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Clap For Jesus Group
In this Group: Michael, Kwabena, Saqibu, Rabiatu, Rebecca, Gladys
Michael is 36 years old. He is married and the father of two children. Both of his children are in school. He owns and operates a grocery shop and sells items like sugar, vegetable oil, bottled water, skimmed powdered milk, biscuits, etc. in his neighborhood. He lives with his wife and his dear children. He said all that he is working hard to achieve is because of his children's future. For that reason, he does not relax when it comes to business. With the loan, he wants to purchase more crates of assorted drinks, bags of sugar, cartons of vegetable oil, boxes of biscuits etc. to increase his inventory. He hopes to improve his savings to support his children in school. He believes that with his four years experience he will be able to make good use of the loan.

He is the leader of a trust bank group called ‘Clap for Jesus’. He is the one in front in 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 peer pressure to repay 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

  • $3,500
    Average annual income
  • 39
    View loans »
    Ghana Loans Fundraising
  • $11,598,000
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Clap For Jesus Group's $2,275 loan helped a member to buy grocery products.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 16, 2009
Jul 24, 2009
Currency Exchange Loss:
May 25, 2010