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Ayim Group
In this Group: Mary, Agnes, Afua, Grace, Fusseina
Mary A. is a hard-working and honest baker and the group leader of 'A.' group. She has been in the bakery business for the past seven years, and currently has one oven which she says is not enough to meet the demand from her customers. As a result she is looking for support to expand her business to the level that she can own 5 gas ovens which will enable her to meet the high demand from her customers and also support her children's education to the university level.

'A.' group is comprised of 5 members and has been in existence a little over one year. All members say they are happy to be together and with hard work and financial support, each hopes to own a big business where they can retail their products. They are excited to be taking this loan to enable them to accomplish their dream.

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
  • 20
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayim Group's $1,175 loan helped a member purchase bags of flour for baking.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Apr 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 2, 2010