A loan of $2,700 helped a member to buy stock.


Asikafo Group's story

Ama is thirty – five years old. She is married and has given birth to two children. She works very hard to support her husband to provide for the family. She lives with her husband and children in a rented apartment in Oda in the Eastern region of Ghana. Ama is a trader. She is the leader of a trust bank group called “Asikafo” which literally means wealthy people. Most of the members in this group are engaged in trading activities such food selling, services, clothes selling, provision store, etc. They normally sell in their community market and treks to sell in other communities as well. They procure their stocks from Accra and nearby towns. The experience some of these traders have amassed over the years has given them the urge to expand their business scope, hence the need for the loan to buy goods in bulk to realize this dream. The group leader, Ama, stands in the photograph.

In this group: Yaa, Rita, Augustina, Talata, Mavis, Alfred, Ama
*not pictured


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Loan details