Her loan is administered locally through ID Ghana, a microfinance non-governmental organization that provides financial and social assistance to the underserved urban communities in Accra. The average annual income in Ghana is only $3,500, which makes it difficult for many people in Ghana to make enough money to survive, let alone fund projects that will help them to do so.
That is one reason why, with the help of Kiva and ID Ghana, Dr. Johnson fully funded the loan to the Yesu Tsui Krong Group. These organizations, together with Dr. Johnson and other who are philanthropic in the same way are changing lives.
This is due to the fact that these organizations all work towards providing microfinance services to those who have no access to capital for their businesses. To do this, the Kiva platform brings people together, while ID Ghana finds individuals who are most in need of help, so that people like Dr. Joe Johnson can provide them with loans.
The Yesu Tsui Krong group’s latest loan was fully funded by Dr. Johnson, giving Veronica the chance to realize her dream of buying clothes and using the profits to expand her business. If you would like to help transform a community in the same way, visit Kiva.org and browse through the numerous loans from around the world that are in need of funds. Make a change by giving a microloan.