Happy Family Group


Status: Paying Back

$2,750.00   Loan Amount
33% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Happy Family Group
Group Members: Mary
Rebecca
Georgina
Mary
Hannah
Juliet
Kate
Location: Sefwi Wiawso, Ghana
Activity: Food Market

About the Loan

Loan Amount: $2,750.00
Loan Use: To buy bulk supply of plantains
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 20, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 26, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.5017 GHS = 1 USD



Mary is 25 years old and married. She is a plantain seller and sells at the community market where she lives. She obtains her stock of goods from the surrounding villages and retails them to her customers. She lives with her husband, who is usually able to help her buy her plantain stock, but recently there has been a fall in demand in his business and he has not been able to provide her with enough money to make her purchases. Due to inadequate capital, she is not able to pick enough plantains from her suppliers. She is therefore requesting a loan to buy plantain stock. With her two years of selling experience, she was chosen to be the group leader.


Mary is the leader of a trust bank group called ‘Happy Family.’ She is the one sitting in the middle of the group photograph. Most of the members of this group are petty traders, food vendors, and/or farmers. In this group, members guarantee for one another as social collateral to access the loan and support each other in repaying the loan.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


Subscribe

Lenders to this group

Sergio
Bernex,
Switzerland

Nancy
Austin, TX
United States

Sicco van Hoegee
Schiedam,
Netherlands

dona&ed
ENCINITAS, CA
United States

Teresa
Cincinnati, OH
United States

neddotcom
worldwide, OR
United States

THERESA & ALI
DOYLESTOWN, PA
United States

Michael
New York, NY
United States

angela
toronto, Ontario
Canada

Daniel
Zurich,
Switzerland

Prathiba
Witham, Essex
United Kingdom

Peter and Ruth Ann
bloomfield, CT
United States

Chia-Wen
NEW YORK, NY
United States

Nancy
Petoskey, MI
United States

Troy
Vancouver, British Columbia
Canada

Henrik
Albertslund, Denmark
Denmark

Ardina
Sherman Oaks, CA
United States

Yvette
Greenbelt, MD
United States

Bobbu
Washington, DC
United States

Kimberely
dothan, AL
United States

George & Linda
Evergreen, CO
United States

Gayle
Oakland, CA
United States

Carol
Friendswood, TX
United States

Rainbow Trail
Westminster, CO
United States

Minh
Presinge,
Switzerland

Mante
cambridge, MA
United States

Valeria
Washington, DC
United States

Sabina
Esbo,
Finland

Mary
Spokane, WA
United States

Warren
vashon island, WA
United States

Lou
Sanbornton, NH
United States

Audrie
chicago, IL
United States

Sharon
Vancouver, British Columbia
Canada

G Monkie
Marina Del Rey, CA
United States

Paul
Beamsville, Ontario
Canada

Jon Rosenberg & family
Montclair, NJ
United States

Karin & Daryl
Mooloolaba, Queensland
Australia

M.O.M.S.
San Diego, CA
United States

Susan & Mike
Houston, TX
United States

Damtien
Washington, DC
United States

Andre
Vancouver, British Columbia
Canada

Enej
Vancouver, British Columbia
Canada

Julie
Austin, TX
United States

Aily
Bastrop, TX
United States

Maria
Surrey, British Columbia
Canada

Eleanor
Park Orchards, Victoria
Australia

Jakob Hasse
Munich,
Germany

Michael
Belfast, Down
United Kingdom

Trav and Beck
Kensington, Victoria
Australia

Carina
R,
Sweden

Pam
La Mesa, CA
United States

glenda
sydney, New South Wales
Australia

Judith
Miami Beach, Florida
United States

Andrew
Knoxville, TN
United States

Claude
Paris,
France

Debra
Belmont, CA
United States

Tomas K
Lidingo,
Sweden

David
Ridgewood, NJ
United States

Arthur
Miami, FL
United States

Anonymous
CLARKSBURG, MD
United States

Anonymous
Cicero, IL
United States

N.
Clinton Township, MI
United States

Jane
Carlsbad, CA
United States

Katherine
Dallas, TX
United States

Floris
Tilburg,
Netherlands

Anonymous
Hamburg,
Germany

Ben

Mark
Manchester, CT
United States

Richard
Daytona Beach, FL
United States

michael
petaluma, CA
United States

Alison
Austin, TX
United States

Jim
Santa Monica, CA
United States

Timo R
Tampere,
Finland

Victor
San Jose, CA
United States

Anonymous
Mentor, OH
United States

Anonymous
Mamou, LA
United States

Janis
Mission Viejo, CA
United States

Anna
Boulder, CO
United States

J.Paul
L-3201 Bettembourg,
Luxembourg

Cher
Newmarket, Ontario
Canada

Maria
München,
Germany

Wade
New York, NY
United States

The Tarbets
Big Spring, TX
United States

Anonymous
Santa Rosa, CA
United States

Charles
Norman, OK
United States

Christina
Centerville, OH
United States

Don

Anonymous
san antonio, TX
United States

Ingrid
Ritterhude,
Germany

Marcia
Greenacres, FL
United States

Sarah
Medford, MA
United States

barbara
mahwah, NJ
United States

Joe
New York, NY
United States



Top Lending Teams for this group


Finland
Local Area
292 Members

Team Obama
Common Interest
3021 Members

Tassie Sue
Friends
5 Members

Journal entries for Happy Family Group


Loan has been disbursed
 
Entrepreneur: Happy Family Group
Location: Sefwi Wiawso, Ghana

Thank you for your loan. It has been disbursed to Happy Family Group, consisting of Mary, Rebecca, Georgina, Mary, Hannah, Juliet, Kate by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 9 months of this loan, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Sefwi Wiawso, Ghana
Jul 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Happy Family Group

  Expected Repayments Actual Repayments Comments
October 2009 $305.56 $305.56 Repayment Received
November 2009 $305.56 $305.56 Repayment Received
December 2009 $305.56 $305.56 Repayment Received
January 2010 $305.56 Available Jan 1  
February 2010 $305.56 Available Feb 1  
March 2010 $305.56 Available Mar 1  
April 2010 $305.56 Available Apr 1  
May 2010 $305.56 Available May 1  
June 2010 $305.52 Available Jun 1