A loan of $1,975 helped a member to purchase groceries in bulk.

Golden Temple Borrower Group's story

Petty trading like the sale of groceries is widespread in Ghana because the business is easy to start up. It usually begins with table-top selling and then grows to become a kiosk and eventually becomes a supermarket.

Mary is one of such entrepreneurs who have been selling groceries like biscuits, bottled water, candies, canned foods, rice, cooking oil, toiletries, etc. for the past ten years. She currently sells out of a rented shop in her community market, hoping that, one day, she will be able to grow her business into a supermarket. She is excited to be taking out the loan which she plans to invest into purchasing groceries in bulk to serve her customers. She anticipates increasing her profit level and also expanding her market. She also sells used clothes to generate additional income.

Mary is a 49-year-old widow and she currently lives with one of her grandchildren who is 8 years old. She describes herself as a hard-working group leader of 'Golden Temple' Borrower Group, made up of seven members. She says her group members are cooperative and as the leader she ensures regular meeting attendance and repayment of loan installments.

In this group: Mary, Erica, Abigail, Diana*, Vida, Margaret, Victoria
*not pictured

Loan details

Lenders and lending teams

Loan details