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Rock Of Ages Group
In this Group: Rose , Faustina, Alberta, Simon
Simon is forty-six years-old. He is married, and the father of five children who are currently pursuing education in senior, junior and primary schools. He lives with his family in their own house in a farming community. Simon runs a grocery store and is also a taxi driver. These are his main source of income with which to support his family. He is the leader of a village trust bank group called Rock of Ages. The members are all traders and food vendors who support their families through these businesses. They want to use the loan to purchase stock in bulk to avoid price hikes and also cut down on frequent travels. They are expecting to make higher profits this season to help pay their kids school fees. Your support would enable them grow their businesses.

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
  • $11,960,100
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Rock Of Ages Group's $1,425 loan helped a member to purchase groceries in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 11, 2009
Dec 19, 2009
Currency Exchange Loss:
Sep 2, 2010