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Ruth Group
In this Group: Johnson, Mary, Yaa
Johnson is 35 years old he is married and has four children. Three of his children are in school. He is very hardworking and supportive to the wife in providing food and shelter for his household. He owns and operates grocery shop and sells items like sugar, vegetable oil, bottled water, skimmed powdered milk and biscuits etc. in her neighborhood. He also sells goat meat in the market. With the loan, he wants to purchase more crates of assorted drinks, bags of sugar, cartons of vegetable oil and boxes of biscuits etc. to increase his inventory. He hopes to improve his savings to support his wife in taking care of the children educational needs. He is been in this business for three years now and takes stock of goods from Kumasi in the Ashanti region of Ghana.

He is the leader of a trust bank group called ‘Ruth’. He is the one sitting in the group photograph. Members of this group are petty traders, food vendors and farmers etc. In this small 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
  • 38
    View loans »
    Ghana Loans Fundraising
  • $11,603,250
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruth Group's $1,175 loan helped a member to buy more cartons of assorted drinks, bags of sugar, cartons of bottled mineral water and boxes of biscuit etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 14, 2009
Sep 25, 2009
Currency Exchange Loss:
May 18, 2010