Check out some available loans that are similar to this one!
Ahontefoo Trust Bank Group
In this Group: Seth , Felicia , Evans, Felicia, Rita, Ama, Yaa, Grace, Martha, Vera
Seth is a 38-year-old man who describes himself as loyal. He is the leader of a group called 'Ahontefoo', which means “Righteous” in Twi, the language most commonly spoken in Ghana. Seth has been a grocery trader for the past 7 years. He will use the loan to buy provisions for his shop. Seth hopes to become one of the best-known grocery sellers in the area.

Seth is married and has 5 children between 1 ½ and 14 years old. He hopes to provide his children with educational opportunities.

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
  • 42
    View loans »
    Ghana Loans Fundraising
  • $11,104,750
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ahontefoo Trust Bank Group's $3,025 loan helped a member buying groceries needed to replenish inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2010
Listed
May 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 8, 2011