Mobilizing internal finance within a forest and farm producer organization in Ghana
The Jwa Ngwaane Community Cooperative Credit Union was established by the Kassena Nankana Baobab Cooperative Union (KANBAOCU), a forest and farm producer organisation (FFPO) in Ghana’s Upper East Region. Formed in August 2020 and launched in December 2020, it began with 96 village savings and loans associations representing 2,920 members. The credit union was created to help members save securely, access low-interest loans and invest in farming, shea, baobab and other value chains after many had lost confidence in commercial banking. The member-owned model offers shares, savings accounts, fixed deposits, loans and agribusiness support. It is governed through a general assembly, board, loans, supervisory and education committees, supported by a manager and field officers. By 2022, it had grown to 363 accounts, 6,105 individual members, GH₵283,523 in savings and GH₵271,346 in loans, showing how FFPOs can mobilize internal finance for inclusive rural enterprise.