Check out some available loans that are similar to this one!
Mawu Pe Mo Group
In this Group: Benjamin, Simon, Anita, Rose
Benjamin is thirty-six years old. He is married and has two children, both in school. He lives with his wife and children in a rented apartment in Kade. Kade is a farming/commercial town in the Eastern Region of Ghana. He manufactures metal pots. Benjamin is the leader of a trust bank group called "Mawu pe mo," meaning "God’s way." Most of the group members are into trading activities. The group is requesting a loan to procure goods in bulk to expand their businesses. Benjamin is the one standing in the photograph. It is their desire to give their children the best education they can afford.

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
  • 42
    View loans »
    Ghana Loans Fundraising
  • $11,104,750
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mawu Pe Mo Group's $1,400 loan helped a member to buy stock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010