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Khadija Alhassan standing in the storeroom of her drinks shop. Through microfinance provider Advans Ghana she was able to obtain sequential loans for GHS 8,000 (GBP 1,380) and GHS 12,000 (GBP 2,070) which she used to purchase stock and expand her business. Before she had access to finance, her husband supported her business. She has had her shop for four years and now employs four staff. International Finance Corporation (IFC) supported initiatives to create a regulatory framework for leasing and establish credit bureaus and collateral registries have improved access to finance for Small and Medium Enterprises (SMEs).
Nyani Quarmyne / Panos Pictures /Felix Features 24 Jun 2014