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A new approach to investing, thank you Global Index!

31 July 2014

A big thankyou from Alquity:

I want to share a story with you of one of the ppl who's life you've helped transform.

I wanted to share a short story with you about one of the people whose life you have helped transfom:

"My name is Mercy, and I am a loan beneficiary through Opportunity International in Ghana.

I have had to continuously keep building more classrooms and have now successfully completed two loan cycles

In 2007 I was working as a primary school teacher in Accra, Ghana when I found out that my husband was in a great deal of debt. The loan sharks were chasing us and we were forced to sell our family home. My husband left me, and I moved alone to a rural village in Eastern Ghana. With the small amount of money that I had managed to save from the sale of my home, I rented a plot of land to start a school.

In 2009 I took out my first loan of GHC 1,000 (£300) through Opportunity International which I used to buy concrete, wood and other building materials to construct the classrooms. To begin with, the school had 108 pupils enrolled but this number has now increased to 250 pupils! I have had to continuously keep building more classrooms and have now successfully completed two loan cycles. I have now managed to save enough money to buy a large plot of land of my own, on which I can build my school without the worry of the landlord repossessing my classrooms.

I hope to be the first school in the area with its own computer lab."

Together we really are making a difference. So a big thank you, to you, from all of us here at Alquity and further afield.

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