Check out some available loans that are similar to this one!
God's Way Group
In this Group: Elizabeth, Faustina, Isaac, Victoria, Ama, Sulemana, Peter, Ali
Elizabeth is fifty-six years old. She is married and has given birth to a son. She is a trader and sells provisions on a table in her house.

Elizabeth is the leader of a trust bank group called “God’s Way”. She is seated first on the right. The members of this group are mostly traders, food vendors and or farmers and they work to support their spouses to provide for their families. They buy their raw materials, wares or goods from other towns and sometimes from nearby communities and sell at the local market square. Some of them trek to other towns to sell on their market days as well. The members have been in business for sometime and have amassed a great deal of experience in their businesses. It is in light of this that they are requesting a loan to procure more goods to expand their businesses.

The members of the group guarantee for one another as social collateral to access the loan. It is their desire to give their children a good education.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ghana

  • $2,643
    Average annual income
  • 8
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of God's Way Group's $2,950 loan helped a member to buy more provisions to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2009
Listed
Jul 15, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 4, 2010