Fund 40 Women’s Micro-Credit Loans in Ghana

Summary

Self-Help has been battling hunger in Ghana since 1989. Our approach is paying dividends but pending micro-credit loans ($75 to $250) may go unfunded if money is not made available. project reportread updates from the field

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More Information About this Project

Project Needs and Beneficiaries

Nearly all of the women are illiterate, which requires frequent oral and visual training aids. While illiteracy remains a root cause of problems, increased income by the women is allowing their daughters out of this cycle of poverty and lack of education because the mothers want to end illiteracy with themselves. 40 loans (or more if the funding comes in) to women in rural Ghana will be funded.

Activities

All of the funds received by this project will go directly to the Women’s Micro-Credit Program in Ghana. In the village of Bomfa, Agnes needs a loan to replace the two goats she lost. Two women are waiting for funds to purchase a screw-press for the

Funding Information

Total Funding Received to Date: $8,467
Remaining Goal to be Funded: $533
Total Funding Goal: $9,000

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

Why this Project is Important

Potential Long Term Impact

Women play major roles as farmers (80%) and business people in rural Ghana. Less than 1% own land or have access to collateral for loans. This limits women’s social impact.

Project Message

The common remark we hear from women in the program is, “I can’t read or write, but because of the micro-credit loans my daughters won’t go through life this way.”
- Any Group Member, Beneficiary

Who is Running This Project

Contact

Merry Fredrick
Executive Director
805 W. Bremer
Waverly, IA 50677
United States
319-352-4040
Email:

Project Sponsor

Merry Fredrick

Organization

Self-Help International
703 Second Ave NW
Waverly, IA 50677
United States
319-352-4040
http://www.selfhelpinternational.org

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Where this Project is Located

Country

This project is located in GhanaGhana and can also be found under MicrofinanceMicrofinance.

For more information about Ghana, read the Human Development Report on Ghana or the Wikipedia entry for Ghana.

When this Project was Updated

Last Updated

This project was last updated on February 16, 2010.

Date Added to GlobalGiving

This project was added to the GlobalGiving project catalog on August 10, 2009

Latest Update from the Field

Recent News from Ghana

By Blake Conover - Marketing Director, February 16, 2010 04:10 PM

Woman using her new screw-pressMerry meets with loan recipientMerry presents certificates for timely loan payments!
Merry Fredrick, Self-Help's Executive Director, just returned from her bi-annual trip to Ghana. She tries to visit each women's group to encourage them and to check progress. Here is an excerpt from her recent report.

"I am extremely proud of Self-Help’s staff in Ghana. Their dedication, commitment to development and loyalty to Self-Help is exceptional. And, each staff member wants to achieve ways in which to improve the lives of their citizens.

My trip to Ghana in January reaffirmed this pride when Josephine Amo, District Director of Agriculture for the Ministry of Food and Agriculture asked to meet with the staff and me to discuss our programs in the district. She informed me that she has quietly observed our work in the field for years, and that she is extremely impressed with the ability of our staff to promote programs and to provide training to improve the lives of farm families. She is particularly impressed by Self-Help’s sustainable approach to development, and repeatedly hears positive feedback from her staff.

She told us that she is very concerned about the women in five villages 60 kilometers away. She feels confident that our organization can improve their lives through our micro-credit program. Josephine told us that while women work laboriously in the cocoa fields beside their husbands, they have no access to income because husbands own the land. She asked if we would consider this challenge. Typical of the staff, they immediately wanted to meet the women and learn more!

We later traveled with Josephine to visit two of the villages – Woropun and Adagya – where we will begin work in the spring. There is no electricity, a few bore holes for water, mud huts and very limited schooling. Following our meetings with chiefs, women and elders in each community, it was apparent that the needs are tremendous, and that Self-Help and its staff can make an enormous difference in the lives of these women.

A new, challenging project lies ahead, with the trust and blessing of the Ministry of Agriculture. I am confident that once again the Ghana staff will live up to the challenge to help people help themselves.

I also met with ten women’s micro-credit groups, learning about benefits gained from our loans. Juliana is one or our newest members who received a one-year loan 10 months earlier for a screw press for palm oil production. Her production capabilities far exceeded her expectations. She told me that she uses 50% less wood and water to cook the palm fruits. She travels one-fourth mile to collect water and scours nearby forests for fuel. She eagerly told me that she produces oil in four hours less time, and that her success from sales will allow her to reimburse her loan a month ahead of schedule.

The common thread of change during my interviews with 130 women was that loans allow them the opportunity to send their children to school longer. Increasing numbers are attending post-secondary school education. One woman, Sahara, especially tugged at my heart as she explained that she is a widow with young nine children. Until she began receiving Self-Help loans she was barely able to feed them. Now Sahara is able to feed, clothe and school them adequately.

We are making a difference, and I am proud of the Self-Help staff!"

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