Funded

Total loan: $2,000
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Som Nyame Yie Group

Ghana
Sefwi Wiawso, Ghana / Grocery Store

A loan of $2,000 helped a member to buy more bags of rice, bags of sugar, cartons of vegetable oil, boxes of body and hair creams, etc.


Som Nyame Yie Group's story

Cecilia is 42 years old. She is married and the mother of six children. Currently, all her children are in school. She has five boys and one girl and she is able to cater for them through the support of her husband who is a gold miner.

Cecilia owns and operates a grocery shop and sells items like rice, sugar, vegetable oil, bottled water, body and hair creams, skimmed powdered milk, etc. in the area where she lives. She deems it a big opportunity to expand her business to include other items frequently demanded by customers.

With her 22 years' experience, she wants to use the loan to buy more bags of rice, bags of sugar, cartons of vegetable oil, boxes of body and hair creams, etc. to increase her inventory. She hopes to improve sales to enable her to save more for the children's education.

She is the leader of a trust bank group called ‘Som Nyame Yie’ which literary means ‘serve God well’. She is the one sitting in front in the group photograph. Most of the 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 the loan and peer pressure to repay the loan.

In this group: Cecilia, Felicia, Janet, Rita, Hannah, Yaa
*not pictured


Loan details

Loan length:

11 months
Disbursed date: July 16, 2009
Facilitated by Field Partner: Sinapi Aba Trust (SAT)

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: July 16, 2009
Facilitated by Field Partner: Sinapi Aba Trust (SAT)