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Mckeown Trust Bank Group
In this Group: Rebecca, Akosua, Paulina, Emelia, Ama*, Elizabeth, Rebecca, Yaa, Ama
* not pictured
Akosua is a 53-year-old woman who describes herself as trustworthy. She is married to a gardener and together they have two children who are 14 and 17 years old. She would like to support her children’s education up to the tertiary level. Akosua has operated a retail palm oil business for the past year. She also sells 'gari' to supplement her income. Gari is a fried cassava dish. She will use the loan to buy palm oil and 'gari'. She hopes to eventually become a palm oil wholesaler.

Akosua is currently the leader of the trust bank group called 'McKeown'. Akosua believes that she was elected group leader because she is educated, humble and hard-working. There are 9 members in the group. The other members of the group are involved in trade businesses such as chop bar (food stall) operator, yam selling, and clothes selling. They plan to use the loan to purchase various items to grow their business to support their family.

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
  • 23
    View loans »
    Ghana Loans Fundraising
  • $11,435,900
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mckeown Trust Bank Group's $1,925 loan helped a member to purchase palm oil and gari in bulk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2010
Listed
May 17, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 5, 2010