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Dependable Group
In this Group: Theresa, Gladys, Robert, Elizabeth, Forgive, Catherine, Elizabeth, Dorothy
Theresa is forty-three years old and married with three children. All her children are in school. She works very hard to help her husband provide for the children. She prepares and bakes bread. She started her operations with her mother when she was a little girl. In spite of the challenges she faces, she has managed to acquire a portion of land where she wants to build her own house. It is her bread business that brings hope to the family and support from her husband. She has customers who come to her to buy in bulk. Her only problem now has to do with adequate funds to buy raw materials to meet the demand. She requests a loan to allow her to remain in business, and she also wants to save some of her profits for her children's education.

She is the leader of a trust bank group called ‘Dependable’. She is the one sitting in the group photograph. Most of the members of this group are petty traders, food vendors, etc. In this group, members guarantee for one another as social collateral in order 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
  • 29
    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 Dependable Group's $3,100 loan helped a member to buy baking materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 11, 2009
Aug 29, 2009
Currency Exchange Loss:
Mar 26, 2010