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Aba Pa Trust Bank Group
In this Group: Zenabu, Comfort, Mercy, Akosua*, Margaret, Herti, Joyce, Emelia, Agartha, Victoria
* not pictured
Agartha K. calls herself a humble and honest petty trader who sells all kinds of fruit, vegetables and other foodstuffs. She has been in this business for the past 20 years and has been able to support her family with the proceeds from her business. As a result of her honesty she buys from farmers on credit and pays back only after she has sold everything. She says this comes with a cost since she has to pay more than the normal price for items sold to her on credit.

Agartha hopes to own her own store in Sunyani township where she will sell a variety of food items and has been working towards this goal over the years. She also has the dream of supporting her children's education to a level where they will be gainfully employed.

Aba Pa in our local language means a "good seed" and for Agartha and colleagues, whatever loan they receive from lenders is a good seed sown in their business. They hope that this good seed will enable them to attain the dream of expanding their business to the desired level. This group of 10 has been together for a year and hope to maintain forever the unity cord that brought them together.

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
  • 46
    View loans »
    Ghana Loans Fundraising
  • $11,460,400
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Aba Pa Trust Bank Group's $1,425 loan helped a member tomatoes, mangoes, cassava and plantains.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2010
Listed
May 6, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 2, 2010