Description

Inspired by true events, One Hen tells the story of Kojo, a boy from Ghana who turns a small loan into a thriving farm and a livelihood for many.

After his father died, Kojo had to quit school to help his mother collect firewood to sell at the market. When his mother receives a loan from some village families, she gives a little money to her son. With this tiny loan, Kojo buys a hen.

Kojo’s story is inspired by the life of Kwabena Darko, who as a boy started a tiny poultry farm just like Kojo’s, which later grew to be the largest in Ghana, and one of the largest in west Africa. Kwabena also started a trust that gives out small loans to people who cannot get a loan from a bank.

One Hen shows what happens when a little help makes a big difference. The final pages of One Hen explain the microloan system and include a list of relevant organizations for children to explore.

Kojo, our main character, had a clever idea. He used his creativity to solve problems and make things better. By doing this, he was able to grow his small business and help his community.
The concept of ubuntu, which emphasizes interconnectedness and community support, is woven throughout the narrative. Kojo’s success doesn’t just benefit him; it positively impacts others in his village as well.
In summary, “One Hen” beautifully illustrates how a single small loan can create a ripple effect, transforming lives and fostering economic empowerment. It’s a heartwarming tale that shows how being smart in business and helping others can make the world a better place. 🌟🐔🌍

How does the loan which Kojo took works.
It is like a special savings club where friends, family, or neighbors come together. Here’s how it works:
Imagine you and your friends decide to create a common fund.
Every time you meet, one person gets to take out all the money from the piggy bank.
The fund helps people who might not have a regular bank. Maybe someone needs money for school supplies, a new toy, or even to start a small business. The common fund helps them by giving a lump sum of money.
Everyone takes turns, and it’s important to be responsible. If you promise to put money in, you must keep your word. That way, everyone benefits! 🌟💰😊

So, this fund is like a friendly money-sharing group where everyone helps each other. 🌟💰🤝

For more details: Rotating Savings and Credit Association (ROSCA): Definition (investopedia.com)