Support Women Entrepreneurial Empowerment in Ghana

by Sun Shade Foundation-FNGO
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Support Women Entrepreneurial Empowerment in Ghana
Support Women Entrepreneurial Empowerment in Ghana
Support Women Entrepreneurial Empowerment in Ghana

Project Report | Nov 20, 2013
Impact Assessment Report - Sun Shade Foundation

By Isaac Akohene-Asiedu | Executive Director

Assessment Leader-Samuel with Client -Beatrice
Assessment Leader-Samuel with Client -Beatrice

Due to your support, the result from our 2012 impact assessments survey revealed some encouraging outcomes. It is one of our main goals to improve the lives of our clients in a measurable way. For this purpose we conduct regular scientific surveys. This allows us measure our impact over time and is also tremendously helpful in improving our offering. The survey is based on the tools developed by the «Assessing the Impact of Microenterprise Services (AIMS)» project team and the «Small Enterprise Education and Promotion (SEEP)» Network (AIMS-SEEP tools). The initial survey already delivered promising results:

  • 100% of the clients of Sun Shade Foundation used at least a greater part of the loan to invest in their businesses,
  • 91.7% of the clients expanded their businesses as a result of the resources provided by Sun Shade Foundation,
  • 27.8% of the clients were able to sell products in new markets as a result of business expansion,
  • 16.7% of clients hired more workers to help them conduct their business due to business expansion,
  • 71% of  clients increased their savings,
  • 94% of our clients had no repayment problems
  • The repayment rate of Sun Shade Foundation is at 100%
  • Majority mentioned that the repayment model, respectful staff behavior, training and motivational seminars are what they liked most about Sun Shade Foundation,
  • What they liked least was the seemingly slow disbursement speed.

In addition to this statistical/quantitative method, we validate our work also with qualitative, anecdotal evidence.

The Sun Shade Foundation has demonstrated an enormous capacity to largely screen and select the economically active poor. These poor women have shown their readiness to work, pay back their loans and add to the productivity of the country - Ghana. They have also demonstrated that they can make a decent living for themselves and family if given the basic finance with flexible payment schedules, devoid of material/ and or monetary collaterals.

We also believe that we can better understand, represent, and address the rights, needs, and aspirations of the very poor people in our communities with your support. We can better encourage and enable the real participation of people living in real poverty, be more sustainable, and have greater impact.

Partnering with you on this project continues to enhance the achievement of a greater impact. With your continuous collaboration, we would be able to tackle and eradicate the root causes of school drop-outs, street children, arm robbery, drug peddling, among others.

Samuel and Daniel - Impact Assessment Lead Team
Samuel and Daniel - Impact Assessment Lead Team

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Organization Information

Sun Shade Foundation-FNGO

Location: Kumasi - Ghana
Website:
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Sun Shade Foundation-FNGO
Andrews Nyantakyi
Project Leader:
Andrews Nyantakyi
Farmington - Minesota , United States

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