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Famous Trust Bank Group
In this Group: Clement, Akua, Patience, Linda, Afia, Adwoa, Ama, Felicia, Yaa, Abena
Yaa A. is currently the group leader of 'Famous Trust' bank group made up of 10 members. Yaa is lovely and a strong woman. She is 43 years old and sells kente cloth to customers in her community. She also engages in farming to supplement her income. She plans to invest the loan to purchase a variety of kente cloth to meet customers’ demand.

Kente cloth is a famous richly woven traditional fabric of single or multiple colors, usually worn during special occasions like festivals, parties, out-door events and other social gatherings This has created a market for women like Yaa.

Yaa has divorced and she is the mother of five children from age 5-22. She lives with her children in a family house. She says that she dreams of being able to grow her business to support her children through university 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

  • $3,500
    Average annual income
  • 34
    View loans »
    Ghana Loans Fundraising
  • $11,958,450
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Famous Trust Bank Group's $3,625 loan helped a member to purchase kente cloth in bulk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 21, 2010
Jun 18, 2010
Currency Exchange Loss:
Dec 18, 2010