Funded

Total loan: $1,950
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Otinkorang Group

Ghana
Teshie, Accra, Ghana / General Store

A loan of $1,950 helped a member to buy items such as maize, beans, plantain, cassava, panties and brassieres, Coca-Cola, assorted drinks, fish, charcoal, provisions, shampoo and hair conditioners to sell to customers.


Otinkorang Group's story

These 8 ladies sell various goods and hair products. They need this loan to buy items like maize, beans, plantain, cassava, panties and brassieres, Coca-Cola, assorted drinks, fish, charcoal, provisions, shampoo and hair conditioners. They are between their first and third loan cycles with ID-Ghana and they have paid previous loans promptly. They are living in a small area called Otinkorang in Teshie township. They have formed this group to empower women in this area through trading. All of them sell the commodities listed above with the exception of Grace who is a hairdresser. All are married with children.

Mary is a beans and maize seller and has been in this business for 4 years at her residence. She distributes to customers over a period of days and collects her money immediately. She buy her items at wholesale price and supplies them at retail. She has ready customers who pay back right away. Her monthly profit is 150 GHS which she uses partially to support her home, reinvesting the rest.

They need a total amount of 3,800 GHS to be able to meet customer needs.

In this group: Grace , Naomi, Mary, Esther, Fuastina, Kuokor, Doris, Gladys
*not pictured



Loan details

Loan length:

7 months
Disbursed date: July 5, 2012

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: July 5, 2012