Check out some available loans that are similar to this one!
Calvary Praise Group
In this Group: Margaret, Mary, Naana, Margaret
Margaret is twenty-three years old. She is single but has one child who is in school. She lives with her child in a rented apartment in Axim. Axim is along the coast in the western region of Ghana. Fishing is the major occupation of the people. Margaret is a fish seller. She is the leader of a trust bank group called Calvary Praise. The members of the group are mainly traders. The group requests a loan to procure goods in bulk to expand their businesses. 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

  • $3,500
    Average annual income
  • 32
    View loans »
    Ghana Loans Fundraising
  • $11,973,075
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Calvary Praise Group's $1,425 loan helped a member to buy goods in bulk to expand businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 2, 2009
Dec 14, 2009
Currency Exchange Loss:
Sep 2, 2010