A loan of $425 helped a member to buy a larger selection of cassava and plantains.

The Mercy Foundation funded a microloan to Hanna, an entrepreneur in Ghana.

Here is Obrah Group’s Story

 
 Hanna, a young mother of four from Accra, Ghana, has been running a business buying and selling cassava and plantains for several years. Her husband also has his own business as a trader, and together, their income helps to support their family. Hanna has enjoyed a steady income for a while, but recently she decided to expand her business.
To this end, Hanna approached ID Ghana and applied for a loan to help her achieve her goals. The money that she received from the loan helped her to buy a larger selection of cassava and plantains, which she is now using to expand her business and therefore increase her income. As the leader of the Obrah group, a group that she started with an equally hard-working friend called Mercy, she successfully completed paying her loan.

Microfinance Partners
Locally, her loan was administered by ID Ghana, a microfinance organization that supplies both social and economic assistance to the underserved urban communities in Ghana. Ghana has an average annual income of just $3,500, which makes it virtually impossible for many people to support themselves and fund the ideas that will help them get out of their cycle of poverty.
Kiva and ID Ghana helped the Mercy Foundation to fully fund the loan that the Obrah Group successfully applied for. These three organizations are helping to change the lives of thousands of people by giving them the tools that they need to dig themselves out of the poverty that surrounds them.

This is because Kiva and ID Ghana are dedicated to providing microfinance services to the people who need them the most, especially those who do not have any other avenue to gain the capital that they need to implement their projects.

Obrah Group’s loan of $425 was fully funded by the Mercy Foundation, and now the group has a chance to elevate their business and increase their income. If you would also like to transform someone’s life by funding a microloan, make sure you visit Kiva.org, and browse through the numerous loans that desperately need funding. By helping an underprivileged entrepreneur, you will not only be changing someone’s life, you will be transforming the lives of many.

Notes
1.    This article is based on https://www.kiva.org/lend/992977