Funded

Total loan: $800
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Michael's Group

Ghana
Teshie, Accra, Ghana / Used Clothing

A loan of $800 helped a member to buy one bale of second-hand men's jeans.


Michael's Group's story

This group is made up of four members. One of them, Michael, is a 40-year-old married man and has one child. He has been selling clothing for eight consecutive years and has been a member of the institution for one year.

He started sales of second-hand clothing with a little money he had mobilized and now he needs to grow the business, therefore decided to request a loan to grow his business. He needs GHS 400 to buy one bale of men's jeans to sell to his customers.

Julian is 38 years old and she sells clothing; Princilla is 33 and sells 'kenkey' (corn paste); and Carmen is 53 and she sells flour and margarine. They need a total amount of GHS 1600 to expand their businesses.

In this group: Juliana, Michael, Princilla, Theodora
*not pictured



Loan details

Loan length:

7 months
Disbursed date: June 13, 2013

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 13, 2013