Cashew farming is currently a lucrative business in Ghana West Africa, according to the conversation Cashew farming in Africa has increased by four fold over the last decade. Ghana is currently one of the number one producers in Africa. Bono East, Bono and the Ahafo regions has been the production areas. 98% of the cashew grown in Ghana are exported and demand is increasing globally by a rate of 7% each year.
Despite the big demand in this market, cashew farmers in these areas struggle. They don’t get the financial support they need from banks and after each season they run into financial issues.
Inprem stepped in and provided the micro loans these banks won’t give. These are no interest loans and this opportunity is creating jobs and empowering these farmers.
The Inprem team in Ghana is actively involved because they know the struggles of these people and the the ins and outs of the cashew industry so the support provided goes beyond monetary.