Binguri David Laar is a technical teacher in the upper eastern region of Bongo in Ghana. His meagre teacher’s salary was barely sufficient to support his wife and daughter and they were struggling to survive. Binguri’s wife owns and runs a small trading store, but without the necessary financial resources, the shop was unable to expand.
Hope arrived in the form of Bayport Savings and Loans. Binguri applied for and was granted a loan, and with the money, he bought a tract of land on which he eventually hopes to build a home. With a second loan, the Laar’s were able to expand the trading store, which brought in a valuable source of income.
“My wife is now the breadwinner of the family and we have hope for the future,” says Binguri.