

They buy their raw materials, wares or goods from other towns and sometimes from nearby communities and sell at the local market square. Some of them trek to other towns to sell on their market days as well. The members have been in business for some time and have amassed a great deal of experience in their businesses. It is in light of this that they are requesting a loan to procure more goods to expand their businesses.

The members of the group guarantee for one another as social collateral to access the loan. It is their desire to give their children a good education.

In this group: Salim, Aminatu, Latifatu, Brakisu, Isaac, Ayishetu
*not pictured


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Loan details