Week 11: Funding

The Asamama Farmers

This week, we’ve finally gotten everything in order to fund our Asamama class. We’ve had some challenges due to our inability to connect to the internet. We’ve had to be patient until the internet was working well enough to access the database, but once all of the accounting was verified for Ghana WSV cash flows, we were given the go ahead to fund our 27 students. Up until the point in the semester, we had only funded second-time loans. There’s a different sense of accomplishment with the first time loan recipients. The process of teaching the classes were longer in duration. Also, the amount of time invested in due diligence, interviewing, grading homework, selecting the best students, and writing business plans was quite extensive. We couldn’t have asked for a better last Friday in Abomosu than we got with funding the 27 top students from our class of 60 finishers.