Check out some available loans that are similar to this one!
Odo Na Eye Tb Group
In this Group: Yaw, Margaret, Giftina, Ophelia, Douglas
Yaw S. is a hard-working man, resourceful on behalf of his family. He is married to a trader who sells socks and together they have six children who range from age 2-15. Yaw is also a trader who sells used shoes and they want to make sure they are financially able to support all their children through university education.

He purchases used shoes from wholesale outlets in big cities and retails them to his customers. Selling used shoes is a big market in Ghana because they are relatively affordable for the ordinary man. He sells to adult males and school children.

Yaw is currently the leader of a trust bank group called “Oda na eye” (translated as 'Love is best'), made up of five members. The other members are also engaged in businesses such as food selling, baking, grocery sales, used clothing sales, etc. They are the major breadwinners of their respective families and are requesting a loan to support their businesses. Their common dream is to be financially self-sustaining and to be able to support their children through quality education.

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
  • 16
    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 Odo Na Eye Tb Group's $1,150 loan helped a member to purchase assorted used shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Apr 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 2, 2010