Funded

Total loan: $850
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Isaac

Ghana
Koforidua, Ghana / Grocery Store

A loan of $850 helped to increase his store's inventory by purchasing additional foodstuffs (e.g., assorted drinks, sugar, bottled mineral water, and biscuits).


Isaac's story

Isaac N. is a 40-year-old married man with three children, all of whom are in school. He owns and operates a grocery shop in his neighborhood, where he sells items such as sugar, vegetable oil, bottled water, pastries, powdered milk, and biscuits.

He is now seeking a loan so that he can increase his store's inventory by purchasing more crates of assorted drinks, bags of sugar, cartons of vegetable oil, and boxes of biscuits. In turn, he hopes to increase his savings to support his children while they are in school.

Isaac belongs to the Trust group known as the God is Good Trust Group. In this group, members guarantee each other's loans as social collateral (i.e., if one member does not promptly repay his or her portion of the loan, then the other members are responsible for curing the arrears), and they provide support for one another to repay their respective loans.


Loan details

Loan length:

9 months
Disbursed date: October 22, 2008
Facilitated by Field Partner: Sinapi Aba Trust (SAT)

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: October 22, 2008
Facilitated by Field Partner: Sinapi Aba Trust (SAT)