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Grameen Foundation : Where we work : Sub-Saharan Africa : Ghana : Akosua Ghana

Akosua Ghana, Client of Sinapi Aba Trust

 Akosua Ghana, Client of Sinapi Aba Trust

Akosua_Ghana.jpg

“My husband is happy to see my business growing,” exclaims Akosua Ghana with a big grin and a hearty chuckle. Akosua has been a client of Sinapi Aba Trust (SAT) for nearly one year, and has seen her business grow dramatically since then.

“When I joined Sinapi Aba, my business was very small, then someone told me about SAT,” explains Akosua, who lives in the city of Kumasi, in central Ghana. Before joining SAT, she sold small pastries door to door, but since borrowing from SAT, Akosua was able to purchase a small kiosk in a residential area to sell smoked fish, tomatoes, eggplants, groundnuts, dried pepper and other staples. She has seen her family’s income increase dramatically since. The kiosk now does over 50 cedi (~$50) in sales per day, generating a daily profit of about 10 cedi.

The largest non-profit financial institution in Ghana, SAT provides over 50,000 women like Akosua with access to loans and savings services. SAT’s name is a play on the local word for mustard seed – “sinapi.” Founded as a faith-based organization, SAT lives the parable of the mustard seed, proving that great things can come from the tiniest actions. Just like Akosua’s business.



Grameen Foundation : Where we work : Sub-Saharan Africa : Ghana : Akosua Ghana

- Grameen Foundation - Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.

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