Funded

Total loan: $1,200
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Akoma Adweo Group

Ghana
Kade, Ghana / Clothing Sales

A loan of $1,200 helped a member to purchase items like lingerie, underwear, material, etc.


Akoma Adweo Group's story

Theresa is married and has three kids and lives with her family in a small farming community in the eastern region of Ghana. She is 28 years old.

Theresa sells lingerie products like underwear, panties, brassieres, skirts, etc., and has been in business for three years now. She also trades in earrings and sells through hawking (selling on foot) in and around the community market.

Theresa is constrained by funds to run the business. She needs the loan to inject more working capital into the business to scale up her business progress as we approach Christmas festivities. She believes the loan will enable her to purchase good quality and a large quantity to upgrade her inventory. She says she would be grateful for that assistance.

Theresa is the leader of a trust bank group called “Akoma Adweo” which literally means a “sober heart”. She is the one seated in the middle in the group photograph. Most of the members of this group are petty traders, food vendors and farmers respectively. In this group, members guarantee for one another as social collateral to access the loan and provide peer pressure to repay the loan.

In this group: Theresa, Gifty, Grace
*not pictured


Loan details

Loan length:

8 months
Disbursed date: November 5, 2009
Facilitated by Field Partner: Sinapi Aba Trust (SAT)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 5, 2009
Facilitated by Field Partner: Sinapi Aba Trust (SAT)