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Happy Family Group
In this Group: Mary, Rebecca, Georgina, Mary, Hannah, Juliet, Kate
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.

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 Happy Family Group's $2,750 loan helped a member to buy bulk supply of plantains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2009
Listed
Jul 20, 2009
Currency Exchange Loss:
Possible
Ended:
May 18, 2010