A loan of $3,150 helped a member to buy more electrical accessories to sell to customers.

Tafo Group's story

This is Tafo Group and they are made up of 11 members, all of whom are traders. They have been together as a group for three years and they meet every Wednesday to discuss their businesses. Six of the women are married with children, three are not married, and two are single parents. Their ages range between 23 and 65 years old. They sell electrical accessories, underwear, secondhand clothing, sewing accessories, fish, fruit, drinks, plastic products, and cosmetics.

Isaac is an electrical accessories salesman who is married to a trader and has two children. All the members of the family work in the sale of electrical accessories. This is his fourth loan cycle with ID Ghana and he needs 1,500 Ghana cedis to be able to buy more TV antennae, electrical wires, bulbs, and extension boards. He took 1,000 Ghana cedis in his third loan cycle and he finished payment on 18/07/2012. His monthly profit is 140 Ghana cedis, which he uses in part for family upkeep and in part for reinvestment. Isaac buys his goods from the electrical depot and supplies customers in Teshie and Tema.

Tafo Group needs a total loan of 6,100 Ghana cedis to be able to expand their businesses.

In this group: Isaac, Comfort, Theresa, Faustina, Lydia, Grace, Elizabeth, Harriet, Richlove, Abban, Doris

Loan details

Lenders and lending teams

Loan details