A loan of $1,875 helped a member to buy bulk supply of soft drinks.

Ebeyeyie Group's story

Michael is thirty-six years old and married with four children (all boys), all of whom are currently in school. He is a hard-working young man who provides for his family. Michael started his business six years ago, selling soft drinks of all kinds. Through his work he is well known by many who have purchased from his rented shop. Usually he gets his inventory from companies like Coca-Cola, Pepsi, and the like. He wants a loan to buy a larger assortment of soft drinks to upgrade his inventory.

Because of his commitment and availability Michael was chosen as the group leader of a trust bank group called ‘Ebeyeyie’ which literally means "it shall be well". He is the one in the middle in the group photograph. The other members of this group are petty traders, food vendors and/or farmers. In this group, members guarantee for one another as social collateral to access loans and thus experience peer pressure to repay the loan.

In this group: Michael, Mary, Doris, Comfort, Comfort

Loan details

Lenders and lending teams

Loan details