Lumana Village Ventures

Address:

Ghana


Description

Lumana works in rural Ghana to find innovative solutions for overcoming the inherent difficulties of sustainably running a microfinance program. They have used a multi-pronged approach to create a solid foundation for community economic development. Lumana uses business education, savings, loans, and investments to develop a well-rounded program resulting in long-lasting business ventures and economic prosperity throughout Ghana. By leveraging technology and partnerships with local leaders, Lumana developed efficient processes and procedures which make the model scalable and sustainable. So far, Lumana has given almost $300,000 in loans, invested over $30,000 in local businesses, and has reached over a dozen villages throughout Ghana.

Mission Statement: Lumana works to empower community members at several levels of poverty to create better economies for all. They believe that everyone is connected and a holistic approach to fighting poverty is necessary to create real change.

Program Partners:

Our Connection

Seed Grant. The Skees Family Foundation decided to fund Lumana Village Ventures in 2014. We believe their mission of economic prosperity is closely intertwined with our goal of global poverty alleviation through empowerment and we admire their holistic approach to development.