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Yesu Tease Group
In this Group: Philomena, Gladys, Victoria, Theresa, Janet
Philomena, a 28-year-old petty trader, is divorced with one son. Currently her child is in school. She is a very resourceful mother whose hard effort brings livelihood to her home. She is a used clothing and soap seller. Selling used clothing is a very big market in Ghana as brand-new clothes are very expensive for the economically active poor. Therefore selling of used clothing has created a market for many women.

Philomena has been in this business for the past two years. She wants to use the loan to buy more bales of used clothing and detergent to increase her inventory. She believes this loan would help her save for her child's future and also to rent a store.

She is the leader of a trust bank group called ‘Yesu Tease’ which literary means 'God lives'. She is the one sitting 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
  • 26
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Yesu Tease Group's $1,675 loan helped a member to buy more bales of used clothing and soap.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 16, 2009
Aug 1, 2009
Currency Exchange Loss:
May 30, 2010