A loan of $3,175 helped a member to buy assorted drinks like Coke, Pepsi and canned drinks to upgrade her inventory.

Bo Woho Mmoden Group's story

Margaret is 65 years old. She is divorced and a mother with three children. All of her children are now independent, but she occasionally takes care of her grandchildren when her children are on vacation. She operates a drinking spot where she sells all kinds of soft drinks such as canned malts, and canned and bottled drinks like Coke, Pepsi etc. She is an achiever and her focus is to save enough to provide for her business. She has been running the drinking spot for five years now, and she needs the loan to buy assorted drinks to upgrade her inventory. She would be grateful for your assistance.

Margaret is the leader of a trust bank group called 'Bo Woho Mmoden' which literary means 'strive in life'. She is the one standing second from the left in the group photograph. Most of the members of this group are petty traders and food sellers, respectively. In this group, members guarantee one another as social collateral to access the loan and provide peer pressure to repay the loan.

In this group: Margaret, Ama, Kwasi, Adinoa, Rebecca, Emelia, Akosua, Afia

Loan details

Lenders and lending teams

Loan details