A loan of $4,375 helped a member to buy more raw materials like bags of maize, millet, sugar, milk etc.

Upper Traders Group's story

Vida is 46 years old she is married and given birth to six children. Currently they are all in school. She sells porridge at her neighborhood. Porridge is one of the local foods enjoyed popularly as breakfast by almost all Ghanaians. It is prepared from milled maize or millet grains, boiled and taken with sugar, milk and bread or taking with what we called Kose. Kose is prepared from milled beans and it is fried with cooking oil so in just about 20minutes it is ready to be served with the porridge. With large customer base, she wants to use the loan to buy more raw materials like bags of millet, beans, sugar and milk to increase production. She hopes to raise good income to support her kids in school.

She is the leader of a trust bank group called ‘Upper Traders’ which. She is the one sitting in the group photograph. Most of the members of this group are petty traders, food vendors and farmers etc. 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: Vida, Yaa, Rosina, Phylis, Sarah, Victoria, Elizabeth, Vida, Gabriel, Mary, Alice

Loan details

Lenders and lending teams

Loan details