A 30-year-old entrepreneur from Ghana, Augustina Tufuor, founded Tropical Snacks to produce all-natural plantain chips. However, despite her success, she struggled to expand her business due to financial barriers. Traditional banks required her to deposit 20,000 Cedis as collateral and hire a professional evaluator before even considering her loan request. Additionally, she faced a steep interest rate of over 36%, making growth nearly impossible. Tufuor’s experience mirrors that of many women in sub-Saharan Africa, who face significant challenges accessing finance, land, and technology. The International Trade Centre (ITC), disclosed that…
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