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Sunrise Trust Bank Group
In this Group: Cynthia, Leticia, Cecilia, Memuna
Cynthia is currently the group leader of Sunrise Trust bank group made up of 4 members. Cynthia is clearly a hard worker. She is 30 years old and sells cosmetics to customers in her community market. She also engages in farming to supplement her income. Cynthia has been operating her business for four years and is eager to be taking out this loan. She plans to invest the loan to purchase assorted cosmetics like make-up, bracelets, etc. to meet her customers’ demand. It is one of her dreams that one day she will be able to rent a shop to ease her stress of trekking.

Cynthia is married and she is the mother of seven children from age 1-12 years. She says that she dreams of being able to generate enough profits that she will be able to provide tertiary education to her children.

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
  • 34
    View loans »
    Ghana Loans Fundraising
  • $11,572,300
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sunrise Trust Bank Group's $1,425 loan helped a member to purchase cosmetics in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
Jun 10, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 8, 2011