African Connections Ghana Limited is a limited liability company that with its affiliate company African Connections Growth Initiatives (ACGI), a not for profit, develops and implements environmentally friendly agriculture initiatives to increase yields and improve smallholder incomes, while also improving food security and nutrition levels. 
African Connections trains smallholder farmers and helps them increase profitability by strengthening agricultural productivity, improving farm management skills, linking farmers to microfinance, increasing connections to market and helping develop supply chains.
In accordance with best agricultural practices, its team of experts provides hands-on training to farmers to identify and cultivate crops that have high market demand, such as maize. Farmers are trained to produce in commercial quantities and to produce to meet global standards and market specifications.
African Connections integrates these smallholders into supply chains by linking farmers to local, regional, national and international markets.
A unique lending approach:
African Connections Ghana Limited runs an input credit program targeting maize farmers that has been running since 2012.  Participating farmers form groups with 10-15 members, and agree to be liable for other members’ loans in the event of non-payment.
These loans cover the cost of seeds, fertilizers and equipment. In order to access a loan, a farmer must undergo agricultural practices training, and adopt the training on his/her farm.
African Connections plans to allow farmers to make up for maize shortfalls by paying back using other cash crops such as peanuts or rice (AC would not seek to collect crops intended for use for household consumption).

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 3, 2014 Oct 12, 2005
Total Loans $50,675 $779,080,675
Amount of raised Inactive loans $0 $229,650
Number of raised Inactive loans 0 137
Amount of Paying Back Loans $0 $133,721,700
Number of Paying Back Loans 0 157,893
Amount of Ended Loans $50,675 $645,129,325
Number of Ended Loans 33 798,532
Delinquency Rate 0.00% 8.81%
Amount in Arrears $0 $7,823,056
Outstanding Portfolio $0 $88,796,759
Number of Loans Delinquent 0 30,237
Default Rate 100.00% 1.27%
Amount of Ended Loans Defaulted $50,675 $8,169,177
Amount of Ended Loans $50,675 $645,129,325
Number of Ended Loans Defaulted 33 21,940
Currency Exchange Loss Rate 0.00% 0.37%
Amount of Currency Exchange Loss $0 $2,861,801
Refund Rate 0.00% 0.66%
Amount of Refunded Loans $0 $5,133,525
Number of Refunded Loans 0 5,569

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 36.36% 74.54%
Average Loan Size $1,126 $413
Average Individual Loan Size $1,093 $648
Average Group Loan Size $8,400 $1,841
Average number of borrowers per group 7 7.9
Average GDP per capita (PPP) in local country $3,500 $5,946
Average Loan Size / GDP per capita (PPP) 32.17% 6.95%
Average Time to Fund a Loan 14.45 days 6.73 days
Average Dollars Raised Per Day Per Loan $77.92 $61.46
  Average Loan Term 7 months 10.91 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 381,946
  Journaling Rate 0.00% 40.80%
  Average Number of Comments Per Journal 0.00 0.06
  Average Number of Recommendations Per Journal 0.00 1.45

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 26% APR 53.00% PY 29.09% PY
  Profitability (return on assets) 12% 0.3% -1.41%
  Average Loan Size (% of per capita income) N/A 13.00% 19.25%

Country Fast Facts

Field Partner Staff

Raymond Gunn
Ayesha Hakeem