Lumana Credit is a Seattle-based microfinancing institution that empowers rural Africans through its social finance banking model. Specifically, Lumana provides small loans, savings accounts, and business education training to entrepreneurs who do not normally have access to such resources.
Lumana helps entrepreneurs from rural Ghana thrive and achieve sustainable self-sufficient lifestyles through its unique program that serves as a culmination of microfinance, social enterprise, and human development programs that aims to decrease poverty.
To date, Lumana Credit has provided an estimated $292,000 in loans in 13 villages and boasts a 91% rate of female borrowers. Founded in 2009, Lumana Credit was started by a group of young, skilled individuals interested in investing in the potential of rural Africa as a means to eradicating poverty.
Lumana Credit website
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Microfinancing Poverty Solutions
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