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Good News Group
In this Group: Eva, Ama, Veronica, Hannah, Rosemond
Eva is thirty – one years old. She is married and has given birth to two children, both in school. She lives with her husband and children in a rented apartment in a town called Dormaa in the Brong Ahafo Region of Ghana. Dormaa is a commercial and farming town. Eva is a trader. She trades in printed textile materials. She is the leader of a trust bank group called ‘Good News’. The group is made of mostly traders and food vendors. Some hawk to sell in their community while others also trek to nearby communities to sell. The group wants a loan to help them buy goods in bulk to increase their stock. The group leader, Eva is seated right in the photograph.

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
  • 6
    View loans »
    Ghana Loans Fundraising
  • $10,860,250
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Good News Group's $1,750 loan helped a member to buy stock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2009
Listed
Oct 12, 2009
Currency Exchange Loss:
Possible
Ended:
May 18, 2010