A loan of $1,250 helped a member to purchase more appliances to sell to customers.

Richard's Group's story

Despite the difficulties in maintaining revenue-generating businesses, these members are very courageous and fairly robust in their determination. They number three, and they sell home appliances, foodstuffs, and clothing.

Richard is the male in this group and the featured borrower. He is 35 years old and married, the father of two children (a girl and a boy).

His business involves the sale of home electrical appliances, which he sells to customers in Dansoman. He purchases them from the wholesaler and sells at retail.

With this loan amount of GHS 1,500, he intends to purchase more appliances to sell to customers.

The profits will be used to manage his family's day to day expenses, and some of it will go into his savings account.

Together, the group needs a total amount of GHS 2,700 to expand their businesses.

In this group: Richard , Vida , Veronica

Loan details

Lenders and lending teams

Loan details