Check out some available loans that are similar to this one!
Adepa Wo Fie Group
In this Group: Felicia, Lydia, Isaac, Mary, Janet, Agnes, Linda, Comfort
Felicia is twenty-nine years old. She is married and has given birth to three children. She is a trader and runs a provision store. She has her store on the street in her community. She is the leader of a trust bank group called “Adepa wo fie” which literally means “One’s household has something good to boast about”. She is fair in complexion and fourth from the left in the group photograph.

Most of the members of this group are traders, food vendors and or farmers. 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. They are therefore asking for the loan to help them procure more goods to be able to expand their businesses. It is the hearts’ desire of the group members to give their children the best education they can afford.

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

  • $3,500
    Average annual income
  • 37
    View loans »
    Ghana Loans Fundraising
  • $11,603,250
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Adepa Wo Fie Group's $2,875 loan helped a member to buy stock for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2009
Listed
Jul 16, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 4, 2010